The National Commission announced 992 investment opportunity

13/12/2016 0:00

Awarded more than 1,300 vacation and signed 23 agreements and a memorandum of understanding

BAGHDAD / Tariq al-Araji

National Investment Commission granted since the beginning of the year until last September more than 1,300 investment license.

With 992 investment opportunity announced during the current year, and signed 23 agreements and a memorandum of understanding to invest private.

The head of the body, Dr. Sami al-Araji, the "morning": that the bodies of investment across the provinces awarded more than 1,300 investment license until last September, with a total value exceeding 90 billion dollars, adding that those vacations were distributed among various sectors between the completed projects and others under way, In addition to projects stalled for various reasons.

He added that investment opportunities declared during the current year amounted to 992 investment opportunity were distributed among the provinces, pointing out that they included strategy, medium and small businesses.

In regard to the oil and gas sector, he said he had received a number of investment opportunities, including the seven mission and strategy, while won the electricity sector on the ninth distributed between Baghdad and Basra and Anbar investment opportunities, adding that the commission said in a housing many investment opportunities sector.

And residential projects, said al-Araji, was the announcement of the largest formerly strategic residential project at Camp Rashid in Baghdad and of the establishment of an integrated city services for more than seventy thousand residential units, in addition to sports, medical, commercial and recreational centers at a cost estimated at $ 17 billion, with infrastructure, pointing out the rest of the private housing sector, the opportunities were distributed among the provinces by 25 000 units per Mhafezh.wachar that the transport sector seven strategic opportunities which are available, as were opportunities in the health sector, 128 are distributed among all the provinces a chance, as were opportunities in the industrial sector, about 113 chance , while the investment opportunities in the tourism sector stood at 78 chance, and 27 a chance in the sectors of education. He said al-Araji said the services sector included 163 service investment opportunity are distributed among the provinces, as were opportunities in the youth and sports sector 150 chance, noting that the agriculture sector has witnessed 158 launch distributed among the provinces a chance.

With regard to the agreements on the process of investment said al-Araji, said the body took place from the year 2008 until the year 23, a memorandum of understanding and an agreement with Arab and foreign countries, and there are consultations to sign the 15 other agreement, noting that the Commission and in cooperation with government agencies and other facilitated the issuance of approximately 44 599 entry feature variety for Arab and foreign investors.

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