Industry working to execute contracts with companies discreet

2016/12/26 9:44


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Industry and minerals Ministry said mechanisms prepared by over decades of rehabilitation and employment and contracts with companies or agents and discreet company as replica with the companies Act No 22 of 1997 adoption rate controls for work contracts laid down by the Council of Ministers resolution 294 the year 2013.

He said the Director of the Center for media and Public Affairs Ministry Abdul Wahid al-shammari said in a statement received all Iraq [where] a copy of it, the mechanisms involved were limited to the number of points that the company specify investment opportunity and preparation of an integrated investment file in both Arabic and English and is displayed on the Board, and that the investment approval service approached the Ministry by examining the file by its departments including technical, economic and legal [and internal control and audit as well as investment services for submission to the Minister for approval Board of Directors ' resolution approving Declaration of investment opportunity in accordance with the prepared file. "

He added that the company declare investment opportunity in widespread local media and websites of the company and the Ministry and also through national investment and trade missions of the Commission, and also to receive the offers received by the company for the purpose of study and displayed on the company's Board of directors until the appropriate assignment decision taking into account the application of the provisions contained in the Government Contracts Regulations No 2 for the year 2014 in terms of economic feasibility, technical and commercial as well as open and analyzed down to the assignment under the criteria Tradeoff proclaimed in investment file ".

He identified the mechanisms by sending all the primitives supported by the decision of the Governing Council with a draft contract to be entered into with the partner best suited to investments to be audited in cooperation with the Ministry headquarters.

He said Undersecretary Adel technical cream that proposed help pay towards giving the boards responsibility to activate the investment file and reduce the bureaucracy and centralization will serve to accelerate work in addition to transparency in advertising, and follow up and documentation so Naveed all paragraphs before.

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