Babylon seeks to attract international investment

Babil Investment Authority confirmed that a British company is showing its desire to establish an investment residential complex in Babylon, which includes 3500 housing units.
The Director General of the Authority, Dr. Nasr Hamoud Al Enezi, said: British company UKML expressed its desire to establish an investment residential complex in Babylon, which includes (3500 housing units), during the visit of a delegation of the company to the headquarters of the Commission. He pointed out that the delegation of the company started its desire to invest in Babylon to establish an integrated residential city in view of the advantages of attractive investment, noting that the province of Babylon welcomes international companies to implement investment projects contribute to the development of economic and economic development, reviewing the attractive features of investment.
The Babil Investment Commission announced the lifting of a number of investment projects to the National Investment Authority for the purpose of studying and granting licenses to invest in various economic sectors.
**Al-Enezi said that the Authority has raised (4) files of investment projects to the National Investment Commission, indicating that the projects included a commercial area and a break station, a model farm and a nursery for the production of fruit seedlings, vegetables and ornamental trees, as well as fish breeding project. He stressed that the Authority has sent during the past few days more than (5) files of other investment projects and waiting to grant investment licenses, noting that the Commission has developed an integrated plan to raise projects to the National Investment Authority for the purpose of granting investment licenses to improve the investment reality in Babylon and the development of the investment sector.


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