Basra confirms activation of the implementation of the law "Basra, Iraq's economic capital"

The first deputy governor of Basra, Mohammad Taher al-Tamimi, on Thursday, the importance of starting the activation of formal and administrative procedures to activate the application of the law of Basra, "the capital of Iraq's economic, noting that" this measure will contribute effectively to attract investors, and revitalize the economic movement of the province, In Basra. "

"We, as a local government in Basra, will work with all our strength to start activating and implementing this law on the ground to advance our vision of Fayhaa," said a statement from the office of the deputy governor.

Tamimi added that "this law has created a fertile ground for the development and stimulate the economy of our province, as well as encouraging the entry of investors through the Iraqi economic portal," which is less deserved by Basra.

He pointed out that "the law of Basra, the economic capital of Iraq will allow the local government to" move and benefit from the experiences of neighboring countries, and the use of local expertise, and economic institutions effective work according to administrative boundaries to improve their existing if they were invested correctly and seek to transform the province into a free trade zone , And exercise its potential available to establish areas of economic development in the province to be attractive to investment by international investment companies.

Al-Tamimi pointed to the participation of the local government in Basra in several economic conferences and workshops. Results were reached through studies that were issued recommendations and the identification of industrial zones in Basra.

He added that "the Federation of Industries in Basra presented a study containing 2000 projects involving projects for medium industries, stressing that if the activation of this study on the ground, it will contribute to the employment of nearly 200 thousand workers in Basra.

The first deputy governor of Basra, "the activation of the Council of Planning and Development of the province in favor of the Basra project, Iraq's economic capital.

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