Iraq ~ Stressed by a number of investors and government sources, the need to support the investment process ...

05/12/2011

Investors applaud the Iraqi engineering competencies in project implementation

Stressed the importance of amending certain paragraphs of the investment law ...

Baghdad Al-Sabah

Stressed by a number of investors and government sources, the need to support the investment process through the provision of facilities to the cadres of companies operating in the country, as well as the adoption of the instructions that facilitate the entry of the work requirements at the border gates, which have become a prominent obstacles to project delays, and overtaking on the implementation periods fixed in the contract, as well as the need to contain the red tape that accompanies the construction process and cons on the reality of work in addition to the importance of building security plan flexible working help to access raw materials and logistics according to the plan set for the work.

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Engineer Akram Fri of the Municipality of Baghdad told (morning) that the investment projects which are implemented by companies global investment continued in more than one field and within certain limits, pointing out several obstacles negatively affect the flow complete the work as planned, noting that the engineering cadres Turkish working in the project did not have a clear vision for the potential engineering of Iraq, but after a short time proved our staff engineering art and existence, and has become the trend towards reliability in the implementation of many important works in the project, pointing out that the engineering capabilities of Iraq are able to compete with what is owned global investment firms , and can rely on Kdaratna local project management in various production sectors.

He said the Street Development Project Baghdad International Airport over the period of delivery specified in the contract, and became to request further periods of Kamal business, because you find a job and not the arrival of raw materials and logistics imported on time, led to the suspension of work in more than one occasion, indicating that the Municipality of Baghdad following the stages of completion continuously, and is working to overcome the obstacles that accompany the course of delivery, stressing the need to have a partner for foreign investors, who works on the implementation of projects, noting that it helps to overcome many of the obstacles that appear during the course of work, including problems in the workplace and its impact in the investment business, explaining that this view stems from the experience of working alongside the Turkish company implementing the project and requesting cooperation continued to contain all Mhaddat field work.

And called for extended base stations checks laboratory-based in all phases of work, and can not be dispensed with in all projects, but represents the main steps that make the work moves from one stage to another without concern, which requires the availability of such laboratories in the general areas of the country and the possibilities of advanced quickly to show results, explaining that the laboratory tests require a long time today and this is one of the obstacles that accompany the investment projects.

Meanwhile, a project manager for Cape Murad Ayhan Bashir: The field work in Iraq and the large has many job opportunities did not expect foreign investors, pointing to the Investment Law 13 of 2006 is one of the good laws , but the need to develop some paragraphs, to fit with the reality of work in the country, and noted that the investment business requires advanced banking services facilitate cash handling and operations of creativity, according to the amounts, and must be linked to Iraqi banks the Central Bank and the adoption of systems of work developed, and can build a banking system Turkey, a country adjacent to Iraq, and supports advanced system in this regard.

He added that there are several aspects to facilitate the presence of international companies specialized in Iraq, the most important development of the work the Department of Registrar of Companies, and the registration mechanism more flexible than it is now, pointing out that the company Cape one of the largest Turkish companies and their business in several countries, but interface difficulty in recording company in Iraq, although the volume of investments in Iraq requires a move away from routine so complicated.

He pointed to the importance of registration procedures for the entry requirements of the investment business at border crossings and ports where there are agricultural products and the trees and the requirements of green space dedicated to the development of street Baghdad International Airport late at ports, border two months ago, and this affects the implementation of the complete the work on time, noting that overcome these problems possible to lead to the investment environment and fit the goals of the local economy.

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