Monday 12/12/2011
Araji: U.S. companies shall give comfort to reduce administrative red tapeBaghdad / term economic
Forecast Chairman of the National Investment Sami al-Araji, the investment boom in most economic sectors and service sectors.
They said in a press statement: The work is underway to remove all administrative and legal obstacles that stand for the arrival of international companies, pointing out that he will urge U.S. companies to enter Iraq strongly during his visit to Washington with Prime Minister Nuri al-Maliki.
He said al-Araji's (Agency news) before his departure to Washington: The Commission understands the requirements of investment business I felt that through its presence in global economic forums and regional and local levels, where they stood at the great desire of international companies in the work, pointing out that international investments have become aware of the size of Iraqi market for all goods and merchandise, in addition to job opportunities that are available in all economic sectors, where there is a market-scale investment in all governorates of Iraq.
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He pointed out that the authority is working to overcome all the determinants of investment business by adapting legislation have, and continued: There is a tendency for the implementation of projects industrial and agricultural support needs of the country, to the housing sector, which suffers problems can be overcome easily, pointing out that the private sector must have a big role in the investment process.
The Araji: he will introduce during his visit to Washington for U.S. companies to enter by force to Iraq, as well as More reassure those companies to reduce administrative red tape of government, and amend the investment law, which will give these facilities investment opportunities, and continued: Sentalam on the situation of investment in Iraq.
The Araji: The foundations of the guarantors of investment available, and there are investment companies large global studying the work environment, and investment business difficult and delicate and needs the protection of investors and their money, pointing out: The focus will be on infrastructure projects such as housing, water, sanitation and electricity in addition to the development of industry, agriculture and tourism.
The international companies in various disciplines studying the projects carefully from all sides, after having started the inviting these companies to come to the country and examine the reality of working closely.
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