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Iraqi investors: the partnership ideal method to achieve economic gains of the country

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Source: Al-Sabah - 18/11/2009
Iraqi investors: the partnership ideal method to achieve economic gains of the country

Many investors will seek to enter the Iraqi investment partnerships with their counterparts from Europe or the rest of the countries that have had long experience in various industries and other investments and say that is will allow local companies to acquire high-level expertise as well as transfer and the last major scientific technology involved in various industries Iraq is now desperately in need ..

Noting that the Iraqi private sector has the basic components that will allow him to enter partnerships with foreign investors, particularly the ownership of capital, expertise and qualifications in addition to the human factor expertise in key investments which would gain a good financial ..

Has seen a recent visit many of the Iraqi investment delegations to various countries, especially European ones with a view to put forward ideas and visions of investment with other foreign companies, which met with applause and acceptance of businessmen and foreign companies that were found in their interest to enter partnerships with local investors and completion of major projects can be be beneficial for Iraq ..

In the view of the investor, owner of Al Majid handkerchief across the world the great interest that can benefit from all parties in the event of an investment partnerships with European businessmen or Arabs, referring to the transfer of new technology in various industries is the best group in such a partnership, as well as turning the economic wheel, which had been crippled after 2003, and called a handkerchief, which took on a vacation investment for a huge project is expected to succeed in the province of Najaf for the manufacture of machines to generate electricity since the Jonder him a French agency that and gave him the right to make, calling on the Iraqi investors to force the pace towards the seek partnerships with foreign investors, indicating strong desire of the European businessmen in obtaining or industrial construction projects in Iraq and in partnership with local businessmen ..

Seeking many large companies to enter the Iraqi arena and access to industrial investments, or different physical or economic, have signed the Oil Ministry recently a number of agreements to develop oil fields, either the judge or oil exploration or to establish or increase refinery production, as well as many firms other world that have received different investment licenses in various Iraqi cities, and watchers believed that the state security and stability witnessed by all the large provinces of the country will enhance the chances of Iraq to send more of the investment companies in the near future as indicated in the economic researcher was raised good, indicating The large size of the temptations presented by the investment law was an additional factor to attract capital and foreign companies to Iraq, and shows that good in the interest of local investors and their foreign counterparts to enter partnerships for the implementation of urban, industrial projects in Iraq, explaining that the reason behind this is that the investor foreign database and find adequate information about the project and the land and the material value that would accrue after implementation, benefiting from the experiences of Iraqi businessman in this area, however, pointed out that good technology transfer and upgrading work and the development of production lines for factories is the most prominent will get an Iraqi investor, as well as skills training and manpower on the latest scientific achievements in the field of industrial or urban ...

Has held a number of Iraqis, a number of Investor European tours that resulted in the conclusion of bilateral economic agreements as well as to show local entrepreneurs on the ground, Industrial and Commercial Union, which has evolved considerably over the past years, in addition, Iraq was also seen visiting several of the Arab trade delegations and other foreign nations that have great desires to invest in Iraq ..

Where he visited the delegations of Bahrain and the UAE recently holy city of Najaf, and met during the visit, the second deputy governor of Najaf, and the head of investment .. have confirmed their intention to invest in funds through a number of service projects, recreational and employment in the province, stating that more than (90% ) of the workforce in these projects is one of the people of the province, as announced by the conservative investment Anbreetn obtain the approval of the maintenance contract with Italy to build a residential compound in Ramadi.

Fahdawi said staff member of the Anbar province and the Investment Authority: The Council approved the request of the Anbar province, an investment contract with Italy to build more than 2000 residential units in the city of Ramadi, distributed to the beneficiaries under the terms of controls prepared in advance, and, in Dhi Qar companies have specialized willingness France to work in the province, especially after the recent amendments in the law of investment.

Haider said Ajil official media Dhi Qar Investment Authority: The French prepare for the meeting came during the collection of the delegation of the Thi-Qar investment on the sidelines of the Baghdad International Exhibition currently being held in Baghdad.

He noted that French companies specialized in the preparation of plans and schemes as well as airports, other companies specializing in agriculture and processing of plastic greenhouses.

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