Put millions of acres of agricultural investment in Iraq by foreign companies
14 January, 2010
The Chairman of the National Commission for Investment Sami Araji that Iraq is in the process of putting two million acres of agricultural lands for direct investment from foreign companies, and the volume of the amount of money for this kind of investment is about $ 18 billion, also disclosing the existence of five million additional acres of agricultural land ready for reclamation and prepared for planting by drip irrigation and sprinkler and water recycling.
And Iraq could move towards investing vast tracts of uncultivated land, in a move aimed at enhancing agricultural production and exploitation of millions of hectares of undeveloped land known as «Bor».
He said the agriculture sector are interested in the move, the first of its kind, seeks to achieve the national investment in order to attract investment companies take on the exploitation of these areas to plant varieties Iraq needs a lot of them wheat, rice and vegetables, as well as the establishment of farms for cattle, sheep and poultry projects.
Chairman of the Board of Directors to be eligible for agricultural production, said: "the agricultural sector will not be able to promote, without the entry of foreign firms investing».
He stressed the importance of presenting viable agricultural land reclamation, companies and businessmen to attract them to invest in support of the Iraqi economy.
He added: «The reactivation of the rehabilitation of the sector and require the allocation of more than enough money to support the peasants and farmers, in order to develop their work and planting different crops, with the need to purchase crops at competitive prices high to eliminate the problem of migration of farmers to their land.
It is noteworthy that Iraq had previously issued an order banning importation of which specific items of agricultural products, in a move designed to support this important sector in supplying the general budget of the country.
And welcomed the community on the move.
As the National Commission for Investment has announced that Iraq near a deal with billions of dollars in agricultural UAE company, relating to lease agricultural land for long periods.
Promised the largest deal of its kind in the sector, stressing that the signature is nearing its final stages, and the company will lease the UAE invested agricultural land in Iraq for a long time, after the lifting of the ban on foreign ownership of land.
Under the deal to plant products such as wheat and barley, in addition to the adoption of a new system of water management.
14 January, 2010
The Chairman of the National Commission for Investment Sami Araji that Iraq is in the process of putting two million acres of agricultural lands for direct investment from foreign companies, and the volume of the amount of money for this kind of investment is about $ 18 billion, also disclosing the existence of five million additional acres of agricultural land ready for reclamation and prepared for planting by drip irrigation and sprinkler and water recycling.
And Iraq could move towards investing vast tracts of uncultivated land, in a move aimed at enhancing agricultural production and exploitation of millions of hectares of undeveloped land known as «Bor».
He said the agriculture sector are interested in the move, the first of its kind, seeks to achieve the national investment in order to attract investment companies take on the exploitation of these areas to plant varieties Iraq needs a lot of them wheat, rice and vegetables, as well as the establishment of farms for cattle, sheep and poultry projects.
Chairman of the Board of Directors to be eligible for agricultural production, said: "the agricultural sector will not be able to promote, without the entry of foreign firms investing».
He stressed the importance of presenting viable agricultural land reclamation, companies and businessmen to attract them to invest in support of the Iraqi economy.
He added: «The reactivation of the rehabilitation of the sector and require the allocation of more than enough money to support the peasants and farmers, in order to develop their work and planting different crops, with the need to purchase crops at competitive prices high to eliminate the problem of migration of farmers to their land.
It is noteworthy that Iraq had previously issued an order banning importation of which specific items of agricultural products, in a move designed to support this important sector in supplying the general budget of the country.
And welcomed the community on the move.
As the National Commission for Investment has announced that Iraq near a deal with billions of dollars in agricultural UAE company, relating to lease agricultural land for long periods.
Promised the largest deal of its kind in the sector, stressing that the signature is nearing its final stages, and the company will lease the UAE invested agricultural land in Iraq for a long time, after the lifting of the ban on foreign ownership of land.
Under the deal to plant products such as wheat and barley, in addition to the adoption of a new system of water management.
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