April 4, 2010
Iraqi government economists call attention to the free economic zones in Iraq
Baghdad - called for a number of economies, experts said Sunday government agencies to pay attention to areas Alaguetsadipaharp in Iraq in order to activate the reality of the Iraqi economy, calling it the heart of the Iraqi investment.
The economist said Hamid al-Ani told Kurdistan News (Akaniwz) announced today that "Iraq has been unable to attract investors through the free zones because of security conditions experienced by the country after the fall of the former regime, as is the case in the countries of the world, undermine economic zones wide attention by States investment as a strategy to attract investment and employment of the developed countries commercially, especially in European countries. "
Alani said the "free zones that would promote investment and commercial reality in the country to take him from a role in the absorption of unemployment in the country."
He added that "the General Authority for Free Zones, which includes three vital areas you do not turn on what should be for unknown reasons as in the free zone in the Nineveh Creek raisins in Basra and Free Zone-based because of administrative and financial corruption is prevalent in these areas."
For his part, called the Economic Abdul-Zahra al-Rubaie, the government and stakeholders to "exploit economic position enjoyed by Iraq and to build more of border areas because of their importance in communicating with the world as Iraq is situated on the top lines of international trade strategy", .., explaining that "the region Free Raisin Creek located on the top three oil countries enjoy a strong economy, namely Saudi Arabia, Kuwait and Iran, as well as the free zone in the governorate of Nineveh in northern Iraq because of its proximity to Syria, Jordan and Turkey. "
He suggested that al-Rubaie "recover the purchasing power of the Iraqi people in the event has been improved and the reality of free zones in Iraq," ..
And lauded his "indispensability to the provision of services in these areas to be the focus of foreign investors and the Last Iraq is the main control of the region."
For his part, said an economist at the Ministry of Commerce Hassan Al-Zubaidi "Investment in Iraq would be better because of the freedom to choose the activity that the investor can invest in as well as the lack of restrictions on the nationality of the investor or capital invested."
It promised that "government is required to grant concessions to foreign investors, especially those who have worked in countries gone through experiences similar to the Iraqi experience, such as Lebanon, which discriminate effectively in this area to become the main market in the Middle East as a link between Europe and the Arab Gulf states."
For his part, expressed surprise at teaching in the Faculty of Economics, University of Baghdad, the winner saw him Lizzie from "belief toddler with some of that investment in Iraq is in the free zone and said that" investment no different in Iraq if it was in the free zones or in other places since it will be any form of forms on the national investment which will determine the investment license granted by the importance of the project and the extent of conformity with the law passed in 2006. "
He saw him that Lizzie "to facilitate administrative procedures to facilitate the process does not mean that investment in Iraq, but on the contrary, as most investment projects in free zones fail because of lack of familiarity with the foreign investor on the details of an expanded investment projects in the country."
The Iraqi government had called earlier in the more than 790 global investment company to participate in the rebuilding of Iraq, especially major infrastructure projects.
(آكانيوز) ج و 4/4/2010 (Akaniwz c) and 4/4/2010