Experts and investors: we need to temptations of government for the return of the Iraqi capital
Baghdad .. called a number of economic experts to speed for activating the law guarantees the rights of migrants Iraqi investors to invest within the country.
Today stressed the need to be given the facilities that will enable them to contribute in the process of rebuilding the country.
The economist said in a statement Beheiri star (of the Agency news) said the security situation in Iraq has improved dramatically, so it is necessary to work on the return of Iraqi investors abroad.
He pointed out that the main reason for the non-return of the instability of the situation the government is large and the political situation contrasting between the left and right and the absence of a fixed base in order to recognize in the light of instructions in order to implement the Investment Law for the year (2006) (No. 13) and this investment, as confirmed by the government and many of officials that it will be the focus of world attention.
And Beheiri: that investors are only those who appreciate the seriousness of their coming to Iraq because the security situation, which may not help does not help to invest long term, considering that this investment harms investors because it entails a lot of things, they (investors) are trying to create short-term investments, more which are medium or long, continued Beheshti: "Despite all of this is that Iraq has the capacity and capability and resources to develop the present investment.
He Beheshti: "The government provided inducements to investors, but they can not afford to sacrifice their capital working and operational within the law your own, despite its amendments, and it does not achieve and does not believe what they want to invest their money in Iraq, as is clear is that there is a significant shortfall in the provisions of the items contained in the law on the one hand government fulfill the commitments and legal obligations and finance them.
For his part, said economic expert Ghazi Kanani said that there are many factors caused the non-Iraqi investors back into the country, including the absence of law to protect investors and their capital, and another reason is the security situation and political instability are all factors that lead to the non-return.
He added, Kanani (of the Agency news): factors that encourage the return of Iraqi investors and come confined to the points; first: You have to be approved to form a government by the parliament and II: age laws new economic legislation, and III: stable security situation, and that the government is starting the implementation of the number of important projects, as well as activating the role of the Iraqi private sector is located inside Iraq for the implementation of these projects and all these factors that promote the return of the Heads of migrant money into the country.
And Kanani: that investors are now in a state of alert and waiting for opportunities to implement these factors to form the government and the security and stability, as well as the enactment of laws and the process of economic reform and also approved the general budget of the state and the government's ability to implement its economic program and the time limit set for that government to be transparent in its work
On the other hand, said the investor Harith al-Mahmoud Salem one who has invested most of his money in Jordan, said the floors in Iraq for the investment is fertile, as well as the absence of legal safeguards and the absence of the proportion of safety significant, and added: "We have for the Iraqi government to offer temptations for us to return and invest the money in the land of sensitive except that we have for life, and called for the need to start reconstruction widely, and that investors feel reassured, and did not feel adventure fraught with losses in Iraq.
