The National Investment Commission and investment commissions in some provinces grant (257) investment licenses during 2018

The National Investment Commission and investment commissions in some provinces grant (257) investment licenses during 2018

At a cost of more than $ 8 billion

The National Investment Commission and investment commissions in some provinces grant (257) investment licenses during 2018

The National Investment Commission and investment commissions in the provinces granted (257) investment licenses during 2018 at an estimated cost of more than (8) billion dollars distributed to various economic sectors.An official source in the National Investment Commission said that these investment licenses were distributed by (88) licenses granted by the National Investment Commission (NIC) and a number of investment commissions in some provinces supervised by NIC according to Regulation No. (2) for 2009, amended, Diyala, Babylon, Holly Najaf, Dewaniya, Thi Qar, Maysan and Basra. Four of these licenses were issued for strategic projects at a cost of more than 3 billion dollars. He added that the 88 investment licenses were distributed over 12 sectors economic as follows:-         Trade sector, 21 investment licenses-         Entertainment sector, 1 investment licenses-         Telecommunication sector, 1 investment licenses-         Education sector, 6 investment licenses-         Services sector 4 investment licenses-         Sport sector, 4 investment licenses-         Agriculture sector, 3 investment licenses-         Housing sector, 8 investment licenses-         Tourism sector, 4 investment licenses-         Health sector, 6 investment licenses-         Industrial sector, 16 investment licenses-         Electricity sector, 14 investment licenses (2 for power stations, 12 for charging).  The source pointed out that the number of licenses granted by the investment commissions in the provinces other than the provinces of Kurdistan Region was (169) investment licenses. –         12 investment licenses for Anbar-         66 investment licenses for Baghdad-         10 investment licenses for Holly Karbala-         26 investment licenses for Wasit-         32 investment licenses for Muthana-         15 investment licenses for Kirkuk Stressing that all applications submitted by investors are being examined in accordance with the provisions of the Investment Law No. (13) for 2006 and its amendments, as well as contacting investors to complete the documents and requirements stipulated by the Investment Law and related regulations in coordination with the One Stop Shop, economic, legal and technical departments in the NIC and related ministries (Especially the landowners) and not affiliated bodies and governorates.