NIC Chairman, Dr. Haider Muhammed Makkiyah, meets with Chairman of Martyrs Institution, Mr. Abdul Ilah al- Naely, and the accompanying deputation today, Monday 6th of Feb. 2023 and discusses possibilities of mutual cooperation.
NIC Chairman, Dr. Haider Muhammed Makkiyah, meets with the head of the supreme Judicial Council, the Judge Dr. Faeq Zedan, today Monday 6th of Feb.2023 and discusses a number of issues pertaining to specific investment files and possibilities of preparing attractive investment environment.
NIC Chairman, Dr. Haider Muhammed Makkiyah, meets with the Ambassador of Saudi Arabia Kingdom in Baghdad, Mr. Abdul Aziz Al- Shimarry and the accompanying delegation.
The two parties discussed the progress of mutual relations and possibilities of economic cooperation in various investment fields in the way that serves the good of the two countries.
Good news to Bismayah city and other housing complexes inhibiters
After a stoppage for years …
NIC Chairman, Dr. haider Makkiyah, was able, after one meeting with the Minister of Justice and DG of Real Estate registration, to settle the matter of defining the housing units in Bismayah city project and issuing possession bonds for buyers.
It was agreed upon the form of the possession bonds to save the rights of buyers, the measure that shall be generalized on all other housing complexes in Iraq.
In coordination with the Iraqi Minister of Justice , Dr. Khalid Shwani
NIC Chairman, Dr. Haider Makkiyah, confirms
An elaborated meeting was held today Thursday, 2nd of Feb.2023 in the Ministry of justice premises with the attendance of Dr. Khalid Shwani, Minister of Justice and Dr. Haider Makkiyah, Chairman of the National Investment Commission and a number of the concerned officials from both sides, during the meeting an agreement had been reached to define the housing units of Bismayah city project and issue the possession bonds for buyers in an exception from the real estate registration law.
The two sides also agreed to adopt a new mechanism to define the housing units of vertical order which shall be implemented outside the borders of Baghdad as a big support for the process of marketing these projects.
There was a confirmation during the meeting to support the department of real estate registration of Bismayah city project after providing the needed building and other needs, enabling it to act its role in the proper way that can match the expected rise in the numbers of registrars
This new NIC moves come to solve the problems facing housing projects in Iraq in general, within the framework of the serious plans to support this vital sector harmoniously with the governmental programs
Worth mentioning that the meeting was also attended by a number of DGs and concerned members from the Ministry of Justice and NIC.
During his meeting with the Minister of Transport, Mr. Razaq Mhebes al- Saadawi
NIC Chairman, Dr. Haider Makkiyah, submits a review for three strategic projects
NIC Chairman met on Wednesday 1st of Feb.2023 with H.E Minister of Transport, Mr. Razaq Mhebes al- Saadawi and discussed with him plans and mechanisms of implementing three strategic and vital projects that NIC intends to announce for investment in direct coordination with the governmental concerned sides. The projects are ( Oh Hussein Metro, expansion of Baghdad International Airport, in addition to the construction of new airport in the capital).
Minister of transport expressed his consent to list the projects of (Oh Hussein and the new airport) in the paper of the opinion Committee of the Ministry of Transport.
NIC Chairman, Dr. Haider Makkiyah, previews the investment offers submitted by Hazar Turkish group
NIC Chairman met on Wednesday 1st of Feb. 2023 with Shekh Hazar Al- Zibari- chairman of Hazar group and partner of YDA Holding Turkish group
He discussed with him a number of the projects that the group seeks to implement in Iraq among which housing projects in Baghdad and Mosul and high way project that connects Basra – Mosul beside others in infrastructures, airports, hospitals, industrial and services buildings.
NIC Chairman previewed the preliminary offers submitted by the company and promised to study them and take adequate decisions in the way that match with NIC plans to attract solid capitals and companies. Worth to mention that YDA group is one of the pioneers in ten of the key sectors like (constructions and entrepreneurships, real estate development, general medical sectors, energy,
mining, agriculture and IT) and has an experience of more than half a century that puts it within NIC field of interest.
Within the framework of the State’s procedures to control the exchange rate
NIC Chairman direct investment companies to adopt Iraqi Dinar
Directives from NIC were given today Wednesday 1st of Feb.2023 to all investment companies, licensed by it to construct housing compounds, to abide by the government exchange rate approved by Iraqi central bank which is 1470 Dinars for each 1 Dollar. NIC official spokesman added that these directives came according to the Ministers’ Council decision no. 23026 for the year 2023 which stipulated taking the necessary actions by investment companies investing in housing sector not to demand beneficiaries to pay in higher than CBI approved exchange rate otherwise companies shall be legally prosecuted.
NIC Chairman, Dr. Haider Makkiyah, meets the Egyptian businessman – Naguib Sawiris- Chairman of the Board of Directors of Orascom Invetsment holding company
And discussed a number of opportunities and sectors the company is willing to invest in, like taking part in the construction of new housing projects (big cities) for low and high income classes outside Baghdad with all needed services to reduce congestion in the Capital. In addition to the interest in sectors like tourism, food processing and others previously experienced by the company.
During being hosted in the meetings of the dilatory investment projects committee of the General Secretariat of the Ministers Council
NIC Chairman discusses solutions available to motivate dilatory investment projects
NIC Chairman, Dr. Haider makkiyah, was hosted on Thursday 26th of Jan.2023 in the committee of the dilatory investment projects in the General Secretariat of the Ministers’ Council premises with the attendance of the relative sectoral sides’ representatives and other concerned sides.
A number of crippled investment licensed projects were studied to define obstructions that hinder their implementation. During the meeting, chances and possibilities of implementing governmental visions were also discussed with the ways of adopting the policies that can contribute to attracting investments to raise economic growth rates and optimize the country’s economic situation.