NIC Chairwoman, Suha Dawood Najar, meets with the representative of USAID and the head of TAKAMUL program ( PETER DIMITROFF ) and discusses a number of issues regarding activating partnership between the Iraqi public and private sectors
NIC Chairwoman, Suha Dawood Najar, meets on Tuesday 1.06.2021 with the Minister of Labor and social Affairs, Mr. Adil AL- Rekabi, and discusses a number of issues regarding investment.
During her meeting with the Iranian Assistant Foreign Minister and the accompanying official delegation
Chairwoman of the National Investment Commission … There are no restrictions on the entry and exit of foreign capital to Iraq.
Chairwoman of the National Investment Commission, Suha Dawood Najjar, met the Assistant Foreign Minister of the Islamic Republic of Iran for Diplomatic and Economic Affairs, Mr. Rasoul Muhajir, and the accompanying official delegation, on Wednesday, 05/26/2021, at NIC headquarters.
She discussed with him a number of issues related to the mechanisms of economic and investment cooperation between the two countries, represented by facilitating entry visa procedures for Iranian companies and investors to Iraq with their Iraqi counterparts, in addition to providing an explanation of the most prominent priorities of the strategy of the investment process in Iraq, which is based on fundamental factors based on moving towards infrastructure projects mainly due to the damage it has suffered in addition to the residential and educational projects that have a direct impact on peoples life, as well as the governorate development projects, starting from the service of the Iraqi economy first.
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Referring to the most prominent economic sectors that can be activated with the Iranian side in light of the privileges granted by the amended Iraqi Investment Law No. (13) for the year 2006, and the great flow that the law guarantees in the entry and exit of foreign capital to Iraq without any restrictions.
Iranian Assistant Foreign Minister affirmed that we are here today to discover and work on all available areas for investment, based on the great economic potential of the Islamic Republic and the social commonalities between the two peoples, reviewing a number of vital economic sectors that can be activated in Iraq in the sectors (electricity, pharmaceutical industries, food, etc.).
The meeting was attended by the Iranian Foreign Minister’s advisor, Gholam Reza Ansari, the Ambassador of the Islamic Republic of Iran to Iraq, Iraj Masjedi, Directors Generals of the Legal and One Stop Shop Departments and the NIC’s advisors.
Turning to the Electronic government
NIC Chairwoman, Suha Dawood Najar, pleasantly announced the launching of the electronic gate for receiving investment applications through the NIC official website (www.investpromo.gov.iq) starting from Wednesday 21.04.2021.
The gate shall provide investors with a number of privileges after creating their own accounts, the privileges shall include the ability to apply and disclose all required documents electronically and following the applications status up to find out if they were approved, denied or still under study.
Najar also added that this direction had been developed to minimize bureaucratic measures and to lower the possibility of delay or blackmailing in a way that contribute to creating attractive investment environment.
NIC Chairwoman, Suha Dawood Najar, receives the Ambassador of Turkey to Baghdad on Sunday Feb. 07.21 and discusses means of potential cooperation between the two countries with over viewing a number of available investment opportunities in various sectors of mutual interest.
NIC Chairwoman, Suha Dawood Najar, receives the Abassador of Jordan to Baghdad and the accompanying deputation on Thursday Fe.04.21 at the NIC premises and discusses developing economic relations between the two countries .
Responding to the Prime Minister’s directives
NIC presides the first meeting to establish the National Company for Real Estate development
The first meeting of the Committee in charge of establishing the National Company for Real Estate development was held at the NIC premises, presided by Suha Dawood Najar, Head of NIC, on Monday 01.02.21 and attended by the prime minister’s advisors (Dr. Sabah abdul latif,
Dr. Ibrahim al- Zubaidi, the Technical Manager of Baghdad Municipality, Head of State properties department and the head of the Industrial bank)
NIC Chairwoman assured during the meeting that this committee shall work on laying down the studies of establishing the company and the legal and financial steps required to set out, referring that the company shall be categorized as a mixed sector one distributed as 50% for the public sector, 25% for the private sector and the remaining 25% shall be sold as shares for Iraqi citizens.
Najar expressed that the final goal out of establishing this company is to develop the real estate sector all over Iraq in addition to solve the housing crisis through starting housing projects according to developed visions and modern doctrines that depend on cooperation between the public and the private sectors, referring that this step comes within a series of others that shall be taken by Iraqi government to achieve sustainable development.
NIC Chairwoman , Suha dawood Najar, meets on Monday 01.02.21 with the Minister of labor and Social Affairs, Mr. Adel Al- Rekabi and discusses with him a number of issues regarding investment between the two sides.
First meetings of the committee, that had been formed according to the directives of the Prime Minister on the 19th of Nov.20 headed by Dr. Hasan Mohammed Abas al- Timimi, Minister of Health and includes in its membership NIC Chairwoman, Suha Dawood Najar, was held on Monday 25.01.2021 at the Ministry of Health premises.
The Committee is in charge of preparing a mechanism to run and operate the new hospitals in Baghdad and other provinces with specifying its affiliation and funding sides.
During the meeting, the committee laid down the essential points to start work and define the nature of tasks required from each member in addition to studying the plan needed to be put after drawing its main lines to run these hospitals taking into consideration the funding side and other issues needed for the work of the committee
NIC Chairwoman, Suha Dawood Najar, receives in her office on Monday 25.01.21 the Ambassador of Germany to Baghdad and discusses with him possible means of cooperation between the two countries and presents a number of available investment opportunities in various sectors of joint interest.