NIC Chair Woman meets her Egyptian Counterpart

For the purpose of activating the investment cooperation between the two countries

NIC Chair Woman meets her Egyptian Counterpart

NIC Chair Woman, Suha Dawood Najar meets the executive head of the General Invetsment and free zones Commission in Egypt Mr. Muhammed Abdul Wahab and discusses means of economic and investment cooperation between the two countries and the work to promote joint projects in various fields like infrastructure, electricity, housing and construction, agriculture and industry.

Mr. Abdul Wahab in his turn stressed the importance of the joint cooperation between the two commissions and reviewing the investment opportunities in the Iraqi provinces to announce them to the Egyptian investors interested to implement projects in Iraq appreciating the visit of the Iraqi delegation.

NIC Chairman assures : we shall reinforce the role of the OSSs in Baghdad and Provinces

During her meeting with the heads of PICs

NIC Chairman assures : we shall reinforce the role of the OSSs in Baghdad and Provinces

NIC Chairman, Suha Dawood Najar, assured that one of the most important sides in the resilience of the investment process in Iraq is connected to reinforcing the role of the One Stop Shop in NIC and provincial investment commissions beside the active technical and economic administration.

She also stressed, during her meeting with the heads of the PICs on Saturday Nov.11th. 20, the necessity of the fruitful coordination between NIC and PICs in order to push the investment process wheel forward in the way that fits the country economy needs through preparing complete investment map that competes with its counterparts in the region and meets the need of the ministries and provinces for the projects according to the market and economic requirements.

NIC Chairman listened to a number of the notes regarding the investment law no. 13 for the year 2006 and the possibility of modifying some of its provisions in the way that serve the ascending need to gear up with this active field and make it economically lucrative.

Heads of PICs presented during the meeting detailed explanations for the projects in their provinces and the problems related to each one of these projects and their suggestions to overcome some of the obstacles that hinder the work of investors in Iraq.

NIC Chairwoman assures…Our Experience and connections shall be submitted to serve the vital projects  

During her meeting with the Minister of Transport

NIC Chairwoman assures…Our Experience and connections shall be submitted to serve the vital projects  

NIC Chairwoman, Suha Dawood Najar, assured that the full NIC capacities of international economic relations and consultation experience in technical, financial and adminstrial fields shall be submitted to serve the vital projects in any part of Iraq.

During her meeting with H.E Minister of Transport, Captain Nasir Hussein Al- Shibly, she discussed the most prominent projects in the Ministry represented by the Faw Grand Port and the huge financial revenues it holds for Iraq through its capacity to accelerate the transportation of oil and goods and the chance it presents to diversify ways of import and export and hyper activate the transport sector, assuring the NIC’s full readiness to manage the investment sides in the project through creating the competition opportunities in more expanded way and investing the high capacities and relations owned by the World Bank to support this project which can give a spiritual support for the Iraqi citizen and ends the big debate raised about it recently.

Minister of Transport in his turn showed his vision for the possible means of cooperation with NIC in other important projects in the Ministry like the Monorail project which can provide around 10 thousand job opportunities in Baghdad announcing the possibility of its implementation by Anstl French Company in cooperation with Hyundai South Korean Company with approximate total cost of 1 Million Euro.

The Meeting was attended by a number of DGs from both sides.

NIC signs an MOU with the Greek Institution of Investment 

With the attendance of the foreign Ministers of the Two states o Greece and Iraq

NIC signs an MOU with the Greek Institution of Investment

NIC signed on Wednesday 14.10.20 two joint MOUs with the  Greek Institution of Investment in important economic feilds for the purpose of reinforcing cooperation between the two countries, encouraging investment projects and promoting these projects among companies individuals of both sides.

Head of the Iraqi Parliament receives the NIC Chairwoman

Head of the Iraqi Parliament Receives the NIC Chairwoman

Head of the Iraqi Parliament, Mr, Muhammed al- Halboosi, received on Monday, 12.10.2020 the NIC Chairwomanm Suha Dawood Najar.

The meeting included reviewing NIC’s plans and its investment policy for the coming period to attract successful investments and means of activating the investment sector by finding real investment projects and removing obstacles hindering investors.

Halboosi assured during the meeting that activating investment requires modifying valid laws, referring that the parliament is waiting for the suggested modifications to come from the government and assuring his entity full support to approve the modifications that can contribute to optimizing this vital sector which will reinforce the economy and create job opportunities.

He also discussed the necessity of activating investment in agricultural and industrial sectors, especially after the deterioration in oil prices, and the importance of supporting the Iraqi investor.