Announcement

NIC in coordination with the Ministry of Transport are pleased to announce the investment opportunity of developing the middle Euphrates area airport in (BOT) style and according to the provisions of the investment law No. 13 for the year 2006 as amended and its regulations:

1. The airport area is 45 km²
2.  The airport is to be constructed in three stages:

First stage (6) million passenger capacity

Second stage (12) million passenger capacity

Third stage (20) million passenger capacity

And according to the previously prepared designs by ADPI French Consultants

3. The investor is to adhere to constructing the airport according to the following stages:

First stage- within a period of 4 years maximum

a- Air field 4F- CAT III to be consisting of a runway of 4.5 km length, 60 m width or 75 m with the runway shoulders and all other accessories with an estimated cost of 270 million $.

b- Passengers’ building with a capacity of 6 million passenger annually and with an estimated cost of 950 million $.

c- Airport infrastructure with an estimated cost of 550 million $.

d- Buildings of (Fire extinguishing station, air cargo, administration buildings, rations building, checkpoints) with an estimated cost of 60 million $.

h- 64 m height control tower and its technical building with an estimated cost of 70 million $.

Second stage: the second passengers’ building of 9 million passenger annual capacity

Third stage: the third passengers’ building of 6 million passenger annual capacity and other runway parallel to the first runway with all its accessories and of the same specifications of the first air field.

4. The investor will undertake paying the engineering consultant fees (ADPI) which is 42 million $ in one payment immediately at signing the contract.

5. GOI will undertake implementing all infrastructures needed for the project

6. NIC, Ministry of Transport and local governments shall undertake submitting the needed facilities for the investor during the period of implementation and operation.

7. Ministry of transport with a technical consultant shall be supervising the implementation of the project to ensure good standards.

8. The airport must be run by a specialized company of long expertise in the field after being approved by the Ministry of Transport.

9. Ministry of Transport shall be supporting the operation of the airport by submitting all facilities regarding aircrafts movement.

10. NIC shall prepare the financial conditions that ensure the investor seriousness.

The financial and technical offers must be submitted either to the investment section in the Ministry of Transport or to the National Investment Commission within a period of 30 days from the date of publishing this announcement.

For any further information:

investment@motrans.gov.iq     deputyoffice@motrans.gov.iq

info@investpromo.gov.iq

Contact Air bridges

Equivalent to code E 12

Code C	4
Code E	8
Code F	2

 8 code E Remote

–         Cargo Capacity = 57,21 Ton

–         Aircraft Maintenance Area 76,000 m2

Investment opportunities – Ministry of Trade- State Co. for Food Staff Trading

No.	Project	Site	Land allocated	Province
1	Tea & food staff mixing and packaging plant (packaging, Dairy products, and poultry) plants with marketing center	4/156 , 121 Salam District	38 donum from a total area of 264 donum	Baghdad
2	Residential complex construction	3/5751/61 al- Jazeera district	2 donum	Kerbala
3	Commercial Center	8/141/ District 2	19 Olk	Diwania
4	Cool/ freezing warehouse construction with a capacity of no less than 200 ton (packaging, Dairy products, and poultry) plants with marketing center	25/2694/ District 5	50 donum	Diwania
5	The construction of warehousing and marketing complex with all annexes providing using part of the complex as warehouses and management building for the company branch	3/52045/ Al- Jazeera District 61	10 donum	Kerbala
6	Residential complex construction	163/334/ District 21	1 donum	Anbar

As it seeks to create a cadre developed a vision for attracting inward investment

National Investment Commission held a training course for drawing up the country’s image and reputation building for investors

Organized by the National Commission for Investment in Baghdad and in collaboration with the investment in the Middle East and North Africa, the Organization for Cooperation and Economic Development (OECD) and the U.S. embassy in Baghdad, a special training course on an image of the country and build a reputation for investors for the period from 24 – 25.06.2013 in the headquarters of the Commission in order to gain the course participants experience the process of designing and implementing strategies to build and manage the reputation of Iraq as a place and an important site for foreign investment.
Advisor to the Commission, Dr. Abdullah al-Bandar welcomed in a speech opening speech on behalf of the President of the National Investment Commission, Dr. Sami Raouf al-Araji, the participants in the session representing investment bodies in the provinces, as well as the National Investment Commission in the presence of a representative of the Office of the State Deputy Prime Minister Saleh al-Mutlaq, stressing The Authority has taken a new approach to building a cadre sophisticated and familiar with international experience to contribute to the reconstruction of Iraq and re-development.
He Bandar The OECD Economic (OECD) played a major role in the work on activating capacity building to attract foreign investments to the country and change the look Investor direction of Iraq from the country struggles to the country of encouraging investment, explaining that he has to take advantage of experiences provided by the organization through a series of meetings and seminars held since 2007 to work with the fact that Iraq is part of the Middle East countries.
Noting that this is the second session held by the organization in Iraq in cooperation with the U.S. Embassy in Baghdad, where participants received lectures on new methods to attract investments to the country through sound practices in influencing the decisions of investors for the site, in addition to a plan to build and manage the reputation of Iraq, with the necessity of activating the mechanisms of partnership with the private sector through a program (PPP).
For his part, Mr. Anders Johnson, Project Coordinator for Iraq in the Organization for Economic Cooperation and Development (OECD) in his speech expressed his pleasure the establishment of this session and previous sessions in Iraq after it was set up by the organization in the neighboring countries, praising the role of the National Investment Commission to create a cadre of well-developed has a clear vision about how to attract investment companies to Iraq and change their outlook as that Iraq has attractive destination for investment to a large extent, where enjoys market consumer strong and prosperous, as well as availability of raw materials and manpower, in addition to helping to improve the reputation of Iraq and make it among the countries most attractive for investment and thus diversity imports and contribute to building the country.

Wasit Investment Commission announced on Monday, opening licenses to more than 180 investment opportunities in the province, including agriculture, industry, health, housing and tourism sectors.
Chairman of Wasit investment Commission Sadiq Howeidi said “The commission has provided between 180 to 200 investment opportunities distributed among various sectors of agricultural, industrial, health, housing, tourism and others,” calling those who wish to invest to address to the commission to obtain the required permits.
Howeidi added that “the commission is in the process of granting licenses for investment in various sectors, but they are still at the stage of legal and technical procedures” pointing out that “next year will witness granting a number of investment licenses to local and foreign investors.”
Wasit investment Commission granted three licenses during the past two months, one in the industrial sector was granted to a UAE company to establish a factory for secondary ceilings, in addition to two licenses in the health sector were being awarded to Iraqi investors for the establishment of two hospitals in the city of Kut, the cost of the first one is six billion and 500 million dinars, and the cost of the second is six million dollars, implementation period was determined to be between 18-22 months
There are 10 investment projects in the province of Wasit covering the sectors of housing, industry, health, refrigeration and air conditioning, the animal production sector. Total investment is of 120 million dinars.
Wasit Investment Commission was founded in October 2007, it is the first commission to be formed in the provinces after Kurdistan Region. It hosted more than one local investment Conference as well as a conference of all provinces and participated in many foreign economic forums.

Aiming at finding successful solutions for Electricity problems in Iraq
NIC Participates in the Conference of the Central Plan of the Ministry of Electricity Held in Istanbul

NIC participated in the works of the conference of the central plan of the Ministry of Electricity through a high level delegation headed by NIC Vice Chairman, Mr. Salar Muhammad Ameen, the conference which was prepared by the Ministry of Electricity in cooperation with Parsons Co. was attended by the Deputy Prime Minister, Mr. Hussein Al- Shahrestani and a big number of companies and figures specialized in energy sector.
Dr. Shahristani referred in his speech to the most important projects being achieved and the Ministry’s plan to rehabilitate the available stations and the importance of solving the electricity problem through investment noting that work to connect Iraq with the regional power grid had started referring to the plan suggested to transfer the Gulf countries excess capacity to European countries through Iraqi Grid.
The Deputy Prime Minister added that Iraq is keen to open doors for investors to build new power stations referring to the new investment opportunity announced to build four power stations to be closed at the end of February.
On the same context, NIC Vice Chairman stressed the commission’s readiness to submit all support, facilities and guaranties mentioned in investment law No. 13 for the year 2006 and its amendments presenting the most important privileges and incentives guaranteed by the law.
Mr. Ameen also referred to the active role of the NIC within the committee in charge of supervising investment activities in the Ministry of electricity saying that the National Investment Commission is giving special attention to investment in energy sector as it forms the fundamental base to develop the Iraqi economic base.
The participating investors showed their willingness to enter the Iraqi market through investing in electricity since it represents a promising sector. Opinions and suggestions were exchanged between the commission’s delegation and the participating companies about ways of developing the vital sector and ending the energy problem in Iraq.

NIC Participates in the Meeting Held by the Ministry of Transport to Discuss Designs submitted to build Iraq Grand Port in Basra

NIC participated in the meeting held in the Ministry of Transport to discuss designs submitted to build Iraq Grand Port in Basra by the Italian company. The meeting was headed by the Minister of Transport Mr. Hadi Al- Amiry and attended by the ministry deputy ministers, a number of the Parliament members on behalf of Basra governorate, the Marine leader assistant, Ministries representatives and experts from the Ministry of Planning.
NIC representative Mr. Abdulla Al- Bander said that the meeting had elaborately discussed the designs submitted by the Italian company to build Iraq Grand Port which shall be considered as the twelfth globally and the first in the Middle East.
He added that the port site, its capacities and economic merits which will benefit Iraq, Turkey, Syria and Jordan through the dry channel was also discussed during the meeting, Mr. Bander assured that NIC in conjunction with the Ministry of Planning will invite the biggest global specialized companies to participate in implementing this huge project referring that the project will be implemented over two stages within 4 years proposed.
Abdullah al- Bander also referred that the project will save costs and time through the dry channel which transport goods to Turkey, Syria, Jordan and the GCC countries in addition to the merits Iraq will gain by providing job opportunities regardless of the huge revenues which will contribute to supporting the general budget beside the oil revenues.

For the Purpose of Establishing Investment Projects that Serves Basra province
Basra Investment Commission continues its Efforts to obtain some Tracts of Lands to be announced as Investment Opportunities

Basra Investment Commission held a meeting to discuss obtaining the required approvals and ways to obtain the largest tracts of lands that belong to the General Directorate for the State Owned properties in order to be announced as investment opportunities.
Haidar Ali, Chairman of Basra Investment Commission said that it was agreed during the meeting to announce some lands as investment opportunities for industrial sector in some of Basra’s areas like (the North Orcaly, Al- Sabach lands, Talha, Khor Al- Zubair) in addition to the empty tracts of the real estate adjacent to the duty free area in Khor Al- Zubair , Mr. Ali also added that Basra Investment Commission had formed a joint team of the General Directorate for State Owned properties in Basra and specialized engineering staff and surveyors in order to make the field survey on the lands allocated and getting assured of its being ready to embrace the industrial projects.
The meeting was also attended by the DG of the General Directorate for State Properties in Basra, Mr. Mazin Hasan Karboon and his assistant Ms. Layla Hameed Madhloom. It is also worth to mention that Basra Investment commission had previously held intensive meetings with the Minister of Municipalities and Public works and the Minister of Planning and the Minister of Finance in addition to a number of other Ministries and other concerned sides in order to establish the investment projects, develop the governorate’s economy and obtain the required approvals so as to grant all facilities important to attract foreign companies to invest in Basra.