Karbala Monorail

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Karbala Monorail

General Technical Conditions
Project Name: Karbala Monorail
General Specifications:
Concrete monorail train ‘that goes 6 meters above the medium sideway.
Length of the preliminary line
Length of the operating lines 15 KM
The second and third phases to be agreed upon later .
The first phase line length shall cover ( the visitors city / Baghdad road, Baghdad Gate street, Baghdad gate for the two holy shrines, Al- Hussain Bridge, Twereege Gate street, Hor Al- Seeb train station, the new Janoob garage, KarbalaUniversity, Al-Ibrahemia)
Stations:- between (10-15)
The normal station sideway length is 70 Meter with escalators and lifts for the disabled on the two sides of the station.
Main stations of the start and end and other substations.
Maximum speed:- (80-90) KM/ H
Curves does not exceed 60 meters radius
The capacity of each trailer of the train is not less than (300 passenger)
The successive coming of the trains to the station must take (1,5-2 M) in the two directions
The train must manage dealing with the current city bridges and to develop the designs of the future bridges to suit the flow path of the train line
The line can be developed later to cover other area like Al- Hur and other important areas with 15 KM length.
The project shall guarantee transporting visitors during the big processions with transport capacity that reaches 500000 passenger/day in the two directions.

The National Investment Commission Holds the Iraqi – Iranian business and investment Forum

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Under the patronage of Prime Minister Mr. Nouri Al-Maliki
And
Aiming at attracting investments in to Iraq
The National Investment Commission Holds the Iraqi – Iranian business and investment Forum

Under the patronage of Prime Minister Mr. Nouri Al-Maliki, NIC held the Iraqi – Iranian business and investment Forum for the period of 6 – 07/07/2011 in the presence of more than (170) company and a businessman specialists from the Iranian side and more than two hundred and fifty companies and businessmen from the Iraqi side.
The Prime Minister Mr. Nouri Kamel al-Maliki in his speech during the Forum said that the convening of this meeting is a clear message announces the beginning of a new phase of bilateral equal and integrated relations between the two countries, particularly that Iraq and the Islamic Republic of Iran have the economic, public, scientific and historical weight which makes them responsible of supporting the process of stability and security in the region.
Al- Maliki called the two conferring sides to accelerate seizing opportunities for cooperation that can be set up for this meeting, pointing out that the investment environment in Iraq has become appropriate through the issuance of legislations and laws that guarantee the investor and corporate work safety and success and legal profit, while continuing providing the legal and legislative measures amendments to ensure reconstruction process and the entry of companies.

For his part, Dr. Sami al-Araji, Chairman of the National Investment Commission announced in his opening speech (11) economic hub for joint cooperation between the two countries and in different sectors are divided into (electricity, housing, industry, tourism .. etc.), stressing that this forum will be the beginning of the distinct and significant relationship between the two countries at both the private and investment partnerships.
He explained that the Commission has provided the options available to forms of investment for companies in Iraq and Iranian businessmen and with the participation of the private sector or with the public sector or direct investment or cooperation on the basis of materials supply.
He also declared that the next few years will witness different investment partnerships between Iraq and the specialized companies in Iran, calling at the same time to exploit those opportunities to build up serious partnerships in all sectors.
To the expectation of the President of the supreme body for the development of economic relations between Iran and Iraq Hassan Kazemi Qomi, the total volume of trade exchange between the two countries during the present yea to 20 billion dollars after reaching $ 6 billion last year, stressing that this increase is the result of the development of relations between the two countries, particularly the economic relations.

Qomi expressed his country’s readiness to support and encourage the Iranian private sector to enter the Iraqi market and the creation of investment partnerships with the Iraqi counterpart in various economic sectors, including construction of plants for electric power generation of 5000 MW capacity and the construction of housing units and rehabilitate and develop institutions of the industrial, oil, and agriculture sector.
The head of the Federation of Iraqi Chambers of Commerce, Mr. Jaafar al-Hamdani, had confirmed in his speech that this forum is a great opportunity for Iraqi companies to enter into agreements with their Iranian counterpart and to create conditions conducive to their advancement to be strategic partnerships, especially since the Iranian companies were able to accomplish many projects at the level of the Islamic Republic and regional states and internationally.
As the president of National Business Council of Iraq, Mr. Ibrahim Al-Baghdadi to establishing joint Iraqi – Iranian Council to take over the support and care of the private sector and investment in both countries, similar to the rest of the joint councils with friendly countries, emphasizing the desire of the Council, which includes a group of businessmen in Iraq, in cooperation with Iranian companies in different investment forms and in all economic sectors, whether on the basis of long-term cooperation or any other type of partnerships.
The first day and second of the Forum witnessed organizing workshops that represented (11) economic hubs which focused on important sectors of common interest between the two sides, these workshops were held with representatives from the private and public sectors in both countries for each sector.
The Forum was ended in the second day with announcing the final statement which confirmed that there are several memorandums of understanding had been agreed upon between the two sides and in different sectors and there will be a review and assessment of these notes and evaluation will be from the date of completion of this Forum in two phases after the first three months and the second end of the this year and so the two sides will evaluate the memorandums that shall be implemented and those are in progress or which have not been implemented to determine the reasons and obstacles that have prevented the implementation.
The statement added that it is hoped that an investment conference will be held in the capital Tehran, Islamic Republic of Iran during the month of April or May of next year, which will be complementary to the recommendations and accomplishments this current forum.

NIC The Resumption of the Austrian flights Reinforces Investment Cooperation with Europe

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After the resumption of the Austrian Airlines Flights to Iraq

NIC The Resumption of the Austrian flights Reinforces Investment Cooperation with Europe

NIC assured that the resumption of flights from the European countries is considered as a very important step in the path of reinforcing investment cooperation between Iraq and Europe since this will contribute a lot to facilitating investors and businessmen access to the country.
This assurance was on the occasion of the landing of the first Austrian Civilian plane in Baghdad International Airport on the 8th of June. 2011 after a break for the Austrian Airlines that went for more than 20 years, an NIC official source said that European countries have big investment companies of different specializations and that Iraq is in need for the expertise of these companies to participate in the investment process Iraq is currently witnessing, assuring that opening a direct airline between Iraq and Europe (Baghdad- Vienna) represents a turning point for more comers in addition to removing many of the obstacles facing investors and sparing time, effort and money.
The Austrian Airlines in its turn announced through its website that three flights will be organized weekly to fly to Baghdad on the board of the Airbus (A320)
In the other hand, Mr. Hussien Masaood, president of the Holding Company of Egypt Air, announced from Cairo that the company had decided to resume its flights to Iraq after 21 years of stoppage starting from the date of 16. Jul.2011 by seven flights a week four to Baghdad and three to Erbil, clarifying that this decision had come to deepen the distinguished relations between Iraq and Egypt and to open new channels for economic and investment cooperation between the two countries.

Investment Opportunities in Shopping Centers

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Announcement
Investment Opportunities in Shopping Centers

According to the investment conference held with the attention of respectable Minister of Trade and referring to the discussion of the investment opportunities held at 1L6L2011.
The State Company for Shopping Centers / Ministry of Trade is pleased to invite national, Arab and foreign companies specialized in the design, construction and management of modern malls to indicate their interest in investment for the estate lands mentioned in the table shown below:
No.
The Location and Type of the estates
Details & Description
1-
Al- Amel Shopping Center which is situated at !- Karkh in Baghdad Governorate
It is an empty piece of land of total area of 9 Dunam, 22 Ulke , fenced and situated in Al- Amel city
2-
Al- Thulatha Shopping Center wich is situated at al- Rusafa in Baghdad Governorate
Total area of 13 Dunam, 15 Ulke and 92 M²
3-
Al- Mustansyria Shopping Center which is situated in Baghdad Governorate,
(Damage percentage: 100%)
Total area of 14 Dunam, 4 Ulke and 44, 72 M².
The building is consisted of 4 floors with a crypt.
4-
Al- Salihia Shopping Center which is situated in Baghdad
(Damage percentage: 40%)
Total area of 4 Dunam, 9 Ulke and 55, 10 M².

5-
Al- Shaab Shopping Center which is situated at Al- Rusafa in Baghdad.
(Damage percentage: 50%)
Total area of 10 Dunam, 15 Ulke and 65 M².
The building is consisted of 4 floors with a crypt.
6-
Al- Adel Shopping Center which is situated at Al- Adel city in Baghdad
(Damage percentage: 40%)
Total area of 9 Dunam and 11, 5 M².
The building is consisted of 4 floors.
7-
The Duty Free Shopping Center which is situated at Al- Rusafa in Baghdad
(Damage percentage: 50%)

Total area of 4 Dunam, 6 Ulke and 25 M².
The building is consisted of 4 floors with a crypt.
8-
Um Al- Broom square at Basrah Governorate – Al- Ashar
Total area of 3 Dunam, 18 Ulke and 54 M².

9-
A piece of land that is situated at Babylon Governorate
Total area of 3 Dunam, 12 Ulke and 50 M².

– The offers of investment for the above shopping center must comply with Iraqi investment law No. 13/2006 as amended and the state companies law No. 22/1997 as amended and the companies have to present illustrated, complete offer according to the following terms and conditions:-
1- To present technical offer clarifying the construction, diagram, sketches and site plan for the dimension of the exploited area from the land and also to present the diagram of the architectural frontage and details of available spaces for the projects floor.
2- To present a commercial offer covering the total cost of the project and the expected financial revenues and percentage specified for the ministry.
3- To specify the number of employees the investor will keep of the original number working in the shopping center.
4- The companies must present a separate design for each site (shopping center) or one of them as well as the assistant additional attachments like restaurants, entertainment centers, conference halls, parks and garages based on the designated areas above.
5- The companies must present a record of similar works and to have high experience in achievement of such (malls, which has been designed, constructed, managed or owned) by them confirmable by authenticated official letters issued by specialized institution.
– Also to present a confirmable bank document proving their financial ability issued from an international first class bank or from a local bank accredited by Iraqi Central bank.
6- To present schedule for the execution of the investment plan proposed by the company and to specify the period of the investment in their commercial offer.
7- The companies must present their offers within a period not exceed the end of the official work time of Monday, 1.Aug.2011.
For more information, please contact the web site of Ministry of Trade / State Company of Shopping Centers as mentioned below…with our best regards.

NIC Chairman Discusses Means of Cooperation between Iraq & UK

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At his Meeting with Member of the British House for Commons, Nadhum Al- Zahawi
NIC Chairman Discusses Means of Cooperation between Iraq & UK

NIC Chairman, Dr. Sami Al- Araji discussed means of cooperation between Iraq and UK and the possibilities to benefit from the experiences of British capitals and companies and attract them to invest in Iraq.
That was during his meeting with Mr. Nadhum Al- Zahawi the member of the British House of Commons, the British of Iraqi origin. Dr. Sami assured that being Mr. Zahawi an important member of the economic committee in the British Parliament the matter that made his high profile business connections very wide will contribute to supporting the investment process in Iraq through giving the required guaranties for international banks to enter Iraq.
Mr. Zahawi in his turn said that the confidence in Iraqi economy is an important issue for the international companies, that’s why Iraq should adopt a reliable program in this regard, assuring that his negotiations during the last two days with concerned sides in Iraq will help him to come up with a clear business plan for the economic cooperation between the two countries and the role of businessmen of both sides.
Regarding the project of the One Million housing Unit, one hundred thousand units of which had been rewarded to Hanwah Korean Company to be built in Baghdad out of Baghdad’s 224 thousand units quota of the whole project, NIC Chairman assured that the next few weeks shall witness extensive discussions regarding the technical, economic and legal details of the project and requirements for implementation within the specified time, he also added that an experienced Korean technical delegation will arrive Baghdad soon to start the surveying works in the 8000 Dunam land where the project will be implemented.
Meanwhile, NIC Chairman assured that the commission will start distributing application forms for Iraqi people willing to obtain housing units of the areas specified as (100, 120, 140 M²) which will be sold according to two manners, the first is represented by paying the whole money in cash while the second manner is represented by paying by installments according to details to be discussed later.

NIC Participates in the Works of the Investment conference for Iraqi Shopping Centers and Fairs

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Aiming at Establishing Internationally competing Shopping Centers
NIC Participates in the Works of the Investment conference for Iraqi Shopping Centers and Fairs

Ministry of Trade in cooperation with NIC held the first investment conference to announce investment in Iraqi shopping centers and fairs within its investment plan for 2011 according to investment law No. 13 for 2006.
Minister of Trade, Dr. Kherallah Hasan Babker and in his speech during the conference, he assured that investment is considered one of the most important factors that can revive economy adding that the Ministry was keen to open doors for investments and attract capitals with planning a policy for economic reform aiming at following the market policy and achieve the goal of partnering with the private sector and support investment in the fairs and shopping centers.
NIC Vice Chairman, Mr. Salar Muhammed Ameen in his turn and through his speech in the conference, called for specialized Iraqi, Arab and Foreign companies to invest in Iraqi shopping centers and fairs and change them into internationally styled ones.
He also added that NIC is always working to create various investment opportunities in different sectors through applying provisions of Investment law No. 13 for 2006 and its amendments which guarantee all facilities and incentives for investors.
Deputy Minister of Trade, Ms. Suwaiba Zangana submitted a detailed presentation of the investment opportunities announced which included several shopping centers in addition to Baghdad International Fair building where the Ministry wish to build new modern exhibition centers, five stars hotels and shopping malls to be constructed according to modern international specifications.
Ms. Suwaiba clarified that the Ministry will allow investors to present their offers within two months from the date of announcing these opportunities in order to submit their commercial and technical offers and the Ministry in turn will select the best offers according to negotiations and contracting mechanisms and restrictions adopted.

Tender 1.2011 Closing Date Postponement

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NIC is announcing postponing the closing date for the Tender numbered ((1/2011)) that includes ((Constructing the NIC complex)) in to 2:00 pm of Sunday 26.Jun.2011 instead of 14.Jun.2011 and the winner shall bear the cost of publication and announcement.

NIC Increases Efforts to Facilitate Work of Investment Companies in Iraq

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By cooperating with the Sectoral Sides in the Iraqi Ministries
NIC Increases Efforts to Facilitate Work of Investment Companies in Iraq

NIC assured increasing efforts to provide all requirements needed for the success of investment companies that are granted investment licenses to implement a number of projects in Baghdad and other provinces, by cooperating with the concerned sides in the Iraqi Ministries and embarking on the reasons behind delaying the work of these companies and finding the right solutions for solving problems.
An NIC reliable source said that the commission is following up with the sectoral sides in the concerned ministries to obtain their opinions regarding the investment projects presented to them and which had not been approved yet to be started, periodic meetings are always held with the Ministries representatives urging them to give priority in granting approvals to the investment projects sent to them by NIC and other provincial investment commissions especially that these projects are linked to providing general services for Iraqi people and contributing to decreasing the unemployment rate in Iraq.
The NIC source also added that the commission is continuing the cooperation with Baghdad Mayoralty and provincial municipalities in order to resolve the investment projects designs submitted by investors in addition to following up land allocation issue with the concerned sides so as to get investors ready to implement their projects.
The One Stop Shop Directorate within NIC is working hard to provide the best services to investors and facilitate the procedures of granting the investment licenses through following up the licenses requirements with the NIC departments and concerned ministries without having to follow things up by investors themselves in order to minimize red tape and shorten the time needed to grant the license in addition to finalizing all procedures in one single easy accessed place with answering all enquiries regarding investment in Iraq and providing important pre investment information like (Market data, incentives, local partners) and post investment services like facilitating the process of importing equipments and raw materials needed for the project.

NIC Continues Cooperation with the Ministries of Health and Industry to Rehabilitate a Number of their Companies through Investment

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Aiming at Reinforcing cooperation with Ministries in Investment Field
NIC Continues Cooperation with the Ministries of Health and Industry to
Rehabilitate a Number of their Companies through Investment

NIC assured continuing cooperation and coordination with the Ministries aiming at defining investment opportunities in all ministries in order to be listed within Iraq Investment Map which NIC is keen to complete its updating soon in coordination with the concerned sides.
An NIC reliable source said that the Ministry of Industry & Minerals is one of the ministries that are seeking to rehabilitate their companies through investment aiming at reactivating the Iraqi industrial sector, MIM presented some of investment files for some of its companies some of which had already been rewarded for investors when NIC role was represented by attracting international companies and presenting the available investment opportunities with ensuring direct meetings between the two sides as a prelude to creating economic partnerships.
The NIC source also added that the commission is coordinating with MIM to present another set of investment files of the ministry companies within the updated investment map for Iraq, benefiting from the law of the General Economic Reform which had been approved by the Council of Ministers in the beginning of this year which will regulate the process of entering foreign investors in strategic partnerships with the public sector to rehabilitate the state enterprises clarifying that the industrial companies which are to be listed within the investment map as new investment opportunities will represent several sectors like (Chemical and Petrochemical, Constructional, Textile, Food and Medicine).
In regards of cooperation with the ministry of Health, the source said that NIC had formed a joint committee with the Ministry of Health to discuss investment opportunities in this sector and the possibility of implementing investment projects by well known international companies adding that the committee directed the provincial investment commissions to provide NIC with the available investment opportunities in the health sector in order to be classified according to each province need with preparing the legal frameworks for partnerships between the Ministry of Health and investor in the state companies announced for investment.
Ministry of Health also seeks to implement a number of new investment projects in Baghdad and provinces represented by constructing specialized general hospitals, pharmaceutical factories, multipurpose laboratories and developed diagnosis centers.

NIC Chairman Announces the Establishment of the Iraqi- Czech Joint Business Council

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Under the Patronage of H.E Prime Minister Nuri Al- Maliki
NIC Chairman Announces the Establishment of the Iraqi- Czech Joint Business Council

H.E Prime Minister Nuri Al- Maliki assured the serious desire of the Government of Iraq to reinforce means of cooperation with the Czech Republic on all levels considering this visit as a qualitative change in bilateral relations that can open cooperation gates in many fields to be reinforced by a high level Iraqi delegation visit to Czech republic.
This came during the works of the Iraqi- Czech Business and Investment Forum held in Baghdad during the period 23-24. May.2011 when the Iraqi Prime Minister assured that the government of Iraq is working hard to create attracting investment environment that is special in the region through preparing all security, legislative and logistic arrangements.
The Czech Prime Minister in his turn assured his country’s readiness to provide technical experiences required in all economic fields especially with the distinguished position Czech Republic is occupying now within the European Union and the world.
The Czech Prime Minister also stressed the readiness of the Czech companies to enter the Iraqi market with the most updated technologies that can solve a number of problems that are facing the Iraqi economy after having an agreement between the two sides, he also added that Iraq and Czech had passed through the same path for freedom and democracy, the matter that will widely open the doors between the two countries with the support of the two governments.
NIC Chairman, Dr. Sami Al- Araji announced the establishment of the Iraqi- Czech Business council on the sidelines of the discussions made during the enlarged meeting between the Iraqi and Czech businessmen aiming at fostering the economic relations between the two countries in a way that serves concluding economic partnerships.
NIC Chairman presented during the forum the available investment opportunities in Iraq in ten economic sectors (Oil & Gas, Industry, Agriculture, Housing, Telecommunications, Education, Health, Electricity, Transport and Tourism), he also explained the investment formats adopted in Iraq which includes direct investment according to investment law No. 13 of the year 2006 and its amendments or the partnerships between Czech companies and businessmen on one side and Iraqi public and private sectors on the other side in addition to the partnership between the Iraqi and Czech private sectors to participate in the economic reform process of the public companies.
NIC Chairman also said that Iraq is trying to follow the Czech Republic experience in transferring to the market economy as Iraq is experiencing today a big experiment in this direction through issuing laws, instructions and statutes in order to transfer from the authoritarian economy into the market economy within a specified period of time.
On the sidelines of the forum, a series of economic meetings between businessmen from both sides were held while the major event was attended by the Czech Minister of Industry and Trade.