PM M. Al-Sudani meets senior staff while visiting NIC and confirms …

• Investment is a part of the governmental priority program and the development plan.
• Investment is a vital tool to solve several issues if plans and vision are doable.
• NIC is in charge of protecting investors, improving investment environment and attracting successful investments to Iraq.
• Handling the chronic housing issue is going to be fair to both of investors and the government. We are not going to lose more of distinctive lands
• E- work shall improve NIC performance and procedures to go in line with the government plan
• Investing in provinces has to be diversified and consistent with their needs, resources, population, education and poverty indicators and far from being random.
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Prime Minister, Eng. Muhammad Shia’a Al-Sudani, stressed the importance of the state and the concerned economic institutions having an accurate and detailed vision of the priorities that must be taken into account, based on the country’s circumstances and the requirements of its people for services that can be provided with the available resources and potentials in each sector.

He also indicated that this vision should not be isolated from the plan and effort of the state, but rather reinforcement to its strategy, which is supposed to be real and tangible by the citizen in all aspects of life.

He added, while chairing a meeting at the headquarters of the National Investment Commission today, Monday 13/2/2023, attended by Dr. Haider Muhammad Makiya, Chairman of NIC, Dr. Abdul Karim Al-Faisal, Chairman of the Council of Advisors, and Dr. Abdul Hussein Al-Anbaki, Economic Adviser to the Prime Minister and NIC General Directors, that our visit today shows our great support for this vital institution, which we plan to raise its perform to the level of the tasks entrusted to it in changing people’s impressions and mood and the public opinion. This will not be achieved without efforts of concerned ministries and sectoral institutions in granting the investment license.

Nor will it be achieved unless NIC works to identify serious investors and provide them with the necessary protection apart from dealers and brokers who shall not add any value to this vital issue.

Chairman of the National Investment Commission, Dr. Haider Muhammad Makiya, presented at the beginning of the meeting a detailed explanation of a number of projects that the Commission is working on maturing in preparation for launching them in various investment forms.

He touched on a number of laws and regulations concerned with investment and the possibility of benefiting from some of their paragraphs in providing services for a number of projects

The Prime Minister listened to a number of notes and proposals in support of the work from General Directors in the legal, administrative and public relations departments.

The Prime Minister directed forming a specialized supporting team to NIC linked to him in order to speed up submitting proposals and contributing to developing this vital sector by finding solutions to a number of problems.