“Announcement of Investment Opportunity No. (1) for the year 2024.”
To create an investment project for a (horizontal and vertical residential complex).
According to the Investment Law No. (13) of 2006 and its amendments, regulations, and related instructions, as well as the Council of Ministers’ decision numbered (245) of 2019 amended by the Council of Ministers’ decision numbered (23374) of 2023, The National Investment Authority, in collaboration with the Military Industries Authority, announces an investment opportunity to establish a residential project (horizontal and vertical complex) on plot number (1/6/m 28) in the Tajiya district. The plot area is (266) dunams and is owned by the former Al-Karama Company (currently the Al-Karama factory). The announcement period is 30 days from the date of (15/1/2024).
Investment companies and investors interested in applying for this opportunity should submit their applications to the National Investment Commission headquarters located in Baghdad’s Green Zone, adjacent to the Turkish Embassy. They are required to buy the investment portfolio for a fee of 1,000,000 Iraqi dinars.
If you have any questions, please contact us by phone at 07721111541 or by email at oss@nici.gov.iq.
Legal requirements should be submitted in a sealed envelope by Tuesday, February 13th, 2024 at 1:00 PM. The submission must include an economic feasibility study in Iraqi dinars, approved by an accredited consulting office and the headquarters of the accounting union. A timeline for completing the project. Please provide the original text in Latin script so that I can accurately translate it for you. “The financing plan for the project is linked to the guarantee of an authorized financial institution.”
Documents required are the original company establishment certificate with certified company papers as well as the investor’s documents. Additionally, any executed company documents should be submitted if available.
Please provide the text in a language that I can understand and rewrite.
“The designs presented should contribute to the development of the area and keep up with the cultural progress.”
“The requirements of the beneficiary party are essential and governing in analyzing investment offers.”

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