Chairman of the National Investment Authority chairs the regular meeting of the Board of Directors of the National Investment Authority and discusses a number of files related to the work of the Authority
The Chairman of the National Investment Commission, Dr. Haider Mohammed Makkiya, chaired the regular meeting of the Board of Directors of the Commission today, Thursday 22 August 2024, to discuss a number of important files related to the investment process on the agenda and take the necessary decisions regarding them.
At the beginning of the meeting, KDIPA Chairman said that the Authority is actively following up on the performance evaluation of investment companies.
taking into account the changes that occur in the investment process and removing obstacles for investors to ensure the implementation of projects according to the specified timelines.
He stressed the importance of continuing to improve the investment environment and provide the necessary support to investors to ensure the success of their projects to achieve sustainable economic development.
During the meeting, which was attended by Mr. Salar Mohammed Amin, the Director General of the Legal Department and members of the Board representing the public and private sectors, they discussed the controls of amending the investment permits granted by the Authority and the investment authorities in the governorates related to the extension of the investment period.
The report of the visit to the Syrian Arab Republic and the Lebanese Republic regarding the laying of the optical cable within the path of the oil pipeline passing through the Syrian-Lebanese territory.
The strategic projects granted investment licenses, including (Al-Jawahiri City, Al-Ghazlani City
Al-Ghazlani city.
Karbala Banks City.
The project to generate electricity from solar energy.
Baghdad Sustainable Forests Project.
Waste treatment and power generation project).
The Board also studied the Authority’s achievements report.
and the treatment of stalled projects.
and the size of the amounts of investment projects from 2009 to 2022, as well as the size of the amounts of investment projects granted official licenses amounting to (69) billion dollars from the beginning of 2023 to the middle of 2024, with the study of the recommendation of the Ministerial Council of Social Services regarding the Iraqi Construction Council.
While studying the recommendation of the Ministerial Council for Social Services regarding the Iraqi Construction Council.
For their part, the members of the Council called for approaching the Supreme Committee for Investment regarding the exemption of industrial projects from Decision (245) of 2019 due to their importance in providing new job opportunities and moving the wheel of industry in Iraq, stressing the support of the industrial sector by facilitating procedures and encouraging investments in this field, which will contribute greatly to achieving economic development.
They emphasized supporting the industrial sector by facilitating procedures and encouraging investments in this field, which will greatly contribute to achieving economic development.
