Has been extended for submission of applications for investment opportunity for the development of Al-Rasheed Camp (formerly) for (14) fourteen days from the date of 10.25.2012 .
Babylon Investment Commission participated in the conference of Supporting Iraqi Businesswomen under the slogan of (Woman is half of the society … Hand in hand we build Iraq) for the period from (10-11.08.10) on the land of Babylon resort.
A source in Babylon Investment Commission informed the NIC Media Office That Dr. Ibraheem Rasool, BIC member of the board represented the commission in the conference mentioning that the conference had included a speech by Mrs. Suhaila abdul Redha, member of the Provincial Council through which she stressed the importance of supporting such conferences and paying more attention for Iraqi Businesswomen .
Mr. Tariq Majeed, representative of Babylon Governor also gave a speech through which he assured the support of the local government for such conferences.
The news source added that a workshop had been held during the conference focused on the Role of Babylon Investment
Confirmed that the National Investment Commission that Matnaqlth some media reports of a fire in the building is baseless news that the fire broke out in one of the buildings adjacent to its headquarters and the civil defense prevented the arrival of the fire to the building
He said general manager in the National Investment Commission that the fire did not reach the building, and what happened is the arrival of black smoke into the building, indicating that all sections and departments and body content of private files and documents their work did not affect any harm or damage whatsoever.
On the other hand, provide the Director-General thanks and gratitude to all officials who Atmino to the safety of the employees of the Commission, at the same time expressing appreciation and respect for the العاليين Authority for outstanding effort that his civil defense men in the performance of their work.
Announced that the National Investment Commission announced the launch of Dabbash residential project investment opportunity to create a vertical residential complex by (20) thousand residential units.
The President of the National Investment Commission, Dr. Sami Raouf al-Araji, in a press statement on Wednesday, 08.01.2012 that the project will be built on an area (992.500 m 2) in the area of Dabbash Baghdad and includes (20) thousand residential units integrated services, in addition to shops and places of entertainment and social and will meet the requirements of modern life for people with average income.
He called the investment companies and investors to participate in this investment opportunity advertised in the official website of the National Investment (www.investpromo.gov.iq ) to submit their applications to the headquarters of the Authority within a period of 60 days (sixty days) from the date of the announcement of the project.
He said the President of the National Commission that the project enjoys the benefits of the Investment Law No. (13) for the year 2006 amending including exemption from taxes and fees, in addition to the obligations that imposed by the Investment Law, the investor, noting that the foreign investor the right to transfer of capital and profits and wages of employees, according to the Central Bank Iraq, and will be competent governmental authorities to ensure the security of the project .
Republic of Iraq
Council of Ministers
National Authority for Investment
Announce investment opportunity for the establishment of a residential complex in the area of Dabbash / Baghdad
Declares the National Investment Commission about the availability of investment opportunity for the establishment of a residential complex portrait of ( 20,000 ) twenty thousand housing units and includes (infrastructure complete, and residential units, shops, social services and recreational and other) widget numbered (21/153/4) Peace and adult area (992 500 m 2) nine hundred and ninety-two thousand five hundred square meters in accordance with the Investment Law No. 13 of 2006 on average to meet the requirements of modern life for people with average income.
For companies and investors wishing to invest widget above to submit their applications to the headquarters of the National Investment Commission / Department of the single window and services while providing investors a file that includes the following:
Note that the project has the following advantages:
The duration of submission of applications (60) days (sixty days) from the date of this announcement
National Authority for
1/8/2012
Modern designs meet the requirements of modern life
National Investment Commission announces the development project
Rasheed Camp (formerly) five investment opportunities
Announced the National Authority for Investment Development Project Rasheed Camp (formerly) five investment opportunities (Residential, Commercial, sports, health, entertainment) through three modern designs according to international standards that meet the requirements of modern life prepared by the architects of the Ministry of Construction and Housing and the University of Technology.
The President of the National Investment Commission, Dr. Sami Raouf al-Araji, during a press conference held at the headquarters of the occasion on Sunday, 07.22.2012 that the Authority had approached a number of international companies competent investment to contribute to these opportunities five, and that is open to any investor to enter and participate in this project Dynamic and declared the official website of the National Investment ( www.investpromo.gov.iq ) for a period of (60) days from the date of the announcement, as the investment will be direct investment and sales of the citizens are in accordance with the principle of supply and demand, noting that the designs of the three provided and developed specific criteria for implementation , aspect housing will be built (50 – 70) thousand residential units according to the vertical construction and four areas (120 m 2 , 140 m 2 , 160 m 2 , 200 m 2 ) and high (10) floors above, in addition to (5) of thousands of housing units horizontal form a separate building is composed of two-or three-storey per unit.
He added that the business side of the city will include commercial centers, malls and chain Five Star hotels with the services of a cultural and social cinemas, theaters and cultural centers, either the medical side will work on the rehabilitation and development of Rashid Hospital Military (formerly) and the addition of buildings have a capacity of a thousand bed with building complex and the College Studies and medical specialties to be a teacher Medical large in Iraq and will be done in coordination with the Ministries of Health and Higher Education, as will the entertainment set up an entertainment complex and the city of games, as well as the development of Corniche Tigris River, including the city’s water with hotel services required, including the aspect of sports will build a stadium Contributor capacity (60) thousand spectators with a secondary stadium capacity (10) Thousands of spectators with closed multi-purpose rooms and an Olympic swimming pool (open and closed).
This saw the end of the press conference a detailed view of the three designs for the project by the gentlemen in the engineering department officials and the National Consulting Center at the Ministry of Construction and Housing professors and specialists from the University of Technology.
Below the standards to be adopted by investors for parts of the project
According to the standards adhered to by public
Residential part:
Flats four varieties models and up (10) floors above.
Medical part:
Medical Complex Includes specialty hospital (1000 beds) and all the terms of reference and supplies with all services.
Part entertainment:
Entertainment complex and the city with the development of Corniche games of the Tigris River, including the city’s water with the required hotel services.
Part sports
The main stadium capacity to 60,000 spectators with a secondary stadium capacity (10,000) spectators with multi-purpose halls closed Olympic swimming pool (open and closed)
First suggested
The second proposal – Part I
The second proposal – Part II
Third proposal
NIC Chairman Dr. Sami Al- Araji and during heading the periodical meeting with the DGs of the provincial investment commissions on Sunday, Jul.15.2012 emphasized the importance of tracking the investment licenses granted by the provincial investment commissions and evaluating the achievement rates reached for each one and laying the suitable solutions for the obstacles with submitting all facilitations and guarantees granted by investment law and its amendments, assuring the importance of better activating the investment process during the second half of this year through implementing the strategic projects that touches the Iraqi citizen in each governorate and in all sectors in addition to allocating the lands named for investment in the governorates.
NIC Chairman also clarified that there are three mechanisms to track the big investment projects that governorates can choose any of them to monitor the achievements phases of the said projects which are represented either by cooperating with the departments and engineers of the Ministry of Housing and Construction or making use of the experiences of the engineering consulting offices of the Iraqi universities or the private local or foreign reputable engineering consulting offices of the long years of experience, referring that tracking the investment projects through one of these mechanisms is considered as the best way to implementation with the required specifications previously agreed upon with the investor according to the investment licenses granted which grant the rights of both the investor and the government stressing the necessity of giving high priority to updating the investment map in each province according to economic sectors especially those attracting investors.
NIC Chairman also listened to a number of suggestions and opinions by the chairmen of the provincial investment commissions concerning the investment process and some of the obstacles hindering the establishment of the investment projects when he promised to eliminate all these obstacles for serving both Iraqi people and the investors’ expectations.
Dr. Sami R. Al-Araji, NIC Chairman, emphasized at the press conference held after the investment workshop that investment in power sector would actively contribute in decreasing the electricity crisis Iraq is currently suffering from by providing the electricity demanded.
The workshop was held by the MoE regarding establishing 8 big power stations through investment in various provinces. He also explained in case of speeding up the implementation of this plan, Iraq will get 5000MW additional to the current one.
Dr. Al-Araji said that requests from international companies were received by NIC, with daily and direct coordination with MoE, to invest in power sector with total capacity of approximately 26 thousand MW.
He referred to the three types of investment, first: investor installs new equipments to build the station close to the fuel sources (Oil Refineries), second: purchase equipment from international companies, Siemens and General Electric to be installed and operated according to an approved mechanism. The third type: is represented by establishing a company as a private sector partner to the MoE in installing and operating power stations including equipments imported from Siemens and General Electric.
The National Investment Commission (NIC) announces a tender for the construction of NIC complex listed under the national investment budget 2012 and located in Baghdad/ Green Zone. Interested companies classified as first class/ constructions according to Iraqi MoP classification are invited to visit NIC headquarter (Baghdad/ International Zone near the 14th July Sq.) or at NIC’s office at Baghdad International Fair to obtain the tender documents (Bill of quantity, design drawings) for non- refundable 250 thousand ID with accompaniment of the documents stated in the following 1,2,3 items. Offers will be deposited in NIC tender box including the below mentioned documents. Dead line for receiving offers on ( Wednesday ) Date 18/7/2012 before 2.00 pm.
The winner shall bear the cost of publication and announcement
Required Documents:
General Notes:-
For any further enquiries please contact us on the following phone number:
07706740195
Chairman, National Investment Commission