During the Periodical Meeting with the PICs Chairmen

NIC Chairman Stresses the Necessity of eliminating all obstacles facing Investors’ work   

 

 

NIC Chairman, during heading the periodical meeting with the provincial investment commissions’ chairmen, stressed the necessity of evaluating and following up the investment licenses granted in their provinces with specifying the achievement rates for each licensed project and taking the necessary actions with the tarried investors in addition to finding the suitable solutions for all obstacles hindering the execution of the remaining projects and submitting all facilitations and guaranties granted by investment law for investors.

Al- Araji also gave his directives to update the investment map in all provinces for the year 2014 through adding investment projects needed for each province in all economic sectors with stressing the importance of specifying the lands suitable for investment and classifying them sectorally according to the investment map requirements.

NIC Chairman stressed the importance of activating the investment process through implementing the strategic projects in each province and reinforcing cooperation between PICs and other governmental entities showing the NIC readiness to submit technical and administrational support for all provincial investment commissions in order to develop investment work in Iraq.

Dr. Sami also listened to a number of suggestions and opinions by PICs chairmen regarding the investment process in the various sectors and the obstacles facing the implementation of projects according to schedules agreed upon and he promised to find solutions for these obstacles to serve both citizens and investors.