Basra Investment Commission continues its Efforts to obtain some Tracts of Lands to be announced as Investment Opportunities

Basra Investment Commission continues its Efforts to obtain some Tracts of Lands to be announced as Investment Opportunities

For the Purpose of Establishing Investment Projects that Serves Basra province
Basra Investment Commission continues its Efforts to obtain some Tracts of Lands to be announced as Investment Opportunities

Basra Investment Commission held a meeting to discuss obtaining the required approvals and ways to obtain the largest tracts of lands that belong to the General Directorate for the State Owned properties in order to be announced as investment opportunities.
Haidar Ali, Chairman of Basra Investment Commission said that it was agreed during the meeting to announce some lands as investment opportunities for industrial sector in some of Basra’s areas like (the North Orcaly, Al- Sabach lands, Talha, Khor Al- Zubair) in addition to the empty tracts of the real estate adjacent to the duty free area in Khor Al- Zubair , Mr. Ali also added that Basra Investment Commission had formed a joint team of the General Directorate for State Owned properties in Basra and specialized engineering staff and surveyors in order to make the field survey on the lands allocated and getting assured of its being ready to embrace the industrial projects.
The meeting was also attended by the DG of the General Directorate for State Properties in Basra, Mr. Mazin Hasan Karboon and his assistant Ms. Layla Hameed Madhloom. It is also worth to mention that Basra Investment commission had previously held intensive meetings with the Minister of Municipalities and Public works and the Minister of Planning and the Minister of Finance in addition to a number of other Ministries and other concerned sides in order to establish the investment projects, develop the governorate’s economy and obtain the required approvals so as to grant all facilities important to attract foreign companies to invest in Basra.