NIC Chairman .. Emphasizes that the Fair is a Fundamental Base for Investment Promotion process in Iraq
NIC Chairman, Dr. Sami Al- Araji emphasized that the commission’s participation in the fairs and international events especially those held in Baghdad ahead of which Baghdad International Fair is considered as a fundamental base for investment promotion process in Iraq, that was during his visit to Baghdad International Fair in its 37th session which was held in Baghdad for the period 1-10.Nov.2010.
He added “We are so happy for the participation of foreign and local companies in this fair as this participation is considered as a very good proof of the interest and contribution these companies are making to the reconstruction process” asserting that NIC and through its participation in the fair with other provincial investment commissions had responded to all enquiries made by investors and Iraqi citizens especially those attached to investment law No. 13 for the year 2006 and its amendments with all the privileges and guaranties this law is presenting and procedures taken by the One Stop Shop to utilize all investors needs.
Dr. Al- Araji also referred to the efforts made by NIC to promote the investment process in Iraq during the year 2009 while in 2010 a decision had been made to change the promotion strategy by holding direct meetings with foreign and local investors and making achievements on the ground stressing that Iraq obtains great natural resources and capacities that enable it to attract most of the international developed companies and create solid partnerships in all sectors.