NIC Chairman stresses the necessity of taking into account the economic hubs and the privacy for each province in drawing the Investment Map

NIC Chairman stresses the necessity of taking into account the economic hubs and the privacy for each province in drawing the Investment Map

NIC Chairman stressed the necessity of taking into account the economic hubs and the privacy for each province in drawing the investment map and listing the projects according to priority and importance in agricultural, industrial or housing projects.
The above mentioned subjects were discussed during the periodical meeting with the PICs representatives held on the 6th of Sept. 10 at the NIC premises, Dr. Sami gave his directives to update the investment projects database in each province along with evaluating the achievement rates for these projects and identifying the reasons behind the delay in achieving any project finding the solutions for problems facing them in addition to submitting all facilities and incentives for investors granted by investment law No. 13 for the year 2006.
Dr. Al Araji also stressed the importance of allocating the lands for the big investment projects especially the project of the One Million Housing Units, asserting that the allocated land must be close to cities and provinces centers or to choose vast areas outside the cities could be complete cities. Dr. Sami also urged the PICs to foster cooperation with the provincial governments and the sectoral sides in the provinces to ensure allocating the required lands.

Regarding selling the housing units (within the project of the One Million Unit) to the government officials, Dr. Sami asked the PICs chairmen to identify the number of government officials willing to buy in each province and to organize the process through finalizing the list for those who meet the required legal terms.

NIC Chairman listened to a number of the PICs Chairmen suggestions and opinions concerning investment in various fields and finding solutions to the obstacles hindering implementing investment projects, Dr. Sami in his turn promised to facilitate all obstacles stand against development and reconstruction.