Page 11 - investment-map-En-2021
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Iraq Investment Map2020-2021
e- Decisions of the dissolved Council of the Revolution Leadership No. 581 for the
year 1981, 1187 for the year 1982, 222 for the year 1977 and 165 for the year
1994.
19. Granting hotels, tourism institutions, hospitals, health institutions, rehabilitation
centers, and educational and scientific institutions additional exemptions from the
duties paid on furniture and the material needed for modernization and renewal
purposes at least once every four years.
20. Covering strategic partnerships with public sector projects in rehabilitating,
operating or establishing in cooperation with privet sector by the advantages of
the Investment Law.
21. Provide investors with a badge after granting the investment license to enjoy
privileges accordingly.
Concept and Importance of Investment Environment
The importance of the investment environment is noticeable in attracting local and
foreign investments because it includes fundamental aspects to successful investments
and appropriate to investors activity in present and future time. Investment environment
includes all policies, indicators and tools that affect directly and indirectly decisions
regarding economic policies (financial, monetary and trade) in addition to (legal
regulations and infrastructure). It’s also related to other factors such as basic facilities,
laws and regulations, political and security situation in addition to real investment
opportunities, incentives and various markets for production.
We can identify investment environment as (a comprehensive concept focusing on
negative and positive circumstances in making investment opportunities successful ones
and affect investment mobility. It includes social, economic, political and legal situation,
and governmental supporting agencies) .
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