Suha Al-Najjar: Withdrawal of investment licenses for lagging projects.. A fair and just decision for the serious investor

by **RamblerNash** Wed Jun 02, 2021 10:37 pm

Wednesday 02 June 2021 19:31

Baghdad / NINA / - The head of the National Investment Commission, Suha Daoud Najjar, confirmed that: The decision to withdraw investment licenses for lagging projects, in which the completion rate is limited to (zero - 35%) of the project, is a fair and just decision for the serious investor because it effectively contributed to creating a positive reaction on both sides. investment equation.

And she added in a press statement that: the state departments concerned with investment activity in Iraq are now aware that any misuse of basic investment tools represented by tax exemptions that can compete with the local industry or the lack of real exploitation of state lands or the granting of entry visas and the accompanying disruption and unemployment for Iraqi working hands can To contribute to the disruption and decline of Iraqi investment.

She expressed her optimism that: The next phase will witness the resumption of a number of stalled projects and the re-presentation of other vital projects that did not find their way to implementation, especially in the housing projects sector./ End 3

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