A member of the Economic Committee: All investments “fragile” and does not have an economic value

A member of the Economic Committee: All investments “fragile” and does not have an economic value

Date: 09/20/2012 06:49:51 Thursday

Baghdad (news) .. According to a member of the Economic Commission MP / coalition in Iraq / Qusay al-Abadi, said that Iraq possesses no real investment only oil licensing rounds, describing all investments Iraq as “fragile” and have no economic value.
Ebadi said (of the Agency news): There are a real investment in Iraq ill was a local Audola and all investments are weak and have no economic value due to the activation of the private sector and encourage domestic investment in order to attract international investment. added: that the failure to encourage and support the private sector led to lack of advancement domestic investment مادفع corporate global investment not to resort to Iraq Investment As a result fear of wasted their capital investments is successful. pointed to: that all loans granted for the development of small-scale investments in the private sector are routine procedures only and delivery amounts up to a year or more to provide them what makes constant is unable to manage its projects and resorting to left. He continued: When private sector Manhi invest local starts global firms to invest in Iraq. Finished / 21.. /
Source: ikhnews