Parliamentary endeavor to amend paragraphs of the investment law and host heads of provincial bodies

Parliamentary endeavor to amend paragraphs of the investment law and host heads of provincial bodies

2022-11-08 06:18

Parliamentary endeavor to amend paragraphs of the investment law and host heads of provincial bodiesShafaq News/ The Parliamentary Investment and Development Committee announced, on Tuesday, its endeavor to amend paragraphs in the investment law and to host the heads of investment bodies in the governorates.

A member of the committee, Hussein Al-Sabri, told Shafaq News Agency, “The Investment Committee in the House of Representatives is seeking to amend some paragraphs of the investment law, as well as approving some laws that were read first after their research, scrutiny, scrutiny and hosting experts, to be submitted to the House of Representatives for a second reading. “.

He added, “There will also be hosts for the heads of the authorities in the governorates to see investment problems in them and develop effective solutions to them. A number of books have been issued to the Ministry of Industry regarding customs exemptions, and others to the National Authority to know the lagging projects, their number and locations.”

He pointed out that “the Director General of Babel Investment, Muhammad Zakum, gave a full explanation to the Parliamentary Investment Committee about the problems facing investment in the province, and demanded the legislative authority’s support for some paragraphs that need to be amended, especially Article 245.”

Regarding investment projects in Babylon, the representative of the province stated, “Babylon is one of the good provinces for industrial investment, but in the field of housing units, it is lagging behind due to the lack of land, because the province enjoys a high population density offset by the lack of spaces for the establishment of residential complexes in it.”

shafaq.com