Maliki: Iraq represents the first investment opportunity in the region
Maliki: Iraq represents the first investment opportunity in the region
11/03/2012 12:00 am
During the opening of the first day
BAGHDAD – Haider al-Rubaie Flaih
opened by Prime Minister Nuri al-Maliki of the 39 th Session of the Baghdad International Fair on Thursday with the participation of more than a thousand Arab and local companies and foreign and about twenty countries, was only a few hours until Land exhibition visitors were overwhelmed who Tnoawa according to the importance of the exhibition, Between senior government official provided by the prime minister and the investor or ambassador, economic or visits unusual diversity of the participants in the first and second days of the exhibition, which saw the presence of major international companies various disciplines, which included many of the urban areas, medical, food, electrical, agricultural, industrial and other companies that their officials stressed they are all seeking to have the force of presence in the Iraqi investment arena, the arena, which he described President Minister Nuri al-Maliki during the opening ceremony of the exhibition (promising), pointing out that Iraq is largely dependent on economic policy (market economy), and tends to rely largely on the private sector as a safe partner in the economic processes In reconstruction and investment. Maliki said during a speech opening the exhibition, which was held this year under the slogan (Baghdad International Fair .. gate reconstruction and investment) that Iraq has become a first investment opportunity in the region, in reference to the large volume of construction projects that the country seeks to implement, and that you need to help the world’s leading companies specialized in various fields, pointing out that (everything in Iraq needs to rebuild and build, and the country in the process of rebuilding builders infrastructure entirely and build again).
Prime Minister assured foreign companies and investors of any political or economic fluctuations, and Male (Iraq, under a package of important economic decisions is guaranteed to capital and corporate integrity of any volatility may occur, and under the law of the binding).
explaining that those laws (the guarantor) has encouraged many companies to access Iraqi investment arena, which he described Prime Minister (the perfect opportunity), expressing full preparations to pass laws work to overcome the obstacles that could hinder the investment process in the country, and that is granting more facilities for businessmen and companies with a view to their contribution more effectively in the reconstruction of the country and secure the capital of national and foreign.
Maliki said that those broad contribution by companies but represent a sincere message to Iraq urges steps towards reconstruction and construction, pointing out that the opening of the Baghdad International Fair of this size guide to understand the participation and increased economic activity and investment, noting that the gallery Baghdad is a great indicator and an important message not only at the investment level but conclusive evidence on the size of the security and political stability. Basta wide range of projects and Maliki noted that the country has been struggling not to keep the rentier economy in annual funding Moisnath , which urges paced towards activating dozens of aspects important to revive productivity and increase its resources, especially the agricultural and industrial sectors and tourism, noting that Iraq front (Basta) and a wide variety of important productive projects which can form collectively (resource and new blood of the economy) as well as being important investment projects for companies. Although Iraq sought to diversify resources of the national income, and a capital increase, but the Prime Minister stressed that the country is not moving toward the purchase of equipment and the development of only builders, but strives to another process of investment is (the best investment for humans), explaining that this type of investment is the best investment and sponsor Petkoar many important economic areas, especially after the development of the capabilities and expertise Iraqi individual, who said he suffered many by the wars that caused the delay to catch up with the world and scientific Pttorath. broad participation and saw the 39th session of the participation of more than one thousand and twenty countries in the exhibition, who wore a suit advantage from previous years, especially After opening a number of halls of new and make housing a technical adorned by corridors of the exhibition and his passes, and was the most prominent countries participating in the exhibition are Syria, Iran, Turkey and Jordan, as well as Germany, France, India, Japan and the United States, the Netherlands, Spain, Sweden, Korea, skepticism and Italy , which called on the Minister of Commerce to say: that Baghdad gallery of this size review is actually gate through which the entry of many investment companies that have a reputation in the world, pointing out during his speech on the sidelines of the opening of the exhibition that draws international companies to work in Iraq came to being a good open market to attract many investments, especially after the economic recession in Europe and some other countries of the world. confirmed Khairallah Babiker country seeking to build economic and political relations with many countries of the world created by a vision and clear that Iraq (in the process of reconstruction of the economic and trade fields and infrastructure). explained that (the current session distinct in terms of international and Arab and Hillah new development and rehabilitation The building halls and gardens). And pointed out that the exhibition will hold a trade conference on the fourth day (tomorrow) of its activities with the support of the Federation of Iraqi Chambers of Commerce. The current session saw the participation of some 20 Kuwaiti company, according to what was announced by the Director of the Kuwait pavilion at Baghdad Abdullah Nada Al-Mutairi, who said that (Kuwaiti companies participated in shows in the Kurdistan Region and another post in the gallery Baghdad in 1989) and here comes characterize our participation after an absence of nearly 23 years, according to Al-Mutairi, who confirmed the continuation of his country’s companies to participate in the future including Siqimh Iraq of exhibitions and conferences economic and commercial variety. considered by many administrators participating commercial wings of the importance of the exhibition in the marketing of their products to Iraq, said the U.S. ambassador in Iraq, Robert Beecroft, the U.S. companies find in Iraq is an important market should work, expected to lead Iraq Arab countries to import goods U.S. during the next year. Beecroft said during a press conference attended (morning) on the sidelines of the opening of the exhibition (the United States pavilion at the Baghdad International Fair emphasizes the development of economic relations with Iraq), indicating that the (U.S. companies realized the importance of working in Iraq) in reference to the size of the investment opportunities available for international companies, especially in the fields of energy, roads, bridges and construction of buildings and other dozens of critical areas that Iraq seeks to develop by relying on international companies. Beecroft said (services provided by U.S. companies the most advanced in the world contribute to the rebuilding of Iraq’s infrastructure as well as providing opportunities to work), stressing that the (U.S. companies find in Iraq is an important market should work). Beecroft predicted that Iraq tops the Arab countries that export goods to the U.S. during the next year. development of exhibition booths and participants expressed their admiration size evolution, which reached this year’s show, especially to increase the exhibition halls, and an expansion of green area and providing the means comfort and communication, but others complained during the first and second days of the complexities in the entry and exit of the exhibition. described the governor of Baghdad, Salah Abdul Razzaq, during his speech the economic reality of Iraq (advanced), especially in areas development which stressed that the growth rates in Iraq amounted to 8 percent, a signal demonstrate the recovery of the economic situation in Iraq in general. governor pointed to the existence of indicators demonstrate that Iraq is undergoing economic development, including increased production which made oil from Iraq is now the second largest oil producer in OPEC after Saudi Arabia, where he now produces more than (3) million barrels of oil will rise to more than (6) million during the next five years. and how to rehabilitate the Baghdad International Fair, said the governor: that strenuous efforts have been made since the periods by the province of Baghdad and in collaboration with the Ministry of Commerce for the rehabilitation of buildings and halls of the Baghdad International Fair shortly, where the work was divided into three meals per day was employ more than (1500) factor of engineers, technicians and craftsmen and workers in various disciplines, so was able to maintain complete rehabilitation according to a specific standard has not been achieved like in all the governorates of Iraq, which yielded the construction of a for meetings with a capacity of 1,000 seats and an area of 6400 square meters, and the construction of a length of 150 meters and width of 66 meters and a total of 10 thousand square meters, and building new wings for display numbered 15 suites, and rehabilitation of 20 galleries, and rehabilitation buildings and stores a 3 thousand square meters, and building a car showroom of the three-storey building, and building a restaurant consists of two floors and an area of 680 square meters, and the establishment of a building for VIPs, and other import and bunk, and rehabilitation of a building of the bank, and the creation of the position for cars, and units to take a break and 15 sophisticated musical fountain. Replies global frequent when roaming in the corridors of the exhibition can be viewed companies embarked on attendance at the Baghdad International Exhibition years ago, French Kganah who participated for the fourth time, and like him Turkish, Iranian, or German, is that in this session of the exhibition is possible to see the wings of participating for the first time different products, electronic, industrial, electrical or even educational, and does not represent the show, according to official wing French (draft post) but goes beyond that to be the station investment giant has French companies such as Renault and Tuttle on the presence in order to obtain posts or important contracts with the Iraqi government. confirms Dr. Samir Mulla Speaking (morning) the French government’s keenness to participate in the exhibition Baghdad is strong, so full conviction in the Iraqi market that you see French companies by Mullah (task). Mullah pointed out that the volume of French companies in this year amounted 26 different disciplines, including specialized companies producing electricity and other industry and motor oils and examination, the case was not limited to the French pavilion, he repeated the participation of many countries in the work of the Baghdad International Fair, such as Japan, which involved approximately 18 companies for the second year in a row, and like Germany, Algik and the United States and Jordan, as well as the frequency and wide to attend the Iraqi private sector companies, which expressed the organizers of the wings admiration full size regulation this year, as well as اشادتهم level of attendance and participation, despite the passage of only two days to the opening of the exhibition.
alsabaah
