The Investment Committee praises the “single window” system: it will reduce the blackmail of investors
The Investment Committee praises the “single window” system: it will reduce the blackmail of investors
11-9-2022
Information / special
A member of the Parliamentary Investment and Economy Committee, Hussein Al-Sabri, confirmed today, Wednesday, that the application of the single window system to complete investors’ vacations will reduce cases of extortion and encourage investment.
Al-Sabri said in an interview with “Information”, “The application of the special single-window system in the issuance of investment licenses will encourage investors to invest after reducing wastage of time,” noting that “the implementation of the system will limit cases of extortion practiced against investors.”
He added, “The Investment Authority will take its real role if the single window system is implemented by providing advice to investors regarding the establishment of investment factories and factories.”
He continued, “The single window will activate the real competition between companies over the investments that are offered,” noting that “most of the developed countries in the investment field operate in the single window system in investment.”
A member of the Investment and Development Committee, Osama Al-Badri, had called earlier, for “the necessity of activating the single window system in state departments to encourage investment and eliminate extortionists,” adding that “the investment law is good, but it needs some amendments that confront investment work in Baghdad and the provinces.” It’s over 25/J
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