The Investment Parliament announces the imminent completion of the Industrial Investment Law
The Investment Parliament announces the imminent completion of the Industrial Investment Law
5-2-2024
Information / Baghdad..
Today, Thursday, a member of the Parliamentary Investment Committee, Muhammad Al-Ziyadi, revealed that the final touches had been put in place for the Industrial Investment Law, while pointing out that members of the House of Representatives had reservations about a paragraph in the draft law.
Al-Ziyadi told Al-Maalouma, “The Investment Committee demanded that the lands be owned by 50% for the investor, according to the prevailing context, but there is a reservation about this percentage.”
He added, “The industrial investment law serves Iraqi industrial investors and contributes to the development of local production significantly, pointing out that the law will see the light during the upcoming sessions of the House of Representatives.”
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