Discussions between Salah Ad Din investment Commission and German Companies for investment in the Province

2009-12-21

Discussions between Salah Ad Din investment Commission and German Companies for investment in the Province.


A delegation from the province of Salahuddin and the Federal Republic of Germany at the invitation by the number of major German companies. The delegation, which held his head, Mr. Ahmed Abdullah al-Jubouri Govr. Salahuddin province, the number of meetings with representatives of German companies on topics related to investment in the province and the most important means and methods to create an investment environment that is beneficial to all parties. The essence of Mr. Hamad stallion head of the investment in the province, representatives of German companies a detailed description of the investment opportunities in the province and the importance of the arrival of German companies for their implementation. The head of the German companies that have a good reputation not only in Salahuddin province, but in all parts of Iraq because of their experience in the implementation of several large projects in the world and the most important road projects, technology and power generation. He Jowhar that a favorable opportunity now in front of German companies to enter the Iraqi market because of Maoverh Iraqi investment law No. 13 of 2006, as amended, for investors guarantees and privileges and exemptions as well as on the great opportunities for investment projects varied between agriculture, industry, roads, energy and minerals. For his part, Mr. Ahmed Abdullah al-Jubouri Chairman Salahuddin province, said that German companies will enter the province will receive first priority in the implementation of development projects and investment in the long run. He added that there are many projects which Iraq needs in general, and Salah ad Din province, in particular because of underdevelopment that has plagued all sectors of the circumstances experienced by Iraq over the last thirty years. Engineer Schmitz and display of company Birkls possibilities of the company in the implementation of airports and the company was willing to discuss the implementation of the international airport of Saladin manner of investment for a long time and in return benefit to the parties. It is scheduled to arrive soon to maintain the delegation of German companies to discuss on this topic and preview the floor of the airport and take samples of it to complete the studies and analyzes ground before signing a contract establishing the airport. The Association of Investment Salah al-Din has been completed all pre-approvals fundamentalist concerning the establishment of the airport from the land register the name of Salahuddin Airport and ending with the consent of the Iraqi Civil Aviation Authority at the establishment and adoption of the airport within the airport approved by it in the air transport. In the city of Leipzig delegation visited a vocational training center in the city, which includes experts and engineers to professional training of personnel on the construction work, carpentry, electricity, sewage, and turning all disciplines pertaining to the reconstruction in the province. The delegation discussed the possibility of the Centre trained a number of cadres of the Iraqi people of the province on that business, that the German side to cover the expenses of training and transportation. In Berlin, the representative of the company (CDM) projects for energy engineer Benjamin Bartsch Matouselt him another company in the techniques of generating electrical energy using ground water as well as providing the means for adjustment depending on the groundwater. The two parties agreed on the continuation of communication on the implementation of a number of investment projects in this framework to eliminate the electrical energy crisis facing Iraq. Engineer Marcus chairman of Fidus Capital, which is based in Düsseldorf said Iraq had become one of the important countries in attracting investments, which will certainly lead to the prosperity of the Iraqi economy, adding that his company wants to enter the market, Salahuddin province, and from it to all governorates of Iraq as a promising future awaits companies that will enter the Iraqi market as he put it. The delegation visited a number of factories for the production of cement plants, glass and building materials to stand up on the latest techniques used in this context. Officials believe the German companies who met the delegation, said the Iraqi government to contribute to the investment projects presented by foreigners, even by 20 percent in the least in order to provide incentives, guarantees and additional temptations for companies to overcome the phase-frequency control by the nature of the movements now. The delegation met with Professor statement of the economic expert who works in the membership of the Board of Directors of a number of leading German companies and gave him an explanation for the situation in Iraq and the need to achieve an economic boom the help of friends the Germans. The statement said he was pleased to visit the delegation and expressed his hope to see German companies have taken due derived from her experience in the implementation of several projects in Iraq. He said that Iraq is a country is important not only in the region but in the world owned by the wealth of economic and human potential represented by great engineers and experts deployed in many countries of the world. The statement of his belief that investment in Iraq need to enter the Iraqi investors as partners for the foreigner in the investment process to increase confidence and overcome this phase to be able to foreign companies wishing to invest in Iraq's access to it without a partner which will enhance the opportunities to create economic progress is real in this country.
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