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Maliki to Japanese companies: Investment Law will be amended

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Maliki to Japanese companies: Investment Law will be amended

Unread postby Stillw8n » Mon Nov 21, 2011 10:07 am

Maliki to Japanese companies: Investment Law will be amended a third time to facilitate the work of investors in Iraq
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Baghdad (news) .. met with Prime Minister Nuri Kamal al-Maliki at his residence in the Japanese capital Tokyo on a number of heads and officials of major corporations, men and Japanese business, led by companies Hitachi and Jeix and Sumotimo and the President of the Japan Cooperation Center for Middle East and others.

A statement from the Prime Minister received the (agency news) copy of it: that al-Maliki called on Japanese companies to accelerate the implementation of investment projects and to contribute in the reconstruction process and the ongoing construction in the country.
He stressed the Government’s commitment to ensuring the rights of these companies through investment law applicable in the country, which has been amended twice was amended again including it in line with the movement of construction and reconstruction taking place in the country.

The statement added that al-Maliki said that the investment opportunities and the development process in which we set in motion in Iraq to accommodate all the activities of Japanese companies with specialties and different experiences and diverse, pointing at the same time the strength of Japanese companies and its reputation large Iraq.

He said that Iraq death a lot of time and wasted the previous regime a lot of money and wealth on the issues of war and destruction have not been paying attention to the suffering of the people and services.

The statement said that the heads of Japanese companies confirmed that the major corporations and even small in Japan assembled that Iraq represents a market and a promising and extensive and very important, as it began, many of which operate there and has opened Majaramkateb them in Baghdad to keep up with work and the completion of projects.

The Msúloeshrkh Hitachi that they have projects in the field of oil exploration and other and seek to expand their work in the production of electricity and water filter and transmission oil and gas extraction in addition to the implementation of projects major industrial agricultural machinery, automobiles and others.

During the meeting the heads of Japanese companies talked about some of the obstacles they face in implementing the projects. Aarbu and their determination to train more Iraqi expertise in Japan and in Iraq, pointing to the training of hundreds of Iraqis in recent years. /

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