Baghdad, November 22 (Rn) – The Iraqi Prime Minister Nuri al-Maliki after his return from Japan to the Second Amendment to the investment law to Parliament for discussion and approval.
The Adviser to the Prime Minister Mary Rayes told the Kurdish news agency (Rn) on Tuesday, “will host the House of Representatives of Prime Minister Nuri al-Maliki after his return from Japan to explain the results of the visit, which was content to strengthen economic ties between Iraq and Japan and to increase investment and provide facilities for Japanese investors.”
She pointed out that “the prime minister will be presented to the Council the second amendment to the Investment Law,” indicating that “the amendments include the provision of facilities for the wider foreign investors.”
Iraq acknowledged in 2006, Law No. 13 of the investment to encourage foreign companies to enter the country and contribute to government efforts to rebuild the infrastructure dilapidated by war and siege.
And the First Amendment, conducted by Iraq to the law in 2009 allowed the foreign investor the right to own land and property belonging to the State allowance determined in accordance with special regulations, also has the right to own land and property belonging to the mixed and private sectors for the purpose of the establishment of housing projects.
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