Karbala governorate grants 77 investment licenses and confirms that it is attractive for investment

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The Investment Control Committee in Karbala, the holy city of Karbala, announced on Saturday that it has granted 77 investment licenses for various projects in the city since 2009 and so far, while confirming that the province is attractive to investors and companies.
“There have been several points impeding investment in Iraq in general, including the establishment of security in a manner that satisfies the investor and to inform him,” said Zuhair Abu Daka, head of the committee. On the areas where he wants to build projects. ”
“The other point is the problem of not preparing the land because it is linked to the Council of Ministers / Committee for the allocation of land, and this led to the lack of obtaining approvals quickly and make the investor leave the work and project,” he said, stressing that “Karbala holy city safe and attractive to investors” .
He added that “among the things that must be provided to investors are the completion of the infrastructure of water, electricity, streets and other areas for which the establishment of investment projects on them,” noting that “some circles did not understand so far how to deal with the continuous and deal with him as a contractor and put routine procedures Hard in front of him. “

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