Two British and UAE companies get 6 investment licenses worth $ 519 million in Iraq

«Economy News»
 Emaar Construction

Economy News Baghdad:

The National Investment Authority (NIA) has granted investment licenses for six projects in Iraq worth 519 million dollars to British and UAE companies.

The “Forum of Investment and Reconstruction Opportunities in Iraq” witnessed the signing of investment permits with Arab and foreign investors in the presence of a number of Iraqi officials.

Three investment licenses worth 205 million dollars were awarded to Daeco World Holding Company to develop and rehabilitate the central markets, namely Mustansiriya and central markets, as well as an investment license to develop the central and central markets.

The company also awarded Daiku International investment license for the construction of the Muftiyah project in the province of Basra, a residential, recreational and commercial project at a total cost of 234 million dollars.

Al-Ghaith Industries Co., Ltd. (UAE) granted the investment licenses from the Muthanna Investment Authority to establish the caustic soda plant at a cost of $ 65 million and the production of high-purity edible salt at a cost of $ 15 million.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s