NIC Discusses Proposed Revisions To Iraq's Investment Law

2024-01-07 09:00:28

(MENAFN- Iraq Business News) By John Lee.

The Chairman of the National Investment Commission (NIC) , Dr. Haider Muhammad Makkiya, has chaired a meeting to discuss the proposed amendments to the Investment Law No. (13) of 2006, with the aim of strengthening the economic sector in Iraq.

In the presence of the general directors and advisors, he discussed set of proposals that provide the appropriate legislative environment for "developing the reality of investment and strategic projects in Baghdad and the provinces", according to a statement from the NIC.

The attendees discussed the proposed amendments and crucial articles in the law. They hope these changes will provide the NIC and investment sector with a broader strategic dimension at administrative, technical, and financial levels.

The meeting concluded by setting a deadline for finalizing the amendments.

(Source: NIC)

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