* Basra: 30 grant investment license and put 13 companies on the local black list
Basra, January 9 (Rn) – An official in the Basra Investment Commission Monday that the number of projects which licenses were granted investment in the province over the past year amounted to (30) distributed over a variety of sectors, as revealed director of the government contracts in the Office of the conservative inclusion (13) local companies on the blacklist to block deal with them in the implementation of future projects, said deputy chief of the Basra Investment Haidar Ali Fadel told the Kurdish news agency (Rn) announced today that “the Basra Investment Commission granted during the year 2011 (30) investment license to the local and foreign companies exceeded the cost total trillion, one hundred million dinars.
” He explained that “projects that its license body were distributed among the sectors of industry, agriculture, trade and housing, as well as projects in the field of energy, health and the establishment of commercial facilities and media in Basra.” and stated that the “most of these projects are in the process of completion with the exception of two projects were completed in full, “adding that” the Commission has in 2011 to study (118) investment projects at a cost of (6.5) billion dollars. ” He noted that “the Basra Investment Commission is working to attract sufficient investment to achieve rapid economic growth, and continues to invest the elements of power that characterized by the province as the most important source of energy in the country and link head between East and West. “
On the other hand, revealed director of the government contracts in the Office of the province of Basra on Monday the inclusion (13) local companies on the blacklist to block deal with them in the implementation of projects in the future.
The Engineer and the loyalty of Abdul Karim Obeid (Rn) announced today that “the province of Basra, the inclusion (13) a local company in the black list because of its failure in the implementation of the projects referred to earlier,” adding that “most of these companies did not lead the work assigned to it within the guidelines agreed upon, a What was clear from the previous experiences with these companies. “The director of the government contracts that “the position of these companies in the black list will deprive it of the possibility of dealing in the area of assignment and implementation of projects with government institutions in the province of Basra,” noting that “this decision, which included trading companies variety of disciplines, issued by the province of Basra did not come from the Ministry of Planning. “
He pointed out that “the number of companies that do business with them to the government contracts in the province of Basra during the current phase of approximately (500) a local company, Arab and foreign.” For his part, Governor of Basra behind Abdul Samad (Rn) that “the local government in Basra will pull out all the projects that stalled some of the companies in completing their work, and we will hold those companies through legal means, they are wasting in this way public money and influence on society visual.” He said that the “plan of 2012 emphasizes the the need for completion of projects in advance rapidly and according to international standards, and will not be allowed to wasting time without achieving real results on the ground. “
said the Ministry of Planning earlier that the (500) construction company put on the blacklist for failing to complete projects in Baghdad and other governorates, and reported The development of a foreign company or local within the existing “black” by the ministry depends on the recommendation by the government institutions and not on the basis of the measures adopted by the ministry.
The company is General of the Department of Registration of Companies one of the most important companies of the Ministry of Commerce task of organizing the work of local trading companies and foreign in the country. The Ministry of Commerce said there are more than 50 thousand a general trading company registered with the Registrar of companies during the past year 2011. The development plan for the province of Basra (550 km) south of Baghdad for the current year 2012 the largest development plan in terms of number of projects and financial allocations in the history of the county as included 906 projects an annual allocation of over five hundred million trillion dinars.
The * Basra: 30 grant investment license and put 13 companies on the local black list by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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