Free zone to be established in Baghdad

free zone to be established in baghdad Free zone to be established in Baghdad

Baghdad (IraqiNews.com) The General Authority for Free Zones within the Ministry of Finance announced concluding an agreement with the City Center for Vehicles Services Company Ltd. to establish a free zone in Baghdad.The Director General of the Commission, Sabah Salih al-Qaisi, reported in a statement received by IraqiNews.com ”This Company concluded the agreement to establish the free zone in Awiridj area in Baghdad to practice commercial activities, ” pointing out that ”The free zone will occupy (6563) sq meters.””The establishment of the free zones in the Iraqi provinces will promote the local economy and reduce unemployment as well as diversifying the state revenues,” the statement added.Qaisi demanded ”The investment bodies to take part in ensuring the success of this economic experiment.” \

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