Friday, March 29, 2024

Baghdad

KIC grants investment license

KIC grants investment license

Karbala (IraqiNews.com) The Karbala Investment Commission in Karbala province granted an investment license to an Iraqi company to establish amusement park in Hur neighborhood within Karbala province.

The acting chairman of the investment commission, Ahmed Mahel al-Maliki, reported to IraqiNews.com ”The Karbala investment commission granted an investment license to establish an amusement park on (64 acre) behind the Turkish hospital with gross cost that reached more than USD (49) million,” noting that “The period of the project implementation is (28) months starting from date of receiving the land.”

He added ”The investment commission adopted new strategy to create investment opportunity to set the balance in granting the investment licenses, among the districts and neighborhoods of the province, after obtaining the necessary consents from the concerned governmental institutions.” \

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