Thursday, March 28, 2024

Baghdad

Free Zones Dept, UN delegation discuss establishing industrial zones in Iraq

Free Zones Dept, UN delegation discuss establishing industrial zones in Iraq

Baghdad (IraqiNews.com) The Secretary General of the Free Zones Authority associated to the Ministry of Finance discussed with a delegation of the UN Industrial Development Organization the establishment of industrial zones in Iraq to promote the investment opportunities in the country.

A statement by the Authority cited that “A delegation from the UNIDO visited the Free Zone Department and discussed with the Iraqi officials the privileges and the incentives presented by the Free Zone Dept to the industrial projects and the laws adopted by the Authority and its future plans.”

“The Authority expressed willingness to cooperate with the UNIDO to open mutual prospects for investments through establishing industrial zones in Iraq, regulating the industrial action and providing the requirements to upgrade the industrial action and support the local economy,” the statement concluded.

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