MP describes investment in Iraq as idle

Baghdad (IraqiNews.com) The Parliamentary Services and Construction Committee described the investment in Iraq as “idle and cannot be refreshed at the current time.”

The Committee assured that “The sides that wish to invest in Iraq face difficulty in dealing with the bureaucracy existing in the governmental institutions in addition to the complexity of authorities among those institutions.”

The Head of the Committee, Vian Dakhil stated to IraqiNews.com on Tuesday “We support the investment sector but we have notes on its law and applications.”

MP Dakhil of the Kurdistani Alliance continued saying “The sides that wish to invest in Iraq face difficulty in work under the current circumstances represented by the high bureaucracy in the State’s departments and the overlap in the powers of the governmental institutions that prompt the investors to refrain from investing in Iraq.”

Concerning the Infrastructures Law and the Committee’s objection to this law, she said “Our objection is professional rather than political which calls to clarify the law’s mechanisms and its provisions.”

“The Infrastructures law is included in the agenda of the Parliament next session,” Dakhil concluded.