Parliamentary Committee: The Industrial Investment Law will see the light soon


Baghdad Information.
Susan Mansour, deputy chairwoman of the Parliamentary Investment Committee, reiterated her committee’s plan to enact the industrial investment bill during the next stage on Sunday, stating that “there are 100,000 industrial licenses in Baghdad.”

In an interview with Al-Maalouma Agency, Mansour stated, “One problem in the law is ownership of lands located within the basic design in Baghdad.”

She went on to say that “the industrial investment law will soon see the light,” and that “her committee is one of the strongest supporters of investment of all kinds, provided that state lands are not exploited.”

According to Mansour, “the reason for the investment committee’s refusal to legislate the law is that the lands are state assets, and we have demanded that they be owned outside the basic design of Baghdad.”

Earlier, the Parliamentary Industry, Economy, and Trade Committee emphasized the need of passing the industrial investment bill during the future sessions.


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