Tuesday, November 12, 2024
Unprecedented" .. Iraq prepares to launch a group of investments worth a quarter of a trillion dollars, 12 NOV
Unprecedented" .. Iraq prepares to launch a group of investments worth a quarter of a trillion dollars
Iraq is preparing to launch a wide range of projects with the aim of attracting investments worth up to a quarter of a trillion dollars over the next two years, in an unprecedented move in the country.
The package of investment opportunities includes projects in the fields of renewable energy, industrial and agricultural cities, and railway networks, in addition to the education, communications, tourism and entertainment sectors, according to the head of the National Investment Commission, Haider Makiya.
In an interview with Asharq Al-Awsat, Makkia revealed that the authority has completed all the necessary requirements for 103 investment opportunities, in addition to major future projects, and “it is possible that within the next two years there will be funds flowing in the amount of about 250 billion dollars” to Iraq.
This package comes amid the National Investment Commission’s activity to revive dozens of projects that have resumed work, in addition to reactivating others, and addressing the obstacles facing investors with various sectoral bodies. According to the head of the commission, “the number of stalled projects in all of Iraq has reached 249 projects.”
The National Investment Commission was established in 2006. Since then until the end of 2022, the volume of investments flowing into Iraq did not exceed $35 billion. However, after implementing administrative and technical reforms and setting controls to facilitate the investment process, the volume of investment licenses granted increased to $69 billion by last June, according to Makiya.
Commenting on the statement of the Iraqi Prime Minister, Mohammed Shia al-Sudani, in late October, that “the volume of investment for the year 2024 reached $100 billion,” Makiya explained that “that number is correct if we add the $69 billion flowing from the same year with other strategic projects such as the Baghdad Metro project and the (Najaf-Karbala Metro) project, the number reaches $100 billion.” link
Coffee with MarkZ. 11/12/2024
TIDBIT FROM MARKZ, 12 NOV
MarkZ
[via PDK] An interesting weekend in Iraq... In Iraq they were very busy and working over the weekend...
We do not know the timing but, there is a massive push in Iraq to go before Dec. 10th. They say that’s when they want to be complete – so IMO they need to go sometime this month. That makes the most sense.
The curfew begins at 12 midnight and will include Kurdistan.. New details regarding the population census, 12 NOV
The curfew begins at 12 midnight and will include Kurdistan.. New details regarding the population census
11/11/2024 Baghdad
Today, Monday, the Ministry of Interior set the date for the start of the curfew in Iraq for the purpose of conducting the population census, which falls on the 20th and 21st of this month, while revealing the entities exempted from the curfew.
The spokesman for the Ministry of Interior, Brigadier General Muqdad Miri, said during the joint press conference between the Ministry of Interior and the Ministry of Planning regarding the population census, "According to a royal order, the Supreme Security Committee for the Census was formed. It took several steps in all governorates and the region and provided protection for the cadres and devices used in the census and provided protection for the tablet centers."
He pointed out that "the census will be on the 20th and 21st of this month, and there will be instructions for a curfew. First, the curfew timing will begin at midnight on November 19th on the 20th at 12 midnight."
He added, "The movement of citizens, vehicles and trains between governorates, districts and sub-districts and between district centres is prohibited except in humanitarian cases and extreme circumstances. "
He pointed out that "those authorized by the security authorities, the statistics directorates, the store manager, and the employees of the Ministry of Planning are allowed to move to work on the census, as well as authorized journalists who carry official badges."
It is clear that "another exception is for all those charged with duties and diggers from the health and service cadres," noting that "the exception is for the movement of immediate ambulances, traffic and rescue vehicles, and workers in embassies and United Nations organizations."
For his part, the spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said: “It was a big challenge to have the census electronically through tablets, communications devices and other equipment,” indicating that “more than 120,000 enumerators will participate in the census process.”
He revealed, "The absence of a census created a large data gap, so this darkness that enveloped the scene will be illuminated through the census," adding, "We will draw a new map of the scene in Iraq that will be like a cat in the flesh to diagnose the problems existing there."
Al-Hindawi said, "All our work takes a year and a few months, while there are censuses that take five years to prepare for," noting, "We have completed all preparations and are waiting for the 20th and 21st to start the census and impose a curfew throughout Iraq."
He added: "Not providing data through families will produce an unclear picture, and we ask citizens to provide the correct information and prepare the required documents," noting that "our message to the citizen is not a security warning, but rather to have a stable picture to implement the census properly, and this is the history of Iraq." LINK
THE CURRENCY TRANSITION WILL BE COMPLETED BY DECEMBER 10TH BY FIREFLY, 12 NOV
Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Sudani on TV again saying the currency transition will be completed by December the 10th which is our Day of Victory relating back to the war...
FRANK: Pay attention to every word that Sudan says to you because every word I told you is heavily calculated. Every word is heavily measured. They are trying to tell you something...You know very well what he is saying. Congratulations.
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