MarkZ
[via PDK]
I find things are pretty interesting on who is where…. Right now we are being told Sudani is in Prague, one of his top deputies is at the US in New York…Pres.
Trump is now sitting down with India’s Modi …so let’s think BRICS…let’s think World court…. Let’s think UN for monetary values change…. We are talking World court, UN, and pretty much everybody is where they should be to make something move. I enjoy watching geopolitical moves right now.
BRITISH AMBASSADOR TO NINA: BAGHDAD AND LONDON WILL IMPLEMENT MAJOR PROJECTS AND OUR COMPANIES ARE READY TO INVEST IN IRAQ
The British Ambassador to Iraq, Stephen Hitchcock, confirmed that British companies are very willing to invest in the Iraqi market.
Hitchcock said in a statement to the National Iraqi News Agency ( NINA ) that “diversifying the Iraqi economy and sources of national income has become necessary to face the challenges of the decline in global oil and gas prices, and to enhance the revenue cycle that Iraq relies on within the year 2040.”
“During Prime Minister Mohammed Shia al-Sudani’s recent visit to London, agreements were signed for major projects worth £12 billion, which do not include BP investments,” he added. “This is a major advance in the readiness and willingness of British companies to work in Iraq, and the Gulf states are also well prepared to invest in Iraq,” he said, noting that “one of the agreements signed by the governments of Iraq and Britain relates to a British energy technology company linking the Iraqi national grid with the Saudi electricity grid.”
He explained that “BP, a private company not affiliated with the government, has decided to invest again and expand its operations in Iraq, and this is evidence that British companies in general are more willing to invest in the Iraqi market, which reflects investors’ confidence in the country’s future.”
CRYPTO TRADER
LAUNCHING THE IMPLEMENTATION OF THE {FURSAN} RESIDENTIAL CITY.. AND AL-SUDANI: IRAQ IS FACING A NEW INDUSTRIAL RENAISSANCE
Prime Minister Mohammed Shia Al-Sudani launched, today, Wednesday, the executive works for the development project of the Al-Fursan residential city in the Al-Nahrawan area in Baghdad, on an area of approximately (24,197) dunums, which includes the allocation of serviced residential lands distributed to members of the Ministry of Defense.
Al-Sudani handed over land ownership deeds to a number of families of martyrs from the armed forces.
Al-Sudani appreciated the efforts of the Ministry of Defense and other ministries supporting the launch of this project, stressing the work to provide serviced residential plots in the rest of the governorates, and directing the generalization of this experience to members of the rest of the other security agencies, indicating that the Knights City project will be implemented by the real estate developer and planned and implemented by the Ministry of Defense, with the support of the Ministry of Construction, Housing, Municipalities and Public Works, with the developer company obligated to implement with full specifications, and construct part of the basic services such as schools, health centers and service departments.
He explained that the project is one of the government’s paths to address the housing crisis, and a model in the governorates to include all members, officers and leaders of the Ministry of Defense, stressing that the government left the issue of distributing residential lands without infrastructure services, or designs that are appropriate for modern cities and various requirements.
Al-Sudani referred to the residential cities that will be implemented for the members of the armed forces, including the Al-Ghazlani City project in Mosul, and another city in Basra, in addition to laying the foundation stone for the 6th of November City in Taji, to cover the needs of housing units for citizens and members of the security services.
The following are the most important points made by the Prime Minister:
– The Ministry of Defense personnel defended the greater homeland, and we must provide them with a small homeland represented by a residential plot of land and decent services. We have a new city, “City of Roses,” at the level of a new governorate. It was referred to the investor, and we completed the contracts and its design, and implementation began.
– More than 110,000 housing units will be completed in “City of Roses”, which is 3 km away from the “City of Knights” residential project.
There is a 17 km road under construction, linking central Baghdad to the new residential cities and reaching the city of roses.
– Within the Baghdad Metro plan, new residential cities have been linked, and we are in the process of negotiating with international companies to implement this vital project.
The government has taken into consideration the advance planning for the next 30 years regarding the provision of services, means of transportation and a road network.
I renew the call to the private sector and businessmen to proceed with the implementation of housing projects and real estate development in Baghdad and the governorates, and the government will provide all facilities.
We call on the private sector to establish construction materials factories in light of the great urban renaissance in the country, as what is available does not cover the actual need. The number of housing units in projects signed by the government has exceeded one million units.
The sovereign guarantees provided to the private sector confirm that Iraq is facing a new industrial renaissance for the emergence of national factories that cover the needs of the market. The government is obligated to provide basic services such as sewage networks, drinking water, electricity, communications, and roads.
(After 20 years the grid is still not fully functional. How is the government providing for electricity then? All talk…. How many times do we have to hear this before they actually do it?)
EXCERPTS FROM MNT GOAT
I was reminded yesterday on my call to my contact int the CBI to remember that the reinstatement plan always calls for monitoring for inflation at each stage of the process.
I was told they are moving in to, yet another stage and they are going to take some time to watch for inflation and see how the market reacts to this move. How long we don’t know but what we do know it can’t be that long of a period as Iraq will need currency for trade.
I was told the dollars are not going away but CASH dollars in physical form are no longer be allowed in Iraq.
Once this move settles down and “if and only if” the money laundering ends (Rafidian Bank), we have a VER Y good chance of moving to the next stage which will be the Project to Delete the Zeros.
