The General Bureau of the Free Zones associated to the Ministry of Finance announced an increase in the applications for investment in the three free zones distributed throughout the country.
The Director General of the Bureau, Sabah Salih al-Qaisi, said “The facilitations which were adopted by the Free Zones Bureau for the investment sector encouraged the local and foreign investors to submit their investment applications to the office for the purpose of establishing large industrial and commercial projects.”
“The tax exemptions and the customs facilitations as well as the easy procedures adopted to granting pieces of lands for the investors away from routine were the most prominent reasons for the popularity of those areas,” Qaisi assured.
IraqiNews.com
1 October