Major international companies, announces its
readiness to finance projects of Iraq government in
amounts up to more than U.S. $ 10
billion
2009-11-07 20:40:53

BAGHDAD (Iba) .. said Iraqi businessman
Engineer Nizar Rifai "The company has already begun to send its delegates
to Baghdad to make the necessary arrangements
to start to bring in money and Starting a sum of 80 million euros, according to
escalate and the demand for funding from public and private sectors.

He Rifai told the independent press (Iba) ..
"The
Representatives of the company experienced a great difficulty in the process of
transferring the first batch of money to Iraq, where banks have been unable to
transform the civil so because of the limited amount of their capital, and here
we have to facilitate the coordination of this task and to start as soon as the
money to invest in various projects that will be distributed as between housing
and waste recycling and refining of oil, especially that Iraq desperately in
need of these projects because of the size of the deficit and plants extract
energy from waste plants and construction materials.

On the other hand between Yusuf Attar,
Chairman of the Kandy Krupp in Baghdad, said the company would deal with Iraq on an exceptional basis by giving
the benefits of reduced funding rates, and also be a long-term repayment
periods should not be less than ten years, depending on the type and the
possibility and the completion of each project.

The Al-Attar said the
company has very significant investments in America and Europe and many countries in the world.


وAnd Rifai, and
Al-Attar stressed that the first draft will be held in Baghdad in cooperation
with the Investment Authority, Iraq and Baghdad Municipality building will be
the highest tower in the capital and consists of 48 floors, where to locate the
land which will be set, and also how to use this tower to be the biggest mall
is not at the level of the region and the world and other project is to
establish the largest aqua park in the capital and theme parks for children and
other investment projects government stating that the large majority of these
projects will be implemented in cooperation with Al-Sayer Group of Companies in
Iraq. (النهاية)/... (End )/...


http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.ipairaq.com/index.php%3Fname%3Dinner%26t%3Dpolitics%26id%3D17121&rurl=translate.google.com