Yesterday , Tuesday, the Deputy Chairman of the Parliamentary Investment Committee, Hussein Al-Saabari, confirmed the vote on the Industrial Investment Law in the next session of Parliament, pointing out the importance of the law with regard to customs and tax exemptions, as well as the banks’ support for the industrial sector .
Al-Saabari said, “The House of Representatives will vote in the next session on the Industrial Investment Law, which is considered one of the important laws in the field of investment, and the law is considered the beginning of the industrial movement in Iraq .”
He pointed out that “this law is considered an important shift in industrial investment, as it contains many articles, including customs and tax exemptions, as well as bank support for the industrial sector and other articles that serve industrialists .”
Al-Saabari explained that “there is an article in the law that includes the ownership of land by industrial investors outside the municipality’s borders and the basic design.”
