Shahristani heads committee to encouraging investment in Iraq

Baghdad (IraqiNews.com) The Energy Affairs Committee within the Council of Ministers decided to form a committee chaired by the Head of Energy Committee, Hussein al-Shahristani, to assume encouraging investment in Iraq.The Committee reported in statement received by IraqiNews.com ”The Committee decided during Monday session to form higher committee to encourage investment in Iraq, ” noting that ”The formed Committee will be chaired by Shahristani and membership of Minister of Oil, Minister of Electricity and several experts within the ministries.””The committee will assume encouraging investment in Iraq by setting policies and plans to upgrade the investment sector and to overcome bureaucratic complications that hinder investment in State institutions since Iraq in need for electricity power in future,” the statement concluded. \END\