Free Zones conclude investment agreement

Baghdad (IraqiNews.com) The Commission General of the Free Zones within the Ministry of Finance announced signing a contract with an investment company in Khur al-Zubair in Basra province.The Commission General reported in statement received by IraqiNews.com on Tuesday ”The investment company, Noor al-Helal, which is considered the only representative of Itehad Cement Company in Iraq, has concluded an investment agreement to establish a project to import the shipments related to cement industry and to store it in the Free Zones in Khur al-Zubair area in order to facilitate providing the high quality cement for beneficiaries in Iraq.””The Free Zones in Khur al-Zubair witnesses a growing activity during the recent duration since the companies and investors are interested in establishing projects in the Iraqi Free Zones to take advantage of the investment opportunities that the Commission General provides for them,” the statement added. \