Sami al araji biography of alberta
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Single window system:
Araji called the investment law to establish a single window department, which can be summarized as follows:
• One entity will take over all procedures related to investors seeking to bring their capital to Iraq.
• The National Investment Authority hopes to facilitate the legal and regulatory requirements facing investors.
• The National Investment Authority assists in collecting important information.
• Simplifying the administrative procedures facing foreign investors as they seek to enter the country, a necessary issue that is needed by foreign investors who are not accustomed to commercialization in Iraq.
• Currently, the One Window approach helps investors to obtain investment licenses and give them exemptions from taxes and customs.
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The authority has received many official delegations, businessmen and international companies, and the establishment of forums and various meetings, and signed various greements that facilitate the entry of investors to Iraq, and guarantee them many privileges and guarantees they need, in order to invest the natural and human resources available in the country.
– The National Investment Authority and its branches in the Iraqi provinces provide services to facilitate the process of granting investment license, through the application form of license , and the allocation of land and access to tax exemptions, and facilitate the entry and exit of investors and employees, and work to update the investment map which offer the investment opportunities distributed , Geographically on provinces and qualitatively according to the productive and service sectors annually.
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Detailed information about the market mechanism, details of the investment climate and economic effects, necessary translation services, and other necessary information, or so-called logistical support.
3. The identification:
The identification , meaning the potential of the National Investment Authority to identify the potential investor with different public and private contacts, to learn more about investment opportunities in Iraq, and the National Investment Authority also helps to create a broad network of work with local partners.
The role of the NIA is not limited to organizing the administrative work of foreign investors.
Under the auspices of His Excellency Prime Minister Nuri Al-Malki, Al Handal International Group and Bloom Properties signed a contract with the Iraqi National Investment Commission to develop the City of the Future on the outskirts of Baghdad. It will feature 30,000 residential units spread over an area of five million square metres and shall accommodate up to 150,000 people.
Expansion of investment projects:
Araji called on international companies and institutions to expand their steps, establish strong cooperation relations in the vital sectors of the Iraqi economy and to strengthen the bonds of work, investment and reconstruction in Iraq, which is one of the important countries in which investment opportunities are available in various fields.
Submit a document to attract foreign investment:
Araji worked on presenting a document to attract foreign investments into the country, to revive the economic situation in all its aspects, including details of the various investment opportunities that serve the citizen and his diverse and growing needs, and the investor and achieve the profit sought by him in terms of type, size and sector, and explain the specialty of each sector and its economic indicators, for all governorates of Iraq.
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The state’s confidence led him to excel in several tasks as he has worked in the Ministry of Industry and Minerals, including infrastructure reconstruction projects After the Second Gulf War.
Today, Sami al-Araji’s name emerged in a survey of public opinion in the Facebook page of the Iraqi economists , on “Who is the best candidate for prime minister in the next stage?”, With promising results for the Iraqi citizen’s awareness and respect for all Iraqi academics who hold doctorate, and Sincere businessmen and politicians to the country in which their names were put forwarded in the survey, but the name of Araji was clear and known for his achievements and loyal work to the country, despite the ordeal and tribulations and pressures, and the bloody and difficult days that passed through the country, where Araji received 57% of the votes, the comments were full of comfort , pride of the achievements of al-Araji, and his pride in his homeland, and some of these responses on the results of this referendum:
Economic Studies Unit
Rawabet Center for Research and Strategic Studies
In recognition of his outstanding scientific and professional carrier
College of Engineering, Michigan University Granted Dr.
Sami Al-Araji the Outstanding Graduate Award
Dr. (7) Regulating rent rates of land invested in different sectors.
11. Iraq’s National Investment Commission Chairman Sami Al Araji, signed the contract along with Mr. Hardan Al Handal, Deputy Chairman of Ashur International Bank Board of Directors, and Mr. Simon Azzam, Bloom Properties CEO, with the presence of His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum as partner with Al Handal International Group.\nThe project value is approximately 6.5 billion US Dollars and it is located 14.5km from Baghdad city Centre.
Basmaya residential project:
And the Bismaya residential project, which is one of the most important housing projects in Iraq and the region which has seen a remarkable development. He held important positions to serve his country Iraq with all sincerity and confidence. Araji stressed that there is no sector there isn’t an urgent need for investment.
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Sami Al-Araji, the chairman of The National Investment Commission was granted the Outstanding Graduate Award during a ceremony held in this occasion in recognition of his outstanding scientific and professional role he led in his carrier over the past years, both nationally and internationally.
Al-Araji who was a graduate from this university delivered a speech addressed both instructors and graduates of this year explaining the significant progress in the process of reconstruction in Iraq, the change from centralized economy to market – oriented economy in addition to the promising future of investment in various sectors in all Iraq provinces.
Al- Araji was congratulated by Michigan governor during his visit to Michigan, it should be noted that this award was granted annually to the owners who are distinguished for their pioneer role in their practical carrier to serve the community locally and internationally.
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Thousands of housing units and dozens of utility facilities have been built to add to what has been achieved in previous years and to open a new horizons for more developments in this huge residential project.The work was taking place at an accelerated pace, after the successes of the project during the past years, and the great stride made by building this city, which will be a leading contribution to civilization in Iraq, after years of lagging behind in this vital sector, as a result of the circumstances experienced by the country, which Prevented from keeping up with the world in this vital and important sector.
Araji in brief:
Sami al-Araji, is well known, but only to mention that just to remind that “Sami Raouf Taqi Mahdi Araji” was born in the city of Kadhimiya in Baghdad in 1945, and his diligence in school, was accepted on a mission to the United States to study engineering, and gained a Bachelor’s Degree in mechanical Engineering , He completed his master’s degree, followed by his PhD (1973), studied nuclear physics, returned to Iraq in 1975.
Support business process:
Al-Araji called for the investment law to support the business process, in the belief that the National Investment Authority will be able to help investors to identify the directives and instructions, including the preparation of a draft feasibility study required by the investor in order to submit an investment proposal and registration of the company in the Ministry of Commerce, to qualify it to work in Iraq.
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The Investment Map of Iraq (2018):
As for the investment map of Iraq in 2018, Al-Araji stressed Iraq’s true desire to receive companies and work with them to overcome any obstacles and accomplish the task of reconstructing and building Iraq by hosting Iraqi, Arab and foreign capitals to contribute to the transfer of technology and knowledge to the joints of the Iraqi economy which is transformed from the central economy to a market economy, where there is a competition , equal opportunity, and the encouragement of the private sector.
Legal amendments to facilitate investment in Iraq:
Amend the Investment Law No. (13) For the year 2006 to ensure ownership of land for national, Arab and foreign investors for residential projects under Law No. (2) For the year 2010 and amending the system no. He has an experienced experience in all fields, especially business and politics, known for his originality and clarity, and his intelligence in taking advantages of opportunities , a self made man ,built himself with his own intelligence and abilities , making the process of ascendancy at one pace despite the fluctuation of political circumstances , he held several important positions , most recently after 2003 as undersecretary of the ministry of industry and Minerals , then head of the National Investment Authority (NIA), from (2009) until writing this article , and what distinguishes Araji is his distinguished international political and financial relations that serve the supreme interest of Iraq.
Araji has helped the National Investment Authority to develop a clear vision for the needs of the Iraqi people and economy, using its position to promote investment that can address the country’s critical requirements, attract private capital and modern technology and employ it in business management, which is essential at this stage.
Logistics Support:
Al-Araji called for the investment law to provide logistical support to investors by assigning the staff of the National Investment Authority to assist investors in filling out visa application form, booking hotels, organizing arrival from the airport and transfers from and to hotels. It will be served by five commercial centers, 18 schools cover all stages, 12 kindergartens, many commercial buildings with dozens of shops as well as a modern hospital, a police center, a civil defense center, a mosque and a medical center.\nThis project is considered a great achievement for Al Handal International Group, which indicates the increasing technical and financial capacities of its work.
“Sami Raouf Taqi Mahdi Al Araji” can be described as a distinguished scientist, a veteran politician, a successful self-man, and a man of noble values.
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In order to facilitate investment in Iraq, Al-Araji is credited with achieving a lot of achievements, including the following:
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Investor’s Guide:
Investor’s Guide, which provides the necessary information to facilitate the entry procedures of investors to the Republic of Iraq and enjoy the advantages and facilities of the investment law and explain the investment environment and procedures for registration of companies and began work within Iraq.
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