Baghdad Investment Commission Receives a Delegation of a Turkish Company for Building Furniture Factory

Mr. Shaker Aziz Al-Mosway has received a delegation of a Turkish company KARABULUTLAR that is specialized in general trade and reconstructions.Mr. Han Karabulutlar,the head of the delegation, expressed his desire to invest in the industrial sector where a furniture factory will be constructed on 2,000 M2.The actual allocated land of the factory is to be 1,000 M2 while the left area will contain stores, garages and a show for the products. The estimated coast of the project will be 1 million dollars. In addition to that, seven offices in all over Iraq will be opened to circulate the products of the factory. Mr. Han presents the premier designs to establish the factory and the delegation express their desire to invest in other sectors. From his turn Mr. Chairman confirms to the delegation his welcome to the Turkish companies for they have been the forerunners investors in Iraq and especially in Baghdad. He also expresses the readiness to offer all the facilities for any investor according to the investment law No. 13 for the year 2006.