The Babel Investment Authority follows up the procedures for granting an investment license for an i .............Date 2021-02-10


The Babil Investment Authority revealed that it obtained the approvals of the sectoral departments for the purpose of granting an investment license for a strategic industrial project The Chairman of the Investment Authority, Eng. Muhammad Jassim Zakum, said, "The project is to establish a chemical fertilizer plant, at a cost of more than $ 250 million." He explained that the project is within the private sector, specifically for Al-Reef Chemical Fertilizers Company, and is located in the Shomali district. Adding that the project is undergoing formal approvals in preparation for granting him an investment license, indicating the importance of the project in supporting the industrial side in the governorate and providing hundreds of job opportunities for the people of the governorate.