A Ph.D. dissertation at Basra University Entitled: The reality of industrial investment in Basra Governorate and its future prospects
By: Ishaq Nimr Abdul-Hussein Abdul-Mir
The dissertation has been examined at the department of Geography, College of Education for Human. Sciences, University of Basra.
Topic & Abstract: The dissertation tackles The thesis dealt with a study of the reality of transformative industrial investment in Basra Governorate for the period from (2009 - 2019), which is led by the local and foreign private sector in light of the orientation of economic policy in Iraq towards a market economy that accompanied the democratic transformation that Iraq witnessed after 2003, and focus on investment activity as a mainstay To advance the development process in all economic sectors, especially the industrial sector.
The thesis aims to reveal the extent to which industrial investment has been achieved in the province of Basra and to indicate its geographical components and its suitability for industrial investment activity in the province, and to reveal its industrial structure and its spatial distribution among administrative units, and then analyze and evaluate its existing reality by standing on the most important completed industrial investment projects according to their importance and economic efficiency. Determining the most important problems facing the industrial investment process and limiting its success, formulating solutions and strategies to address them, and then revealing its future prospects, whose features define a group of promising industrial projects of economic importance to the governorate.
The thesis concluded that, the industrial investment process is supervised by two government agencies that undertake the process of offering opportunities and granting investment licenses and licenses. Investment No. (13) for the amended year 2006. The study also revealed that the investment environment in Basra Governorate is an attractive environment for industrial investment as it includes important natural and human components that formed an encouraging factor to attract local and foreign investors towards it, and it was found that all operating industrial investments are owned by the local and foreign private sector.
The thesis recommended several proposals, including the necessity of facilitating the procedures related to granting investment licenses and cooperating with investors in obtaining sectoral approvals from government departments. And the necessity of unifying laws and regulations for industrial investment and collecting them in one law that includes all texts related to obligations, privileges, tax and customs exemptions, and limiting the conflict of legislation and laws related to this field. The role of financial and banking institutions should be activated in contributing effectively to supporting and facilitating investors' access to the necessary loans to establish and develop their industrial projects according to terms and easy benefits. And work on preparing an integrated database on the quantity and quality of mineral resources available in the study area. As well as enhancing societal awareness of the importance of investment and its role in supporting the economic development process. It is also necessary to give the investment offers submitted by foreign companies wishing to localize industrial investment projects in the field of renewable and clean energy production of utmost importance. In addition to the importance of activating protection measures for local products from competition with foreign goods, through the serious activation of the law on the protection of local products and the customs tariff law, and the control of border crossings in a way that guarantees industries the ability to grow and develop in the light of the external competition market.
