Based on the amended Council of Ministers Decision No. (245) for the year 2019, and the amended Investment Law No. (13) for the year 2006, as well as the applicable regulations and instructions, the Babylon Investment Commission announces an investment opportunity to establish an industrial project:
(PET Plastic Paper Manufacturing Plant)
Project Location:
Part of plot number (3/16, District 29 – Abu Ajareb), with a total allocated area of 5 dunams, owned by the State Real Estate Directorate.
Project Description:
The project involves the establishment of a PET Plastic Paper Manufacturing Plant on the aforementioned plot. All requirements related to this investment opportunity must be met.
The announcement period begins from the date of the above letter. Interested investors should visit the commission headquarters located in Downtown Hilla – Bab Al-Hussein Intersection to obtain the required documents, terms, conditions, and application form, for a non-refundable fee of 1,500,000 IQD (One million five hundred thousand Iraqi Dinars only).
Deadline for submission:
Tuesday, 2/9/2025 at 12:00 PM.
Applications will be opened after this time. If the deadline falls on an official holiday, it will be extended to the next working day.
Note:
A special conference will be held to answer inquiries from interested investors on Tuesday, 26/8/2025 at 10:00 AM at the commission headquarters.
Important Notice:
Investors and investment companies applying for this opportunity are required to carry out additional works for public service, not exceeding 10% of the project value, depending on the nature of the project. This requirement is considered a preferential evaluation criterion.
With appreciation,
Eng. Raad John Al-Makhzoumi
Director General / Chairman of the Board / Acting
Investment Opportunity Announcement No. (21) for the Year 2025 Investment Project: (PET Plastic Paper Manufacturing Plant)