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ABOUT Privatization & Investment Board |
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The Board was established under the provision of Article (5) of
Law No (9)
of 2010 for promotion of investment of foreign capital. The law entrusted it with
the responsibility for application thereof in all fields allowed for investment.
The law specified in Article (6) the tasks of the Board |
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MISSION OF Privatization & Investment Board |
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Working to encourage the investment of foreign capital and promote investment projects
by various means and are especially
Study and proposal of the plans for organising foreign investment and supervision
thereof in the country.
To receive applications for investment of foreign capitals and specifying their
fulfilling the legal conditions, and economic feasibility study for the investment
projects and presenting its recommendations in this respect to Secretary of General
People’s Committee for Economy and Commerce.
Consideration
of the complaints / appeals presented thereto by the investors or disputes arising
from applying the provisions of this law, without prejudice to the right of the
investor to complaint / appeal and litigation.
State
of investment legislations and revision thereof from time to time, and presenting
its proposals for development thereof to the competent body. |
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