President of the Association of Iraqi private banks: Iraq does not build only his sons

Economy News Baghdad

The head of the Association of Iraqi Private Banks, Wadih al-Hanalal, stressed the need to build a generation of young people capable of building their cities destroyed by terrorism, stressing the need for an attractive environment to invest in these cities.

He said during the conference "Emancipation of liberated areas" held on the sidelines of the Baghdad International Fair, and attended by "Economy News", "Iraq is built only by his sons," stressing the "need to build a generation capable of this construction."

He added that "to achieve the construction process must be provided jobs for them through loans and initiatives provided by the banking sector in Iraq," pointing to "the need to provide investment environment for investors in liberated areas and give priority to the firm companies as well as the elimination of bureaucratic procedures."

The governor of Anbar province, Ali al-Dulaimi, said that the damage to the governorate's infrastructure ranged from 80 to 90 percent, adding that efforts had been made to return a large part of the displaced within four months of liberation.

He stressed that the province does not know how much its share of the "Kuwait Conference", "counting on the completion of the government lineup," as he put it.

He added that Anbar province will witness the establishment of several projects in the next year, including the sewage project worth 140 billion dinars.

Meanwhile, the director of the municipality of Mosul, Engineer Abdul Qader Jbeil Khader Habo, that "Da'ash destroyed on the right side 12 thousand housing units, was destroyed Al-Shifa Medical Complex, which is similar to the city of medicine in Baghdad, in full."
The financial adviser to the Association of Iraqi Private Banks, Samir Nusairi, said on the sidelines of the conference that "the destruction of the cities that he controlled calls for the need for many years of reconstruction," calling for "the need to take the government to the private sector to participate in the reconstruction process."
He stressed that the banking sector is struggling through its banking services to facilitate the reconstruction of cities destroyed by Dahesh.


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