The National Investment Commission (NIC), and the State Company for Drugs and Medical Appliances, have announced an opportunity to invest in the rehabilitation, modernization and operation of the Samarra drugs plant.
In a statement, the NIC said:
“It invites reliable Arab and foreign companies directly or their agents – not mediator or supported – to participate in this investment opportunity to rehabilitate and modernize this plant on basisof participating in management, production, increasing the production capacities and take pasrt in this valuable opportunity to satisfy the Iraqi market demands and for the economic feasibility and the realizable privileges for the investors such as the availability of the essential materials for production .
“Willing investors can obtain the investment profile from the company HQ in Samarra as per the companies law no. 22 for the year 1997 as amended, article 15/3rd ; for an amount of (500,000) IDR non- refundable.
“The company shall offer all detailed information and facilitate the visit to the plan. Applications shall be according to the terms stated in the investment profile , provided that applications should be submitted by a sealed envelope before the end of the work time of Thursday 12.07.2018.“
The Ministry of Oil has said that investors interested in th3e 70,000-bpd Diwaniya refinery project have until the end of July to submit documents.
The full statement from the Ministry is shown below:
The ministry of oil would like to Re-announce for the investment refinery in Diwaniya governorate with a capacity of 70 thousand barrels / day.
re-announced for the investment refinery in Diwaniya governorate with a capacity of 70 thousand barrels / day.
The execution is according to the methods of BOOT or BOO and according to the investment law of the refineries No.64 for the year 2007 and its amendments.
The products of the refinery must be environment friendly according to the international standards.
The tax breaks must be according to the investment law No.13 for the year 2006.
In accordance with the second amendment of the investment law No.64 for the year 2007. The subtraction on the crude oil price over the ship is (8%) “The subtraction must be more than 5$ and less than 10$ of the global price”.
The studies, planning and follow-up directorate in the ministry of oil have prepared the data portfolio of the refinery and the price of the data portfolio shall be (30) thousand dollars “nonrefundable”.
The closing date of selling data portfolios is at the end of the work hours of Thursday the 14th of June 2018.
The receipt of the documents from the companies whom would like to invest in the above mentioned refinery must be to the end of the work hours of Tuesday the 31st of July 2018.
The presentation of the documents will be to the Studies Planning & Follow-up Directorate directly in a closed envelop. Otherwise the documents will be rejected.
For further information please contact the E-mails (email@example.com) or (firstname.lastname@example.org).