In an effort to continue its outreach to sources of foreign investment
funds, Ali Hati Mohammed Al Mousawe - the General Director of the National
Media Center (NMC) for the Prime Minister’s office invited SAK
representatives: Larry Sowell, Ammar Mahdi and Ahmed Radi Hadi to the
Council of Ministers Headquarters in Baghdad’s International Zone to
discuss ways in which the Prime Minister’s Office and the Council of
Ministers can coordinate their collaborative efforts with foreign
investors.
The NMC has a significant role in the Prime Ministers’ and Councils of
Ministers redevelopment initiatives of the citizens of Iraq. The NMC is
tasked to liaison between foreign Investors and the central government. It
also serves as a broadcast link between the Investors and the Iraqis who
will benefit the most from the 2010 initiatives. The NMC website,
http://www.nmc.gov.iq , links the announcements of activities of all
Ministries of Government, the National Investment Committee and outside
investors to those seeking such information.
Former Iraqi Economics Channel anchor and freelance journalist, Maha Talib
Ali Ali Marsomi, assisted in coordinating the meeting between SAK and the
NMC. Maha Talib Ali Ali Marsomi is developing a series of articles
chronicling the activities of one of the first foreign investment companies
to have established a permanent office in Baghdad. “I hope I can do
something to inspire my people. I hope that what I contribute will
encourage businesses outside of Iraq to come here and invest.”
Iraq’s investment opportunities are far greater than Petroleum and
Petroleum Exploration. Large scale redevelopment projects are on the
construction schedule of several ministries for fiscal year 2010. It
appears that for the first time since the 2003 liberation, the Iraqi
Government and Ministries will spend significantly more on infrastructure
improvements than security. Larry Sowell, SAK Project Director, stated all
indications imply that 2010 will be a very good year, not only for SAK, but
any company associated with infrastructure development. “Security in
Baghdad is improving, contrary to the perception of recent events; Baghdad
is becoming easier to navigate. I can move freely throughout the city
everyday I travel.”
We at SAK are grateful and encouraged that the National Media Center took
the opportunity to invite our staff for comprehensive discussions regarding
our investment strategy in Iraq. We welcome their offer to assist our
company in pursuit of our long term objective in Iraq whenever and wherever
possible. We look forward to a long standing collaboration with the
National Media Center and their staff for the benefit of the Iraqi people.
Sanna Al Kassir in conjunction with its partners operates offices in
Australia, China, Dubai, Jordan, Lebanon, Switzerland, Saudi Arabia and the
United States and has maintained an active presence in Iraq since early
2005
