Complained investment Babil province body, on Sunday, the absence of the role of the banking pieces in supporting and financing investment projects in the province, and called for the development of laws and banking systems fit and with the spirit of the investment and enable him to progress, while confirming the existence of problems in the housing projects because of the failure to sign the final contracts with investors , the provincial council demanded that the owners set the experience and competence in the Commission to provide the best service to the province. The head of the Investment Commission of Babylon victory Hammoud said in an interview to the (long-Presse), said that "the province of Babylon, one of the attractive investment provinces because of its geographical position and historical significance and the available possibilities and experiences as well as the resources available in the agricultural, industrial and tourism aspects," noting that "the Commission granted 82 investment license since it was founded in 2008 and so far in several different economic sectors, including housing, industry, agriculture and the cities of games and malls and medical buildings. " He added Hammoud, that "many of the problems accompanied the housing projects because of the failure to sign the final contracts with the investors, especially those belonging to the Ministry of Finance, although the body and placed these projects among the priorities of its work," adding that "Kawthar housing complex is one of those projects where reached completion rate of 27% which was pulled from the company executing the work. " Hammoud stressed that "the absence of the role of the banking sector on the impact of investing heavily being a factor in support of project financing", calling for "the development of banking laws and regulations to fit in and with the spirit of investment and enable him to progress." He called Hamoud, the provincial council to "seek to complete the Board of Investment Authority management by appointing an experienced and efficient figures may provide the best to maintain the service," asserting that "the Commission is working actively to declare Babylon resort as an investment opportunity and to approve the investment license to create 85 house to the Integrity Commission and areas of construction and food industries in terms of rump. " SOURCE