Mafraq investors, businessmen want quicker processing of transactions

MAFRAQ — Investors and businessmen in Mafraq mentioned red tape, long complicated paperwork and a multitude of official entities they have to deal with as investment impediments. In order to improve the investment process, they recommended the use of technological methods to facilitate the completion of transactions and computerising departments that still work in traditional ways, causing many transactions to be delayed for many months.

Mafraq Chamber of Commerce President Abdullah Shdeifat said the centralisation of decision making without delegation of authority hindered the interests of businessmen and investors, piling up transactions at the headquarters for a long time. Shdeifat stressed the importance of training employees through special workshops to improve performance and to cope with changes.

Mafraq Pharmaceutical Manufacturing Company Director Eid Abu Dalbouh urged the government to support food and medicine institutions to facilitate local pharmaceutical production and improve economy. Mafraq Development Corporation CEO Nayef Al Bakhit underlined the role of the investment window in facilitating investment measures, especially saving time and effort.