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People & Institutions

Ahmed Mahdi Matar

Investment licence of the National Investment Commission, for the project: International Green Buildings factory.

احمد مهدي مطر

All investment licences

Legal status

Not charged as of the date of writing

Not charged as of the date of writing. No court ruling, Integrity Commission statement, audit bureau finding, sanctions listing or credible press accusation naming this licensee was found. A report of 3 June 2023 says the Babil Investment Commission withdrew the licence of a project called Babylon Plaza Hotel held by a local investor after 7 years of delay. The report does not name the investor, so the link to this licensee rests on the project name alone. Delay is the reason given. No charge, court ruling, sanction or official finding was found in the sources read. The search of public sources is not complete. Status as of 5 October 2026.

The search of public sources on this licensee is not yet complete.

The licence as listed

The list of licensed projects of the National Investment Commission.
Licensing body
National Investment Commission
Licence number
82/2016
Date of grant
14 March 2016
Sector
Industry
Project
International Green Buildings factory
مصنع المباني الخضراء العالمية
Licensee
احمد مهدي مطر (Iraqi)
Province
Babil
Location
بابل
Stated cost
$6 million
The list gives the cost in dinars. It is converted here at 1,190 dinars to the dollar.
State of the project
Contract not signed (0% complete)
The commission's remarks and obstacles
· لم يتم تسليم الأرض وتوقيع العقد من قبل الجهة المالكة للأرض عقارات الدولة / وزارة المالية .

Who is behind the licensee

individual
People connected with the licensee
NameRoleLegal statusSource
Ahmed Mahdi Matar
احمد مهدي مطر
licensee of two Babil licences: Babylon Plaza Hotel (NIC licence 65/2015) and Global Green Buildings factory (NIC licence 82/2016, listed under this name)Not charged as of the date of writing
Not charged as of the date of writing. Named in the NIC list as an investment licensee only. A report of 3 June 2023 says the Babil Investment Commission withdrew the licence of a project called… Read the rest Babylon Plaza Hotel held by a local investor, whose name the report does not give. The link to this licensee rests on the project name alone. The report gives delay as the reason and alleges no wrongdoing. Status as of 5 October 2026.
964media.com

What official and press reports say

Official findings
The Babil Investment Commission withdrew the licence of the Babylon Plaza Hotel project, according to 964 (3 June 2023). The stated basis is Investment Law No. 13 of 2006 as amended, and the stated reason is delay of work over 7 years. No finding of corruption or wrongdoing is reported.
What became of the project
The NIC list records licence 65/2015 of 15 November 2015 for the Babylon Plaza Hotel (فندق بابل بلازا) in Babil, sector tourism, nationality Iraqi, at a stated cost of IQD 22,838,730,000. Completion is recorded as 0. The obstacle recorded is «لم يتم توقيع العقد مع بلدية الحلة لغاية الآن ولم يتم تسليم الأرض لوجود تعارضات», that is, the contract with Hilla municipality was not signed and the land was not handed over because of conflicts. On 3 June 2023, 964 reported that the chairman of the Babil Investment Commission, Mohammed Jasim Zakam, announced the halt of work on four investment projects and the withdrawal of the licences after work stalled over 7 years. The licences named were a ceramics plant of a Chinese company, the Babylon Plaza Hotel of a local investor, a glass bottle plant of a local investor and a commercial centre of a local investor. The report names no investor. The match with this licence rests on the project name, the province, the local investor and the length of the delay. The Global Green Buildings factory is not among the four named.
Other contracts with the state
The NIC list shows a second licence under this name: 82/2016 of 14 March 2016 for the Global Green Buildings factory (مصنع المباني الخضراء العالمية) in Babil, sector industry, nationality given in the feminine form «عراقية», stated cost IQD 7,162,500,000, completion 0. The obstacle recorded is that the land was not handed over and the contract was not signed by the landowning body, State Real Estate of the Ministry of Finance (عقارات الدولة / وزارة المالية). No other contract or licence was found.

Sources

  1. بابل تعاقب شركة صينية ومستثمرين: استنفذوا كلّ الفرص ولا مكان لـ "المتلكئين", 964 (Network 964), 3 June 2023 Tier D
    أكد رئيس هيئة استثمار بابل محمد جاسم زكم، السبت، إيقاف العمل في 4 مشاريع استثمارية وسحب رخص الشركات المنفذة بعد تلكؤ العمل على مدار 7 سنوات.
  2. Same article, on the licences withdrawn, 964 (Network 964), 3 June 2023 Tier D
    الإجازات الاستثمارية التي تم سحبها هي؛ معمل إنتاج السيراميك لشركة صينية، فندق بابل بلازا لمستثمر محلي، معمل إنتاج القناني الزجاجية لمستثمر محلي ومركز تجاري لمستثمر محلي.
  3. Same article, on the legal basis, 964 (Network 964), 3 June 2023 Tier D
    المشاريع شملت إجازات استثمارية في مجالات السياحة والتجارة والصناعة، وقرار سحب الرخص يستند إلى قانون الاستثمار رقم 13 لسنه 2006 المعدل.

Other licences of the same licensee

  • Babil Plaza hotelNational commission, 15 November 2015, $19.2 million, Contract not signed