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Political first: go to launch 60 industrial companies to invest

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Political first: go to launch 60 industrial companies to invest


Fawzi Hariri, the "morning": preparation of a strategy for developing the industrial sector


The government intends to put 60 companies from the Ministry of Industry and Minerals for investment.


The move comes with the preparation of a multi-faceted strategy to develop the industrial sector in the country during the next year. According to the Minister of Industry and Minerals Fawzi Hariri, in a statement to the "morning",


Companies that will be available for investment has economic viability, "adding that" all companies and the Ministry of Industry is open to investment. "Hariri said that the biggest challenge for the investor and the government is how to deal with surplus labor, noting that this issue was discussed during the meetings of the General Budget Law to include some of the items by the legal (budget) to resolve the angels is a way that addresses the issue of surplus without creating problems by providing jobs for those personnel and the adoption of salary or thrown into investment projects. "the minister continued:"


Iraq does not have yet a special law allowing privatization of state property, but can attract investors to the production partnership which is now available for the advancement of companies the ministry, "stressing the importance of" getting the support of parliament and government in the current stage of development of the industrial sector.


"It is said that Haider Abadi, deputy head of the economic, investment and reconstruction in the House of Representatives has revealed the" morning "In an earlier statement, on an investment plan to revive dozens of laboratories and factories in order to support national industry and the absorption of the phenomenon of unemployment, indicating that the new plan includes investing in cement plants and steel, textiles and paper, cars and equipment, oil and other sectors.


Linking the silky success of investments in the industrial sector improved security situation and increase budgetary allocations for the rehabilitation of this sector and to address the economic challenges, declaring for the preparation of an integrated strategy of the ministry for the coming year include continuing the process of rehabilitation and economic reform the ministry and companies to diagnose the challenges and the financing of some of the companies resolving the issue of surplus labor.


"and the need for the ministry to prepare legislation to facilitate the marketing of national products and to reduce exposed to the market open without import regulations so that the ministries are often products are imported from abroad without returning to the Ministry of Industry, "returned" licenses and import permits issued by the Ministry of Commerce is illegal, saying: "You have to have industrial products Farm shop or from within the country, "calling at the same time the House of Representatives to" speed up the enactment of laws to protect the national product and the Customs Tariff Law, which imported product subject to the tax, similar to world countries and the promotion of local production.

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