Baghdad / NINA /- Prime Minister Muhammad Shiaa Al-Sudani called on the private industrial sector to invest in the raw materials available in Iraq.
A statement from his media office stated that Al-Sudani launched, today, Thursday, in Al-Najaf Governorate, the executive work in Al-Diyar Al-Iraqiyya Glass Production Factory project.
According to the statement, the project is the first to be implemented in accordance with the sovereign guarantees approved in the budget, and in cooperation between the Trade Bank of Iraq (TBI) and the German Export Bank. It also represents the most important forms of cooperation between Iraq and Germany, the foundations of which were laid during his visit to the German capital, Berlin.
Al-Sudani blessed the launch of work in this important project, and appreciated the efforts of the Industrial Estates Authority, the Ministry of Industry, and other supporting parties, stressing: “This factory is being implemented in an industrial city by an investor who has undertaken to provide all services. The industrial city is also preparing to embrace industrialists and provide land and services, which is a feature that we aspire to be implemented in all governorates.”
The Prime Minister indicated that the new project is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to plan and schedule.
The Prime Minister affirmed the government’s support for the private sector, and the provision of guarantees for all priority projects, especially the housing and construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage, calling on the serious private sector to invest in this important opportunity. As the government continues to remove obstacles and bureaucracy, this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities.”/End
ليصلك المزيد من الأخبار اشترك بقناتنا على التليغرام
A statement from his media office stated that Al-Sudani launched, today, Thursday, in Al-Najaf Governorate, the executive work in Al-Diyar Al-Iraqiyya Glass Production Factory project.
According to the statement, the project is the first to be implemented in accordance with the sovereign guarantees approved in the budget, and in cooperation between the Trade Bank of Iraq (TBI) and the German Export Bank. It also represents the most important forms of cooperation between Iraq and Germany, the foundations of which were laid during his visit to the German capital, Berlin.
Al-Sudani blessed the launch of work in this important project, and appreciated the efforts of the Industrial Estates Authority, the Ministry of Industry, and other supporting parties, stressing: “This factory is being implemented in an industrial city by an investor who has undertaken to provide all services. The industrial city is also preparing to embrace industrialists and provide land and services, which is a feature that we aspire to be implemented in all governorates.”
The Prime Minister indicated that the new project is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to plan and schedule.
The Prime Minister affirmed the government’s support for the private sector, and the provision of guarantees for all priority projects, especially the housing and construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage, calling on the serious private sector to invest in this important opportunity. As the government continues to remove obstacles and bureaucracy, this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities.”/End
ليصلك المزيد من الأخبار اشترك بقناتنا على التليغرام
