Iraq … a strategic plan to operate and rehabilitate 285 factories

Iraq … a strategic plan to operate and rehabilitate 285 factories

08:54 – 10/28/2020

Iraq ... a strategic plan to operate and rehabilitate 285 factoriesBAGHDAD – Mawazine News
The Ministry of Industry and Minerals developed, on Wednesday, a strategic plan to operate and rehabilitate its factories to provide and support the ration card materials with the participation of the private sector.
According to the official newspaper, Murtada Al-Safi, the director of the Ministry of Information, said, “The ministry has developed a large strategic plan to operate the Ministry of Industry’s laboratories, which number 285 – 85 of which have been discontinued – and within the plan, all these factories will be operated in their full number.”
He added, “The ministry is determined to operate all of its factories, in addition to developing new laboratories to be added to the laboratories of the Ministry of Industry and Minerals.” Indicating that “the priority of rehabilitation of laboratories within the plan begins with the laboratories that need less than 30% of the funds and allocations to be rehabilitated to actually enter the work, and they will have priority, and then the rehabilitation of laboratories will be graduated according to the degree of their need for the assignments, while the laboratory that needs rehabilitation will be 100 % At the end of the list. ”
The ministry’s plan was divided into three sections: short from 6 months to a year, medium from one to 3 years, and long term from 3 years to 5 years, and according to the plan, most of the Ministry of Industry’s laboratories will work with the participation of the private sector, to promote the national industry and rely on the national product and to support Public budget.
Al-Safi states, “The ministry seeks to involve the private sector in the production of ration card materials, including sugar and edible oil, especially since raw materials are available in Iraq from the cultivation of sugar cane and beets, with the participation of Maysan and Mosul sugar factories.”
By rehabilitating these laboratories and with the participation of the private sector, Iraq will achieve self-sufficiency in the produced materials, especially after the completion of the implementation and rehabilitation of the laboratories. The ration card will contribute to providing hard currency and reduce the unemployment rate. ā€¯Ended 29 / A43

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