Investment is the solution: A call to save stalled Iraqi factories and prevent waste.
Investment is the solution: A call to save stalled Iraqi factories and prevent waste.
6-14-2026
Information / Baghdad –
Economic expert Hashim al-Haboubi called on the al-Zaidi government on Sunday to focus on reactivating factories and plants affiliated with the Ministry of Industry through investment, while simultaneously warning against the consequences of offering their assets for direct sale.
Al-Haboubi told the Information Agency, “The Ministry of Industry owns a large number of factories and plants with various important production capacities, which could generate enormous economic returns if they were to resume operations, especially since their workforce is already present and receiving regular salaries from the state without any real productivity.”
He added, “The process of rehabilitating these massive factories and plants requires substantial financial resources that could burden the budget. Therefore, the most suitable option for the government is to offer them for investment by specialized international and local companies.”
Al-Haboubi emphasized his “categorical rejection of selling the assets of these factories under any pretext,” describing this measure as “a blatant waste of public funds and a squandering of the state’s economic resources.”
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