Loans and fuel provision .. Recommendations to the Council of Ministers to support the national industry
Loans and fuel provision .. Recommendations to the Council of Ministers to support the national industry
9/22/2020 14:19
Where news _ Baghdad:
The official in charge of private sector development in the advisory board in the Prime Minister, Hammoudi Abbas Al-Lami, confirmed today, Tuesday, that he submitted recommendations to the cabinet to support national production and industry.
According to the official agency, Al-Lami said, “The authority listened to many proposals during the seminar that it held in order to support the industry of sprinkler and drip irrigation systems, as well as discussing proposals related to providing facilities for the private sector to create job opportunities for the unemployed and contribute to the elimination of unemployment,” pointing out that ” The commission will work on submitting recommendations in this regard to the prime minister to approve these proposals and indicate the investors ’desire to establish a national industry for modern irrigation systems.
He pointed out that “some investors need financial loans at the initiative of the Central Bank, and others need disposal of the product to start producing it,” noting that “among the most important obstacles to the success of this experiment is to allow these systems to be imported from abroad, to not allow the local product to take place, and to not put in place plans to protect it.” “.
Al-Lami pointed out that “one of the most important recommendations that will be submitted to the prime minister is to activate the law to protect the local product, and to encourage the investor to improve production capacities and this leads to reducing costs,” noting that “the recommendations will also include providing fuel for these factories and reducing their prices in light of the great power outage.” Electricity and its scarcity in the country. ”
He stressed “the need to add to the Industrial Cities Law a clause through which the investor is allowed to own land, which encourages the establishment of integrated industrial cities,” noting that “the Minister of Industry and Minerals has adopted this issue and will submit to the Council of Ministers a proposal for this paragraph to give the investor the land.
alliraqnews.com
