Alforat News

Iraq operates 140 factories and offers 196 investment opportunities

Industry Minister Saleh al-Jubouri revealed the preparation of 196 investment opportunities.

Jubouri said in a press interview that “the ministry has prepared about 196 investment opportunities for the purpose of concluding contracts for partnership with international companies solid under the laws and regulations in force in Iraq for the transfer of advanced technology and promote the industrial reality in the country.

He added that “the industry is faltering at the moment and the ministry is trying to restore it to its previous era by raising the slogan” Made in Iraq “and the re-operation of factories, where the ministry has about 140 plants currently working and the Ministry has an ambitious plan and a government program to effectively re-operate.

The Minister of Industry “on the importance of achieving security stability because of its positive repercussions on the economic reality in the country as the investor looking for a safe environment and a stable political situation to invest his money through the establishment of fruitful and successful projects.” Source