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President of the Basra Investment Commission to discuss with the provincial council in Basra, the development of the industrial reality

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Shredd

Shredd
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President of the Basra Investment Commission to discuss with the provincial council in Basra, the development of the industrial reality

11.21.2011 | (Voice of Iraq) - Prime BIC Khalaf al-Badran with the head of the provincial council in Basra morning Albzona main obstacles that hinder the advancement of the industrial sector and the importance of development as well as ways to display plants and factories Basra to the major investment companies as The public sector is unable to allocate sufficient funds to operate and invest optimally.

During the meeting, see the needs of companies and investment possibilities that could develop fact industrial in the province of Basra, through the organization of investment partnerships to give effect to the reality of local industry and make Basra from the industrial cities being possessed of factories and plants making them eligible, and the establishment of major projects that contribute to job creation.

He Badran said the industrial sector today does not need loans just as it needs a lot of action before that, as well as the importance of providing electricity at a subsidized price because the dependence on the industrial sector in this It raises the cost of manufacturing. He pointed out that Iraq was greatly influenced by the economic opening and trade is considered to neighboring countries where exports to the list of importers of industrial goods, which require us to develop a joint plan to promote the reality of industrial during the preparation of strategic studies and support the potential of creating an environment appropriate investment to attract the competent foreign companies in this sector.

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