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Iron and Steel Company: Iraq is on the verge of a major industrial revolution
Iron material
Sweeteners
Economy News - Baghdad
The General Company for Iron and Steel in Basra Governorate revealed, on Sunday, the government’s agreement with a Chinese company to establish an industrial city with an area of 3,000 dunams.
While it saw that Iraq is on the verge of a major industrial revolution, it confirmed that
Prime Minister Muhammad Shiaa al-Sudani is interested in supporting the iron and steel industry and supporting the product. the local.
The Director General of the company affiliated with the Ministry of Industry and Minerals, Abbas Hayal, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that
“there is great governmental interest and from the highest executive authority, represented by Prime Minister Muhammad Shiaa Al-Sudani, in industrial projects that have been halted for more than two decades.” For a period of time, the General Iron and Steel Company stopped working in 2003 before it resumed work. He added,
“The government’s interest does not depend only on making allocations in the budget law, but there is personal follow-up by the Prime Minister, through the Minister of Industry and Minerals, for the development and progress of work and achievement.
An official position is submitted monthly to the Prime Minister, and
he follows up and overcomes obstacles in many matters through "Make quick decisions and even communicate directly with the relevant ministers." He continued,
"Our company is not the only one specialized in iron and steel.
Rather, there are companies in the private sector that also produce rebar, for example.
We had a meeting with the Prime Minister about two weeks ago under the auspices of the Board of Advisors, and
there is a special committee formed to follow up on the development of the national industry, and in fact,
among the demands was to protect the product."
The National Bank, the government and the Council of Ministers were truly supportive and decisions were actually issued to protect the national product, especially rebar.” He noted that
"with the large reconstruction and construction movement and
the drive to build more than a million housing units,
there are existing factories in Iraq and new factories currently being built in several governorates, and
there is a tendency for the government to contract with one of the large Chinese companies in the field of iron and steel, and it was visited in China before."
A delegation headed by the Minister of Industry and Minerals, Khaled Battal, and I was one of the members of the Iraqi delegation, and
now there are negotiations during this period, and
two days ago there was a meeting in the Ministry of Industry and Minerals.” He pointed out,
"Also this week we have meetings with the Chinese company.
This company was granted three thousand dunums of iron and steel land,
and a large industrial city will be built.
This matter receives the care and attention of the Prime Minister, and
this will bring about a major industrial revolution within the country in addition to the existing factories." Including the iron and steel factory,
to meet the local need not only
in terms of prices, but also
in consumer protection and the
high quality of the Iraqi rebar produced in our company with high quality.
Sometimes there is no control over the border crossings and some types of rebar are entered that are not within the specifications. "required." He noted that
"the iron and steel factory in Basra has been halted since 2003, and
its capacity after the completion of work on it will reach more than 600 thousand tons and the contract capacity is more than 500 thousand tons, and
we will begin production at contract capacities," pointing out that
"during the next few months we will witness the opening of the steel factory." Which produces (billet) and which is complementary to the (rolling mill) factory, and
Iraqi production will meet an important aspect of the national need.”
200 views Added 03/17/2024 - 8:41 PM
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Iron material
Sweeteners
Economy News - Baghdad
The General Company for Iron and Steel in Basra Governorate revealed, on Sunday, the government’s agreement with a Chinese company to establish an industrial city with an area of 3,000 dunams.
While it saw that Iraq is on the verge of a major industrial revolution, it confirmed that
Prime Minister Muhammad Shiaa al-Sudani is interested in supporting the iron and steel industry and supporting the product. the local.
The Director General of the company affiliated with the Ministry of Industry and Minerals, Abbas Hayal, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that
“there is great governmental interest and from the highest executive authority, represented by Prime Minister Muhammad Shiaa Al-Sudani, in industrial projects that have been halted for more than two decades.” For a period of time, the General Iron and Steel Company stopped working in 2003 before it resumed work. He added,
“The government’s interest does not depend only on making allocations in the budget law, but there is personal follow-up by the Prime Minister, through the Minister of Industry and Minerals, for the development and progress of work and achievement.
An official position is submitted monthly to the Prime Minister, and
he follows up and overcomes obstacles in many matters through "Make quick decisions and even communicate directly with the relevant ministers." He continued,
"Our company is not the only one specialized in iron and steel.
Rather, there are companies in the private sector that also produce rebar, for example.
We had a meeting with the Prime Minister about two weeks ago under the auspices of the Board of Advisors, and
there is a special committee formed to follow up on the development of the national industry, and in fact,
among the demands was to protect the product."
The National Bank, the government and the Council of Ministers were truly supportive and decisions were actually issued to protect the national product, especially rebar.” He noted that
"with the large reconstruction and construction movement and
the drive to build more than a million housing units,
there are existing factories in Iraq and new factories currently being built in several governorates, and
there is a tendency for the government to contract with one of the large Chinese companies in the field of iron and steel, and it was visited in China before."
A delegation headed by the Minister of Industry and Minerals, Khaled Battal, and I was one of the members of the Iraqi delegation, and
now there are negotiations during this period, and
two days ago there was a meeting in the Ministry of Industry and Minerals.” He pointed out,
"Also this week we have meetings with the Chinese company.
This company was granted three thousand dunums of iron and steel land,
and a large industrial city will be built.
This matter receives the care and attention of the Prime Minister, and
this will bring about a major industrial revolution within the country in addition to the existing factories." Including the iron and steel factory,
to meet the local need not only
in terms of prices, but also
in consumer protection and the
high quality of the Iraqi rebar produced in our company with high quality.
Sometimes there is no control over the border crossings and some types of rebar are entered that are not within the specifications. "required." He noted that
"the iron and steel factory in Basra has been halted since 2003, and
its capacity after the completion of work on it will reach more than 600 thousand tons and the contract capacity is more than 500 thousand tons, and
we will begin production at contract capacities," pointing out that
"during the next few months we will witness the opening of the steel factory." Which produces (billet) and which is complementary to the (rolling mill) factory, and
Iraqi production will meet an important aspect of the national need.”
200 views Added 03/17/2024 - 8:41 PM
[You must be registered and logged in to see this link.]
