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The establishment of industrial cities introductions to ending the rentier economy

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The establishment of industrial cities introductions to ending the rentier economy

Friday 02nd October 2020 - 12:23
Baghdad - Awa - Ali Jassim Al-Sawad

Since the announcement of its ministerial platform, the current government has consistently maintained the multiplicity of sources of income, and the maximization of the state’s financial imports away from the monopoly of oil that has tightened its grip for decades on the Iraqi economy,

and it seems that the government's vision to achieve this goal has become translated on the ground after it has proven that its approach attaches importance Great in promoting national industry and establishing industrial cities,

because this sector is the de facto alternative to oil, which carries great material and economic benefits, as well as providing job opportunities for thousands of young people away from the public sector.

Perhaps the Minister of Industry and Minerals, Manhal Aziz Al-Khabaz, emphasized the government's interest in industrial cities projects, and its endeavors to establish industrial cities, indicates this reality.

Oil, translating its vision on the ground through the opening of a number of factories, as well as planning to establish five industrial cities in some provinces.

Factories opened

The Ministry of Industry and Minerals announced the opening of seven vital factories within a short, medium and long-term plan, which resulted in the opening of the medical oxygen gas production plant, which has been suspended since 2003,

as well as the opening of two new lines for the production of high-density polyethylene with large diameters and measurements, which is available at the General Company for Construction Industries.

The inauguration of the Mahawil bricks factory of the General Company for Construction Industries to produce bricks with a capacity of 30 million bricks annually,

in addition to the opening of the project for the production of pivotal sprinkler irrigation systems of the General Company for Construction Industries,

and the opening of the Badoush cement plant within the Badoush Cement Group after a 15-year hiatus, as its capacity reached Productivity is one thousand tons per day to meet the country's need.

The ministry had indicated that “the number of industrial projects operating until April of the year 2019 amounted to (2248) industrial projects,

while the number of fully established industrial projects for the same period amounted to (20415) industrial projects,

while it confirmed that (18,167) industrial projects were suspended from the work".

The ministry stated that it “has started implementing the axes of the government program for the years (2019-2022) and has been able to achieve various activities and achievements during the 100-day period,” noting that

“the most important thing that has been achieved is obtaining supportive and encouraging decisions for the national industry, namely the decision to sell on time and exempt the imported goods To the Ministry's companies from customs duties."

Industrial cities

Minister of Industry Manhal Aziz Al-Khabbaz chaired the second session of the Board of Directors of the Industrial Estates Authority to review and discuss the topics and paragraphs included in the session’s agenda, and included several topics,

including the topic of the joint economic city with the Jordanian side, the latest measures taken in this regard,

and a comparison of regulations for industrial cities in neighboring countries,

The issue of approving the operating budget of the Industrial Estates Authority for the year 2021.

He also discussed the Industrial Estates Authority Law,

the draft declaration of investment opportunities for the industrial cities,

the draft development contract and the draft industrial city lease contract,

in addition to reviewing the stages of progress and achievement rates for the industrial cities in the governorates of Basra, Dhi Qar, Anbar and other other paragraphs.

Al-Khabbaz stressed that the industrial cities projects take an important part of the government program and it is necessary to support them with all energies and capabilities,

calling for the construction of industrial cities according to real scientific foundations while benefiting from the experiences of neighboring countries in this field through conducting joint visits and meetings with these countries for the purpose of preparing and discussing The mechanisms necessary to establish industrial cities and attract investors in a correct manner in order to build real and successful industrial establishments.

He pointed out that the ministry has three industrial cities in the governorates of Dhi Qar, Basra and Anbar,

and that there is an endeavor to establish other cities in the governorates of Najaf and Nineveh,

stressing the need to advance in the private sector in order to absorb the workforce and provide job opportunities in light of the government’s drive to reorganize and restructure companies properly.

To make them productive and economically viable industrial enterprises.

Al-Khabaz called for amending some paragraphs of the Industrial Estates Authority Law in line with reality, and contributes to motivating and encouraging investors to establish and establish their industrial projects.

The advisor at the Ministry of Industry, Ammar Abdullah, told the Iraqi News Agency (INA): “The investment operations have been re-examined, re-evaluated, and new guiding foundations are re-established to facilitate the investment process in the Ministry of Industry and Minerals,” pointing out that

“more than 158 opportunities were granted in This year, while in 2018 there is one investment opportunity."

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