Industry: the decision to ban the import of cement provides $ 600 million annually

2/20/2017 0:00 

BAGHDAD / Mohammad Abdali        
According to the Ministry of Industry and Minerals that the decision to ban the import of cement material contributes to the saving of nearly $ 600 million annually. 
He said ministry spokesman Abdel Wahed al - Shammari told the "morning": that national support of the industry in general and the cement industry in particular, has become a reality represent an increase of production capacity of the material in question, as the increase in sales of domestic plants , including the size yielded 40 percent of what they used to be Previously. 
He added that the decision to ban the import of cement could be the ministry of saving $ 600 million annually, stressing its drive to transform the cement plants in the provinces of Kirkuk and Karbala, Muthanna, Basra losing coefficient to winning, cross - referral of these plants on investment, as well as the conclusion of joint contracts with the private sector rehabilitation and operation. 
Shammari pointed out that " to support the country 's economy will be through the provision of funds to be reckoned with in hard currency was spent on the import of cement imported , which can not match the quality of the local cement", noting that the national laboratories were complaining of unfair competition with foreign counterparts, because of the situation is stable that was passing in the country. 
A spokesman for the Information Office of the Prime Minister Saad al - Hadithi, had said last Thursday, transform loss - making cement plants to profitable within the government 's plan to promote the local economy, while noting achievable financial return is estimated at 51 billion dinars, revealing the contribution of the move blocked the country 's need of material, thus reducing the price per ton of them to 100,000 dinars. 
And articulated the official spokesman for the Ministry of Industry, for the local consumer confidence in the national product, is returning to the market after that proved Iraqi cement companies the efficiency of its production of material on the market and fill his need them, as well as to keep a fixed price per ton of it to no more than 100 thousand Dinar. 
And these achievements come, within the government 's reform program aimed at restructuring the Iraqi economy and diversify sources of income and transferred from the consumer to yield economy vibrant economy productive in nature, in order to contribute to Khvz government spending at high rates. 

[You must be registered and logged in to see this link.]