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Banker: industrial cities reduce unemployment and dependence on imported goods
16-11-2013 12:34 PM
Baghdad (news) .. Banking expert Nafie stressed Elias Abbou, the importance of the industrial cities to reduce the phenomenon of unemployment and operation of labor and stalled factories and reduce the import process.
Abbo said: that the industrial cities is encouraging local industry and limit the import and export operations and reduce leaks to the outside currency, pointing out that these cities are creating competition from goods that will reduce dependence on imported goods.
He added: The industry is one of the core issues, which often start small and then expand by virtue of relations, production and demand for its products and this will be reflected on the country's economy and تنعشه even if it belonged to the private sector.
The Ministry of Industry and Minerals has allocated 150 billion dinars for the development of industrial cities in the country, according to local committee of economy and investment in the House of Representatives, stressing the need to approve a law to those cities at the moment for the advancement of the Iraqi economy. / End / 5.'s. M /
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16-11-2013 12:34 PM
Baghdad (news) .. Banking expert Nafie stressed Elias Abbou, the importance of the industrial cities to reduce the phenomenon of unemployment and operation of labor and stalled factories and reduce the import process.
Abbo said: that the industrial cities is encouraging local industry and limit the import and export operations and reduce leaks to the outside currency, pointing out that these cities are creating competition from goods that will reduce dependence on imported goods.
He added: The industry is one of the core issues, which often start small and then expand by virtue of relations, production and demand for its products and this will be reflected on the country's economy and تنعشه even if it belonged to the private sector.
The Ministry of Industry and Minerals has allocated 150 billion dinars for the development of industrial cities in the country, according to local committee of economy and investment in the House of Representatives, stressing the need to approve a law to those cities at the moment for the advancement of the Iraqi economy. / End / 5.'s. M /
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