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Experts call for support for manufacturing industries
Economical 2023/04/26
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Experts in economic affairs called for supporting manufacturing and public industries and creating real sustainable development for all sectors
different productivity.
International energy expert Mustafa Abdul-Hussein said, in an interview with Al-Sabah: “Ways to develop regional cooperation with countries of the world require a review of public policies in the field of energy economics and financial systems, and that Iraq has great opportunities at the national and international levels for the economy page to be the framework.” To build a large workshop in all sectors of the Iraqi economy with the aim of reviving indicators of the national economy, especially in the energy sector, which is one of the strategic and vital sectors of national income
Iraqi and guarantor for the development of local industries ».
He pointed out «the importance of opening advanced dialogues aimed at discussing strategic ideas in the field of strengthening the energy sector, since Iraq has a great opportunity in the field of investment, but we need a deep discussion of the business climate and indicators of the energy business sector in Iraq and an analysis of the links with economic business indicators.
affecting the energy sector.
Haider Kazem al-Baghdadi, a specialist in economic affairs, stressed that “the energy sector must be invested in a way that works to achieve the highest financial revenues for Iraq, by adopting phased strategic plans that contribute to making the energy sector a greater contributor to the multiplicity of revenues,” pointing to “the importance of advancing the reality of industries.” manufacturing in all its aspects, and making Iraq a major source of its products to global markets, especially since Iraq has commercial relations
with the world's major economies.
He pointed out that «the energy axis represents an important step on the road to achieving international companies that contribute to the creation of advanced transformation industries, especially since the country has successful experiences in this field and it used to cover the local market with many important products that support other industrial and agricultural sectors». The importance of investing in cooperation opportunities with specialized international companies to achieve effective economic development, in light of Iraq's possession of huge reserves of crude oil
in various regions of Iraq.
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