Economist: we seek to raise the contribution of the industrial sector to the total output of more than 10%
Baghdad / al-Suhail Ahmed
[ltr] Your national team to prepare strategy emphasized the promotion of the private sector, local industry, on Friday, said the aim of the national team, is to take over the drafting of a package of measures and policies in the economic sectors to maximize public revenues and rationalizing government expenditures. While he noted that the central bank will give soft loans to development banks, in order to give loans for projects, he said the main objective is to raise the percentage contribution of the industrial sector product (GDP) to more than 10% to reduce dependence on oil revenues.
A member of the national team, in charge of the management of the industrial file, the name of Anton, in an interview for the "long" that "the goal of the national team of economic elites and competencies, is to take over this team drafting a package of measures and policies in the economic sectors to maximize public revenues and rationalize government expenditure . "
He continued by saying that "the team is also the formation of specialized working groups to develop the procedures, which were divided into several teams sectors: industrial, agricultural, commercial and tourist Foundation funding banks, transport and communications and improve the business environment to intensify actions and to maximize resources."
He pointed out, "it was to identify economic and industrial perspectives, the private sector a leading role in it, to start a transaction, and provide advancement of this sector, such as power for industrial zones and soft loans for industrialists and the application of legislation and the four laws related to this file requirements, such as the customs tariff and the law of product protection and consumer protection and Prevention Act dumping as well as activating the role of the Central Agency for Standardization and quality control and prevent the entry of goods shoddy. "
Anton said: "to improve the performance of the projects should go into the purchase and restructuring of industrial companies process, and we have controls to assess the companies that will participate privatization process."
He stressed that "there are 250 factories belonging to 76 companies, divided into five groups according to the need, the first group are companies that can promote the betterment and the second group needs support to meet the need and put their goods markets and the third needed to support soft loans, fourth and fifth we will resort to privatization and the introduction of partnerships foreign strategy. "
He pointed out that "support will be for projects that materials preliminary available locally, Kalsnaat construction, leather, petrochemicals and projects that occupy many working hands and reduce unemployment and projects that provide goods and goods enrich us all foreign imports," noting that "all these measures taken after extensive study."
And the money that will be allocated for this initiative between Anton, that "there are personalized in this regard from the central bank, which will by giving soft loans to development banks, in order to give loans for the projects, and will give the money to the projects after the submission of economic feasibility and rates of employment and production capacity and modernize run studies machines ", adding that" the main objective is to raise the percentage contribution of the industrial sector product (GDP) to more than ten percent to reduce dependence on oil revenues and diversify sources of income. "
For his part, economist Ahmed Atwani said in an interview for the "long" to restructure the industrial sector means restructuring the public sector, and this issue means either transform institutions to privatization or adoption of modern methods in the management of these industrial enterprises ", adding that" we have 193 major industrial enterprises and 7 thousands of medium and small agency of the government sector. "
He continued by saying that "the state-owned companies sell to the private sector needs to be lingered, because of the security conditions in the country, or you need to plot technical, scientific and economic managed by specialists and professionals," pointing out that "the question of the most important Is that the private sector is capable of managing these projects, Or is it will take a commercial attitude low profits for higher profits. "
He noted that "we are suffering a lack of good industrial departments of these institutions, it is very necessary to convert them to common institutions between the government and the private sector."
He pointed out that "if the structural reconstruction process is a search for new ways to administration to institutions a way that makes it work and produce and make a profit surely there will be great benefits, because it will occupy the industrial sector and stimulate the private sector to production and work and contribute to the GDP and reduce government expenditures and imports. "
"The restructuring a way that makes these institutions operate Jmaaa government with the participation of domestic and foreign private sector, better than sold and privatized."
And the contribution of the industrial sector in the gross domestic product, between Atwani that "industrial production does not constitute more than 1% against the 93% of the oil, and the possibility of advancement of the sector depends on government policies through the imposition of customs fees and taxes on goods entering and for which there is production similar in Iraq to encourage the productive sector to continue ", stressing the need to" projects are exempt from taxes or reduced for long periods to stimulate production. "
The development of industry and commerce in Iraq Association criticized, in (the 19th of March 2013), the lack of state support for industry, trade and the opening of import doors wide open what right the damage the national product and loosing competitiveness, and in believing that the scarcity of electricity and fuels and not keep pace with the national staffs of developments Global and lack of appropriate laws decline Iraq the most important industrial and economic factors, the quest for the detection of ready-made industrial investment areas and helping to stimulate foreign and Arab companies to invest jointly with Iraqi investor, and the creation of industrial and commercial sources of oil is confirmed.
It is noted that after 2003 the infrastructure of the industrial sector in the country to come under fierce attack provided by the foreign importer, offset by the weakness of the potential operation, to stop the 100 thousand factory work of the total 145 thousand factory and the rest of them threatened to stop because of the inability of government support her.[/ltr]
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