Prohibit the import of cement imported provides a billion dollars in 2016

 22 Iraqi factory produces more than 21 million tonnes per annum 


Iraqi Cement Company announced, yesterday, for the provision of one billion dollars after the Iraqi government 's decision to ban the import of foreign cement. She noted that the company 's sales during 2016 rose by 154% compared to the year 2015. 

The Council of Ministers passed a resolution which prevents the import of cement during the past year to protect the local product. Iraq has 25 plants for the production of cement, spreading in all the provinces, and a production capacity of more than 21 million tons annually. 
 A spokesman for the Iraqi Cement Company Hassan Ali Mahmoud, (range) that " the value of sales for thecompany cement rose by 154% during 2016 when compared to year 2015 , " noting that " the number of cement plants of 25 plants divided into 18 laboratories of the public sector and 7 plants belonging to the private sector. " 
Hassan Ali said that " the production of the country's cement an annual 21 million tons, and that the state has resorted to invest in their plants because they are unable to develop, manage because of the weakness of financial allocations , " stressing that "60% of the plant 's budget goes to operational assignments and thus the inability to develop ". 
Cement company official explained that " the problems facing the Iraqi Cement is the presence of a number of beneficiaries of the import of cement are putting pressure on some of the powerful in order to flood the market with imported cement in order to realize their profits at the expense of the country 's economy." He pointed out that " the Iraqi cement is sold in the market today at a price of 90,000 dinars , while cement imports from Iran , which is sold in the domestic market at $ 40 because all the countries supporting the cement industry." 
He said Hassan Ali " The Iraqi state has supported the cement only Cabinet resolution 409 , which prevent the import of cement, and stopped wasting more than a billion dollars a year , " calling on the government to "support the cement industry to reduce the price of a barrel of oil , which the government sold to cement plants at a price of 100,000 dinars . " . 
He noted the spokesman Alamsont company that "Oil accounts for 25% of the value of cement production and thus will reflect positively on the price because instead of 90,000 dinars will be sold at a price of 60,000 dinars." 
He pointed out that " the Committee formed by the cement company, which resides at border crossing points, revealed the passage of small amounts of cement foreign to the Iraqi market , and this is contrary to the decision of the Council of Ministers , " stressing that " the Iraqi Cement is one of the best types of cement , which is identical to the Iraqi specifications." 
On the other hand, the President of the Cement Association in Iraq , Nasser Al Madani said that "cement company decided to reduce the price of a ton of cement 6000 dinars for all the liberated provinces of al Daesh terrorist , " adding that " the decision was made in support of the Directors of those provinces and encouragement to the start of construction and reconstruction , and contribute to the process and restore her life and restore damaged infrastructure. " 
Civil and added that "there are efforts to increase production and reduce prices if the government has adopted to support the industry through the reduction of black oil prices equipped laboratories , " noting that " the local cement has become a strong competitor Cement foreign There is a great desire to get into the export stage." 
In turn , Abdul Rahman al - Mashhadani, an economics professor at Mustansiriya University, said for (range) that " the Iraqi cement covers today 70% of the market need by the departure of a number of laboratories outside the control of the state , including a leap and laboratory - based produce , which were resistant cement." 
Al - Mashhadani said that "there is a big problem facing the Iraqi cement related to high production and the absence of electricity costs , especially that laboratories need to electrodes for high - stream in addition to transport cement from north to south and vice problem." 
He noted economist that "there is a big problem regarding the border ports where it records a foreign cement inside the country as food and therefore less tax it and this is what affects the cement plants in Iraq."