Specialists: Integrating losing companies a step to re-enter the military industries

Specialists: Integrating losing companies a step to re-enter the military industries


BAGHDAD - The Journal News , a
special source at the Ministry of Industry and Minerals declined to be named , said that " the prime minister 's decision merging the Ministry of Industry and Minerals is to activate the ministry 's loss - making companies and try to merge them with specialist sectors to companies from the quality of the production itself and then unify the target production."

The source said in a statement to the «Journal News», that "the merger project for the ministries did not receive the success that is mentioned in increasing the quantities of products for certain goods because there is deliberate neglect by the government departments and even the private sector."

The source added that "the plan to merge nearly 14 companies from the Ministry of Industry Industries of the war was almost 7 companies and merged with 7 companies from the Ministry of Defense to consider that the military industry companies can not promote the specialized industry because it suffers from lack of financial crisis and there is no allocation of the budget The state or even loans granted by donor countries, indicating that there are visits to delegations from certain countries for the purpose of contribution but neglected, and the money we own does not rise to the level of the promotion of military manufacturing.
He pointed out that the industry before 2003 was providing nearly 14% of the federal state budget, adding that the national industry is deliberately neglected by government agencies supported by foreign policies, the most important of which is Iran, which supports parties and a Shiite bloc

And Saudi Arabia, which supports the blocks and Sunni parties, noting that the Iraqi market is full of the poor industries of those countries, which made Iraq the arena for the disposal of consumer goods.

For his part, said the expert and former president of the Federation of Iraqi Industries Hashim Thnon Atrakgi that "the Ministry of Industry owns many companies, including military manufacturing companies and then the Ministry of Industry has a plan to reduce companies that have a single production target."

"The step of merging companies with unified production is aimed at reducing the cost of production and unifying the labor force within one company, which will lead to the unification of production lines," Al-Atraqji told Al-Jiranal News.

He added that "the plan to integrate companies in the Ministry of Industry goes on but without specifying the productive objective of the quality of industries and there is no specific ceiling for that production prepared by the Ministry of Industry, pointing out that there are many companies in the ministry unemployed and unproductive and its employees suffer undeclared unemployment and permanence One week ".

"There should be a plan put in place by the government to restart the factories and factories that have been suspended, and until now we have not seen a feasibility study or real planning to reinvigorate those losing companies and turn them into winners."

He pointed out that "the government should develop a plan in the way of work for those companies and according to what is known as the partnership between the private sector and the public that the state 51% of those companies and the private sector owns 49% and then there is a guarantee for the operation of companies losing, The next step of the state and not a shy plan without goals. "

The adviser to the Prime Minister for Finance, Dr. Mazhar Mohammed Saleh, said Wednesday that the government's decision to merge six industrial companies aimed at reducing production costs.

Saleh said in an interview that "the decision of the Council of Ministers to merge six industrial companies aimed at the integration of their activities and capabilities and reduce production costs and raise productivity."

"It is not necessarily that these companies are losing, but restructuring them is an urgent need to raise their productivity and avoid any loss resulting from higher production costs or lower productivity."

The adviser to the Prime Minister for Finance, Dr. Mazhar Mohammed Saleh, said Wednesday that the government's decision to merge six industrial companies aimed at reducing production costs.

Saleh said in an interview that "the decision of the Council of Ministers to merge six industrial companies aimed at the integration of their activities and capabilities and reduce production costs and raise productivity."

"It is not necessarily that these companies are losing, but restructuring them is an urgent need to raise their productivity and avoid any loss resulting from higher production costs or lower productivity."

The cabinet voted last Tuesday to merge six companies of the Ministry of Industry with the General Military Industries Company.

The Council of Ministers in a press statement received «Journal News» a copy of it, that "the Council of Ministers held its ordinary session under the chairmanship of the Prime Minister, Dr. Haider Abadi, and during the session vote on the merger of public companies in the Ministry of Industry and Minerals, the companies Yarmouk, Qadissiya and Qiqaaa and Hattin and Harith and Hamorabi with General Military Industries Company under the name of General Military Industries Company ".

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