Baghdad investment announced near the opening of the company industries cartoon and military sewing factory
10:28 - 03/01/2019
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Information / Baghdad ..
Baghdad Investment Authority announced on Thursday that the project of rehabilitating and developing production lines in the carton industries company has been opened.
The Chairman of the Authority, Eng. Shaker Zamili, said in a statement to the official newspaper "Al Sabah" that "the Authority noted a significant need to invest in the industrial sector to keep up with the openness and development witnessed by the world in this area, being an important sector in economic development "Noting that" the Authority sought in this light to open the doors to investors from the private sector to take their role in the work and participate in economic development and encourage the national product to be a strong competitor with its importer. "
Al-Zamili promised "the project of re-operating the military sewing factory in the Bab al-Sheikh area in Baghdad, in the forefront of these projects because it will cover the local market need of allowances." The project company is working on rehabilitating the old two-story lab and importing sewing machines from modern international sources to produce All about military allowances and accessories. "
He pointed out that "the project will provide employment opportunities for the unemployed and will encourage the acquisition of national product to take its place among the imported counterparts," explaining that "one of the most important benefits contained in the Investment Law No. 13 of 2006, amended to encourage Iraqi industrialists, is the ownership of land allocated for industrial investment projects.
Al-Araji confirmed that "Carton industries have been of great importance to the local industries in the country because of their important role in serving the local economy and pushing it towards its best levels, which called on the Authority to focus on them and grant investment licenses to implement them, including rehabilitation and development of production lines in the Cartoon Industries Company By a specialized company in the industrial area of Zafaraniyah. "
He explained that "the project will develop and replace the production lines for the cartoon industry, as it will serve a large segment of the citizens and the people of the region and provides many of the opportunities for them, and the main products now are the layers and boxes of the cartilage lame and non-faltering, and a line of production and cutting cartoons.
Araji pointed out "the contribution of the project in the future capital investment in the field of paper and cardboard industry and accessories include the opening of factories for all types of paper and cardoons of different sizes and types." Ending / 25