- 27 August 2019
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Minister of Industry and Minerals Saleh Abdullah Al-Jubouri discussed with the Director General of the Iraqi Trade Bank (TPI) Faisal Wissam Al-Hims, the foundations of joint cooperation to finance industrial projects.
"The two sides discussed during the meeting, the most important industrial projects that need sufficient funds for the purpose of completion and start the work and actual production, especially projects that have reached completion rates to advanced figures and discuss the possibility of signing an agreement with the Trade Bank of Iraq for the purpose of financing these projects."
Al-Jubouri pointed out to the "role of banks in attracting investments and achieving economic development, stressing in this regard the keenness and endeavor of the Ministry of Industry and Minerals to open prospects for cooperation and coordination with official banks to promote the local industrial sector."
He added, "The ministry has many projects that need funds to be financed and completed to contribute to the strengthening of Iraqi industry and create jobs."
For his part, the Director General of the Bank, the willingness to cooperate and coordination with the Ministry of Industry and Minerals to reach understandings and agreements serious and practical in a way that serves the industrial process in Iraq.
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