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Anbar shows the fact that the existing phosphate plant was not referred to the investment
14:12 - 07/03/2021
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14:12 - 07/03/2021
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Al-Maaloumah / Anbar ...
The mayor of Al-Qaim district in Anbar province, Ahmed Al-Mahallawi, explained, on Sunday, the fact that the Al-Qaim phosphate plant, west of Anbar, was not referred to investment.
Al-Mahlawi said in a statement to / the information / that “the central government has expressed its opposition to the activation of the phosphate plant of Al-Qaim district as an investment opportunity against the background of issuing a decision in 2008 that prohibits the referral of national wealth projects to investment by foreign companies as this wealth is sovereign and cannot be disposed of before. Foreign investment companies ”.
He added that “the local government in Anbar is awaiting a decision from the cabinet, parliament and the Ministry of Industry to decide on the mechanism of disposal of the plant, which has been inactive for more than 17 years as a result of terrorist operations, indicating that“ the phosphate company has confirmed that the opposition of some representatives has presented the existing phosphate plant as investment opportunities, He explained that "the local Anbar government was surprised by this decision, although the phosphate company offered the plant some time ago as investment opportunities, and Portuguese and Belgian companies expressed their desire to invest in the plant."
It is noteworthy that the Anbar Governor's Adviser for Energy Affairs Aziz Al-Tarmouz had previously stated that operating the existing phosphate plant contributes to saving 22% of the Ministry of Finance's imports. He finished / 12 a
Al-Mahlawi said in a statement to / the information / that “the central government has expressed its opposition to the activation of the phosphate plant of Al-Qaim district as an investment opportunity against the background of issuing a decision in 2008 that prohibits the referral of national wealth projects to investment by foreign companies as this wealth is sovereign and cannot be disposed of before. Foreign investment companies ”.
He added that “the local government in Anbar is awaiting a decision from the cabinet, parliament and the Ministry of Industry to decide on the mechanism of disposal of the plant, which has been inactive for more than 17 years as a result of terrorist operations, indicating that“ the phosphate company has confirmed that the opposition of some representatives has presented the existing phosphate plant as investment opportunities, He explained that "the local Anbar government was surprised by this decision, although the phosphate company offered the plant some time ago as investment opportunities, and Portuguese and Belgian companies expressed their desire to invest in the plant."
It is noteworthy that the Anbar Governor's Adviser for Energy Affairs Aziz Al-Tarmouz had previously stated that operating the existing phosphate plant contributes to saving 22% of the Ministry of Finance's imports. He finished / 12 a
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