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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq factories ... the heart of a pyramid that can be revived to support the national product

    Rocky
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    • Post n°1

    Iraq factories ... the heart of a pyramid that can be revived to support the national product Empty Iraq factories ... the heart of a pyramid that can be revived to support the national product

    Post by Rocky Sun Mar 28, 2021 4:36 pm

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    Baghdad - IQ / Adel Al-Mukhtar 

    Hundreds of major factories with high production have stopped or decreased their production due to the security and economic conditions that stormed the country at varying times, while Iraq is now seeking to operate them to support the national product and employ local manpower, and what supports this is the availability of a huge amount of raw materials . 
    And on how to develop the private industrial sector, businessman and industrialist Majid Rashk confirms to IQ NEWS website  , that this requires a national decision and the development of laws for the industry especially related to the local product and the activation of Law No. (20) for the year 1988 related to industrial development and all laws supporting the industry and then facilitate the task of the industrialists In obtaining loans and land, and entering raw materials without customs or tax .
    "The local product requires protecting the dumping of the market from imported foreign goods, and moving away from the policy of courtesy of some countries, and the need to control borders and border crossings so that Iraq can rehabilitate its factories and factories and adopt local production, " said Rashk, a former head of the Basra Chamber of Industry .
    Make variety
    In her speech to IQ NEWS , economist Salam Sumaisem  believes that making diversification in economic policy and diversifying areas of production contributes to supporting the local product, by taking advantage of mining installations and industries, and thus getting rid of dependence on the rentier economy .
    Sumaisem says, "If Iraq pursues a correct economic policy to benefit from its other non-oil resources, it will open the doors for human employment and investment in all areas."
    Colossal wealth
    Economist Dergham Muhammad Ali told  IQ NEWS , "Iraq has more than 70 economic geological formations other than oil, including sulfur, phosphates, iron, nitrates, aluminum, uranium, copper, calcium carbonate and others, most of which are subject to investment ."
    And Muhammad Ali stated, "Calcium carbonate is an essential material for the manufacture of cement and is the finest in the region. As for sulfur, it is found in western Iraq, and there is the Mishraq sulfur plant, which produces free sulfur and other compounds, which has been suspended for a long time due to the obsolescence of its equipment and the security situation represented by Al Qaeda and then ISIS. The work of the Mishraq sulfur plant has been disrupted, and it is useful to modernize the plant to resume work in order to cover the local need for military, pharmaceutical and agricultural industries that contain sulfur in addition to exporting the surplus abroad, noting that “the investment of mineral resources is a neglected file that requires re-highlighting to take advantage of the mineral wealth. In developing state resources. "  
    It is noteworthy that the industrial sector in Iraq is quite low compared to neighboring countries, and the financing of this sector depends on oil. 
    According to specialists, 90% of the Iraqi industrial projects are suspended and only 10% that work and produce, and the rest of the projects and factories are distributed in separate regions of Iraq, often in the form of groups that form random industrial areas in which factories and factories gather, and they are many, often transformed. To warehouses for imported goods.
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