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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

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    Industry: Gulf initiatives matched with Iraqi obstacles .. Kazem Al-Hamami

    Rocky
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     Industry: Gulf initiatives matched with Iraqi obstacles .. Kazem Al-Hamami Empty Industry: Gulf initiatives matched with Iraqi obstacles .. Kazem Al-Hamami

    Post by Rocky Fri 28 May 2021, 7:38 am


    [size=30] Industry: Gulf initiatives matched with Iraqi obstacles .. Kazem Al-Hamami


    2021-05-28
    [/size]
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    Kazem Finjan Al-Hamami wrote:

    Not everything related to industry belongs to the jurisdiction of the Ministry of Industry, but this ministry is the national incubator for all industrial projects of the private sector, and it is the sponsor of them, and we previously addressed it with a series of books in which we referred to the obstructions of the State Real Estate Department, and the domination of military controls at the entrances to industrial complexes Without touching any of them. .
    In order to proceed to explain the differences in the levels of interest in the private industrial sector, let us shed light on the initiatives of Gulf support for the private sector factories in the UAE, Kuwait, Saudi Arabia and the Sultanate of Oman. .
    These countries have launched initiatives to mitigate the expected financial and economic impacts on the private sector due to the Coronavirus (COVID-19). This is in line with its tireless efforts to reduce the economic consequences, as well as the adoption of a set of policies regarding the aspect of protection, encouragement and resolution of obstacles. .
    In a related context, the Industrial Fund in the Gulf countries approved initiatives to support industrial projects by structuring the loan payments of all its clients from small projects and projects due in installments during 2020, and to consider postponing and restructuring the payments of loans to medium and large projects that were affected by the precautionary measures, and their installments will be resolved during 2020. . .
    In the same context, a package of other urgent measures was launched to provide the necessary financial requirements to implement the preventive measures. Among them is supporting the private sector and enabling it to play its role in promoting economic growth and facing the financial and economic impacts. .
    But the matter is different here in Iraq, and if you looked at the conditions of the private industrial sector, you would be terrified of the horror of what you see and hear. .
    The Iraqi private industrial sector is now lying on its deathbed, and we fear that it will breath out, God forbid. .
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