Al-Sudani directs the removal of obstacles facing the private sector
second and third 2023/07/23
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Prime Minister Muhammad Shia al-Sudani discussed, when he chaired, yesterday, Saturday, a meeting that included a number of businessmen and investors from the Iraqi private sector, ways to remove obstacles that hinder the work of the private sector, and support it to contribute to the implementation of the government's plans for development and investment.
Al-Sudani referred, in a statement to his media office, to "the government's vision of supporting the private sector, which was embodied in a package of cabinet decisions and measures that serve this sector," stressing "the government's adoption of the Iraq Fund for Development and major projects, as a path to development, which represents important paths to reforming the economic situation, addressing the unilateral economy and creating the investment environment."
The Prime Minister pointed out that "the development path project will transform Iraq into a country open to the world, which is what made financial and economic institutions deal with the project, which does not stop at regional countries but rather links global countries and economies such as China and Europe, with its integrated projects, such as the port of Faw and the major industrial city, and the creation of large industries that cover the needs of Iraq and the region."
He added, "The government has launched major projects, such as manufacturing, petrochemical, and fertilizer projects, and there are serious requests from local and regional companies to invest in gas, phosphate, and sulfur, as well as integrated residential city projects, which include all economic activities. Five cities have been announced, and we are in the process of preparing the second meal in order to prepare them for investment," explaining that "the private sector is a partner in the correct implementation of projects that address pressing service crises in all sectors."
And he directed to "hold specialized meetings between representatives of the private sector and officials in the state, to find a package of measures that contribute to facilitating the work of the private sector in Iraq."
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