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Foreign companies and local workers
Economical 10/01/2023
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Walid Khaled Al-Zaidi
The economic policies pursued by the government at the present time rely within its programs on diversifying the sources of the labor market and multiplying its outlets to reduce the effects of the scourge of unemployment that is widespread in the country, to which many young people who are able to work fall under its spell, in addition to entering within the cycle of transition to the private sector and reducing the rate of unemployment. Demanding work in the government sector and easing job searches in state institutions, many of which do not seem to accommodate additional employees.The process of transitioning towards the private sector would limit dependence on the state’s role in employment and encourage investment, whether local or foreign, especially contracting with foreign companies that would give their workers experience and work in contemporary ways. This is one of the models of corrective policies in the Iraqi national economy. Examples of this are the plan developed by the Ministry of Oil to absorb graduates in petroleum and geological specializations and work to oblige foreign oil companies to employ those with those specializations based on the need of those companies and with an employment rate estimated at 85% of the employment of those companies.This action of the Ministry of Oil carries great importance, a long-term vision, and a broad horizon that will reflect positively on the state of expansion in the labor market. It also contributes to encouraging foreign investment and gaining confidence in working in Iraq, as there will be a wide scope for participation between Iraq as a beneficiary and those companies. In addition to emphasizing the Ministry of Oil’s wide interest in those with certificates, competencies and specializations that fall within its work and tasks, and the serious effort to give them suitable job opportunities and their contribution to building and developing their country in the field of their academic specializations.Here it is necessary to point out an important issue, which is that the issue of employing new graduates or national scientific cadres is not only a task of government institutions, but also falls on the outlets of the national private sector, as well as the need to pay attention to this matter by holders of certificates in all their specializations and through their involvement within the companies’ work cadres. Foreigners working in Iraq, especially those with technical and engineering specializations employed by companies contracting with the Ministry of Oil and who actually need them, secure the same privileges as public sector departments and companies and the same future guarantees as long as they work in Iraq.Although the work of these companies is related to the periods of time that they operate in the country, it is necessary to place national graduates in these companies to take their opportunity to work and secure a source of livelihood for themselves and their families, in addition to gaining practical experience and professional practice in their various specializations on the basis of their work in companies. An international specialist with a long history in organized work methods and possessing modern technology when implementing the projects entrusted to it.
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