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Industry, electricity and everything in between
Economical 10/08/2023
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Walid Khaled Al-Zaidi
: Partnership between government institutions is one of the ways to advance the reality of the economy and the most prominent stages of integration, development and desired growth that those in charge of promising development activities and programs hope for, in addition to being an integrated economic cycle that would renew the vitality of the local economy in any country.
Commercial integration between national economic outlets is one of the recent trends to form large activities concerned with mutual benefit between the various productive and service sectors, which is reflected in the overall development activities in a positive and fruitful way, most notably the expansion of the circle of public benefits and the formation of large development capabilities that involve multiple parties in their activities, especially when There is an element of harmony between production on the one hand and service on the other hand, that is, between the industrial entity and its service counterpart. We can give an example of this is cooperation that can establish a broad base of development between the Ministries of Industry and Electricity, and through the undertaking of the General Company for Electrical and Electronic Industries, one of the formations The Ministry of Industry provides many requirements for the advancement of the important electricity sector as a necessary service field, through the manufacture of large quantities of
electrical power transformers.
The success of this positive step depends on several elements, including the quality of production of these supplies in factories, the efficiency of their work, and their comparison with what can be imported from foreign facilities that are used for the same purposes, on the one hand, and the extent of the Ministry of Electricity’s interaction and handling of this necessary and required step in a positive manner, and its purchase of local industry products, on the one hand. Other: This can ensure serious and fruitful cooperation between the various active sectors of the national economy.
It seems that the focus on the cooperation of effective economic institutions finds motivating factors to establish a fertile ground that cannot be underestimated, and their ability to provide productive and service activities, the results of which include finding many solutions to address the problems that plague the reality of services, especially those that fall within the framework of the basic needs of citizens, such as electricity and energy, which have disappeared. It has been regarding the solutions to its crises and ways to overcome them for several years, despite the huge financial allocations spent on it over previous periods. Therefore, it has become important to emphasize the results of the work of the Ministry of Industry and Minerals and its manufacturing of these materials and the high rates of their production in large and encouraging numbers. This could put Iraq on the cusp of a qualitative boom in Local industry also establishes local trade exchange between production and service ministries, and this is an issue that must be given utmost importance, narrowing the space for dependence on foreign products that
our various institutions need.
The serious step taken by the cadres of the Ministry of Industry in opening channels of cooperation with other parties is a means to expand the circle of growth, increase the size of the local product, improve its quality, and increase the demand for it from governmental or private parties that rely on a national product instead of a foreign product that burdens the Iraqi economy with additional burdens.
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