Ati: This year will witness the establishment of a city for military industries

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[size=52]Ati: This year will witness the establishment of a city for military industries[/size]

[size=45]The head of the Military Industrialization Authority, Mustafa Ati, confirmed that the current year will witness the establishment of a city for military industries, while revealing the achievement of profits worth 40 billion dinars and the conclusion of contracts worth more than 367 billion dinars.[/size]
[size=45]Atty said during the first meeting of the Authority’s Board of Directors for the year 2024, “We hope that this year will be full of achievements, especially with the government’s insistence on relying on Iraqi military production to support the armed forces.”[/size]
[size=45]He added, “This requires intensifying efforts from the Authority, especially in the rehabilitation and development processes and searching for investment opportunities and new projects,” noting that “the Prime Minister, since assuming his responsibilities, is a strong supporter of every official who works hard and performs his duties correctly and holds every official whose procedures are inaccurate accountable.” “It is irregular and incorrect.”[/size]
[size=45]He continued, “The Director General in the Iraqi state is the executive tool for all decisions issued by the Council of Ministers, as he has great and broad powers, and he must exploit these powers to serve his institution and serve the mission he has been assigned.”[/size]
[size=45]He stressed the necessity of cooperation with the private sector, especially those that have the competence and financial capabilities to support military industrialization, and not be satisfied with supporting the state alone, noting that “the Authority, through the participation contracts that it implemented strongly and concluded in the year 2023, was able to achieve remarkable progress, especially through its cooperation with... The General Military Industries Company and other parties were able to achieve contracts worth more than 367 billion dinars as a first stage, and we have previous contracts that far exceeded this number.”[/size]
[size=45]He pointed out that “participation contracts enabled the Military Industrialization Authority to achieve development processes to achieve the goal of localizing the military industry and building factories and rehabilitating others,” revealing that “the current year will witness the establishment of an important city for military industries.”[/size]
[size=45]He pointed out that “the authority’s profits are good through these participation contracts, and we expect their number as a result of last year to reach 40 billion dinars.[/size]
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