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A conference to present investment opportunities for mining and industrial cities
The first 2024/06/30
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Baghdad: Rula Wathiq
The Ministry of Industry and Minerals intends to hold a conference to present investment opportunities related to mining and industrial cities.
The ministry’s spokesperson, Dhuha Al-Jubouri, said in an interview with Al-Sabah: “The ministry is about to hold a conference to present investment opportunities in the mining and industrial cities sectors, similar to the conference held this year on mineral and petrochemical investment, to develop sound plans that are the basis for the work of the ministry and its factories and to provide job opportunities.”
She added that “the ministry obtained the approval of the Higher Committee for Reconstruction and Investment to establish the Iron and Steel Industrial City project in Basra in partnership with a specialized Chinese company on an area of 3,000 dunams and includes specialized factories for iron, steel and aluminum, which will provide about 12,000 job opportunities.”
Al-Jubouri explained that “the committee also approved the glass bottle production project in Anbar with a capacity of 60,000 tons annually, in addition to the floating flat glass production project with a capacity of 600 tons per day,” noting that “these projects are the outcomes of conferences that were held earlier and in accordance with the government program that the ministry set according to its vision.”
The spokesperson revealed that "the ministry is moving towards using gas instead of black oil as fuel in cement factories to preserve the environment and reduce costs," explaining that "strategic factories need a long time for the country and its people to see the correct steps that the ministry has put in place to establish them, such as
fertilizers, sulfur and glass."
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Editing: Wael Al-Muluk
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