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Strategy for the advancement of the industrial sector in Iraq DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Strategy for the advancement of the industrial sector in Iraq

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Strategy for the advancement of the industrial sector in Iraq Empty Strategy for the advancement of the industrial sector in Iraq

Post by claud39 on Tue Feb 19, 2019 8:30 pm


[size=36][rtl]Strategy for the advancement of the industrial sector in Iraq[/rtl][/size]

Monday 18th February

Strategy for the advancement of the industrial sector in Iraq Alsabaah-6334

Amer Eissa Al-Jawahiri

[rtl]In spite of the lack of interest by the various parties in the conference organized by the Ministry of Industry and Minerals in the Baghdad International Exhibition Hall on 30/1/2019 under the slogan "the role of the industrial sector in the implementation of the government program." The advancement of the industrial sector and increase its share in domestic output and diversification of the economy requires adoption A range of axes including:[/rtl]
Industrial strategy

It is necessary to activate and ensure the achievement of fruitful and semi-monthly meetings of the Industrial Coordinating Council recommended by the Iraqi Industrial Strategy adopted by the Iraqi government in June 2014 and to maintain its vision and issue and follow up the implementation of effective decisions in each sector and priorities with high flexibility with the gradual start of forming and activating the work of the sub-units of the Council In the light of the progress of work and priorities, with representatives of the private sector and civil society. It also includes the orientation for the implementation of strategic industrial projects and in coordination with councils 
It is time to start the actual quiet steps to restructure public companies and prioritize the move to them with changing the methodology of public companies management to ensure that achieve maximum productivity and profitability and follow the departments of public and mixed companies and private sector employers to support the needs of 
Their success.

Investment and partnership

The success of attracting investment requires the formation of a national team for investment and partnership in the Ministry of Industry and Minerals with the help of international and local consultants at all stages, with quarterly follow-up of performance and realization and implementation of large strategic projects in a partnership with private foreign and local private sector management team full-time representative of each project with special powers, Assisted by the finance team, with the approval and initiation of procedures to transform 4 public companies into joint stock companies.
The periodic review of the process of attracting investment in the industrial sector, developing the methodology and method of preparation, advertising and promotion of investment opportunities and types, nature and priority of selected projects and follow-up investigations; the draft law of partnership is still in the corridors of the Cabinet recommend a comprehensive review by a wide range of owners Interest in preparation for promotion.

Private industrial sector

It is necessary to provide maximum support for the completion of the industrial cities in Basrah / Khor Al-Zubayr and Nasiriyah and their successful operation during the year 2020 and the activation and restructuring of the Higher Committee of Industrial Cities under the chairmanship of HE the Minister of Industry and Minerals to proceed with the procedural steps for the industrial cities. In Najaf, Anbar and Ninewa, including research and negotiation with investors and developers to find a mechanism for implementation 
And finance.

At the same time, support the establishment and operation of small and medium enterprises for the private industrial sector in all governorates, taking into account the comparative advantage and competitiveness and address the challenges facing their success and the actual start of the provision of industrial loans unlimited amounts and low interest rates and long repayment ranges with the facilitation of lending conditions, mechanisms and guarantees, Development "or" Industrial Bank "and the guarantee of the project, in addition to the guarantee of the organization and the industrial reputation and taking into account the priority of production planned coincided with the follow-up and careful monitoring and transparency of the actual implementation of the project.

The importance of supporting the establishment and expansion of the activity of business development centers and the provision of technical, marketing and financing support to craft and cooperative projects and their associations is linked to this support. It is possible to study the steps of converting parts of the lands of public companies to establish small private industrial projects and entrepreneurs' projects according to transparent and professional standards and conditions.

The need for exceptional attention to the success of the work of all the companies of the mixed sector as the example adopted in front of the trend of public-private participation in the steps of turning public companies into joint stock companies.

It is useful to withdraw the draft of the Industrial Cities Law before the House of Representatives and reconsider it again by the relevant stakeholders within a specified period and mechanism to complete and consolidate its provisions before enacting it. We also recommend the Ministry of Industry and Minerals to review the draft law of small, medium and small enterprises in the same way,

Initiative, Success Stories and Government Curriculum 2018-2022

 Practical steps must be taken to ensure the successful operation and profitability of all companies of the Ministry of Industry with their maximum cards and the financing methods and various partnerships available to achieve this; and to conduct the actual implementation of a number of major projects in the form of partnership or investment according to a clear executive program and the establishment of a higher implementation body with A project such as: petrochemicals, fertilizers, iron and steel in Basra, new phosphate in Anbar and the major industrial city in Basra - Khor al-Zubayr and others,Taking into account the compatibility of the adoption and implementation of a plan to support the establishment of pharmaceutical production plants by direct investment by the private sector and to provide all exemptions, guarantees and privileges available under the laws in force for their relationship to medical security, supporting the successful operation and protection of the local product of existing private industrial projects, Full facilities for domestic product exports, which stimulates the establishment of new industries.

Any steps to improve the productivity, expansion, operation, profitability and competitiveness of existing and new factories in the public, mixed and private sectors contribute to the result by improving their economies, increasing the participation of manufacturing in GDP and increasing opportunities. 
the work.

It is also important to raise the level and volume of cooperation between industry, universities, research institutions and private sector organizations to achieve a qualitative leap in the areas of research and development, technology transfer, productivity improvement and the actual support of entrepreneurs to transform their ideas into productive projects.

To allocate funds for the rehabilitation of public companies when necessary and to confirm their feasibility and guarantees the restoration of what is spent on rehabilitation in the programs of operation and marketing. It is also logical to study the needs and mechanism of the rehabilitation processes of the mixed and private sectors and the feasibility of this.

We recommend the establishment of industrial parks serviced outside the municipal boundaries in all governorates in which the land is allocated for the establishment of small industrial projects and craft with special support for their success in addition to providing special support to the existing small industrial areas.

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