Iraq receives offers from 5 Arab countries to set up industrial cities

Local
  • 30-01-2022, 18:02
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    Baghdad-INA  
    The Ministry of Industry and Minerals clarified today, Sunday, the importance of industrial cities in Iraq, while revealing that requests had been received from 5 countries to establish industrial cities in Iraq.
    The Director General of the Industrial Cities Authority of the Ministry of Industry and Minerals, Hamid Awad Muhammad, told the Iraqi News Agency (INA): "After the issuance of the Industrial Cities Authority Law No. 2 of 2019, the role of the Industrial Cities Authority was activated during the second half of 2020", noting that "" The authority was able to establish industrial cities in all governorates.
    He added, "Buildup of industrial cities comes due to its importance in providing services and job opportunities for young people, as well as random buildings by constructing industrial cities with services that have been focused on and given great importance, therefore, such cities were established in each governorate."
    He pointed out that "the first agreement for build an economic city was signed with Jordan, and the procedures were completed for the purpose of declaring it," noting that "those cities are of great importance, including their geographical location, which is located on the borders, in addition to some desert areas.
    He pointed out, "There is a tendency from neighboring countries to build industrial cities in Iraq, and we have received several offers from Syria, Jordan, Saudi Arabia, Iran and Kuwait," stressing that "the next stage it will the stage of industrial cities, which will be very important to support the country's economy."
    He noted that "during a record period, the first contract was signed in the holy Karbala for the construction of an industrial city specialized in petrochemicals and engineering within an area of 5,300 acres," noting that "an industrial city was announced in Wasit also with an area of 5,000 acres, and we are waiting for offers from investors, as well as the presence of a city in Dhi Qar Governorate.