An international readiness to enter the Iraqi market through Building and Construction

Economy
  • 24-11-2022, 22:22
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    Baghdad-INA 

    A number of Arab and foreign countries and companies praised the Iraq International Building, Construction and Infrastructure Exhibition, and while an Emirati company expressed its willingness to establish an advanced factory for building materials in Iraq, companies from Germany and Saudi Arabia confirmed that they will enter the Iraqi market with building materials.

    The head of the oil and gas sector at Ajmal Steel Pipes Company, Abdullah Al-Shammari, told the Iraqi News Agency (INA), that "our participation in the Iraq International Building, Construction and Infrastructure Exhibition is the first," noting that "we are looking forward from behind this participation to investment opportunities in Iraq and we are ready to transfer technology from Abu Dhabi to Iraq.

    Al-Shammari expressed his readiness to "establish a factory for pipes, iron and steel in Iraq similar to the Abu Dhabi factory," noting that "our production capacity of the factory amounts to 500,000 tons, as we export our products to all countries of the world, including America, Canada and European countries, in addition to Iraq and the Gulf countries.".

    He continued, "The field of participation in Iraq is possible, and the market is open and thirsty for materials, especially with regard to the oil and gas sector, and the field is open," explaining that "the Iraqi Minister of Trade assured us that the door is open to overcoming any obstacle facing the path of investment.".

    As the sales manager of the Saudi Cables Company, Mazen Al-Qasimi, stated to the Iraqi News Agency (INA), "Our company owns 8 factories to produce electricity-related products, and we have been working in the Iraqi market for 15 years, and we have partnerships with contractors working with the Ministry of Electricity and Oil, and there are projects that we have implemented." "We are present at this exhibition to expand the horizons of cooperation with the market, as it is a very promising market, especially in the reconstruction and rehabilitation of infrastructure networks.".

    He stated, "We, as a company, work with 40 countries around the world, and during the past two years we have priority in working in the Iraqi market," explaining that "the laws that currently exist need to be applied in light of the development taking place in all countries.

    For his part, Muhammad Habib, the sales manager of a German company participating in the exhibition, told the Iraqi News Agency (INA), "Our participation this year in the exhibition is the third, because we are interested in being present during a specialized exhibition for building materials and infrastructure," explaining, "Our company is a well-known brand in The field of pipes, water and sanitation equipment, which exports its products to 45 countries around the world, including Iraq.