Al-Sudani Receives a Delegation from a Chinese Company

  • 30-11-2023, 12:31
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    INA-  Baghdad

    Media Office of the Prime Minister stated in a statement received by the Iraqi News Agency INA that "Prime Minister Mohammed S. Al-Sudani welcomed the President of the Chinese Tsingshan Holding Group, Mr. Zhang Jiming, and his delegation. During the meeting, the Prime Minister highlighted Iraq's promising investment opportunities open to investors, assuring that the government will facilitate the requirements for major companies of diverse nationalities."

    The statement said that "Tsingshan Holding Group, one of China's largest with global investments, is slated to execute an advanced industrial city project in Basra Governorate, focusing on iron manufacturing. Furthermore, the company is in the process of contracting to establish a sulfur investment project in Iraq, aiming for international exportation."

    The statement also added that "These projects align with the government's strategy to invest in Iraq's natural resources and revitalizing the industrial sector. This sector serves as a crucial pillar within the economic reform packages, reflecting a top priority in the government's program."