The Prime Minister forms a team to support the industrial sector

Economy
  • 16-01-2024, 13:38
  • +A -A

     
    Baghdad-INA
     
    The Advisor to the Prime Minister for Industry Affairs and Private Sector Development Hamoudi Al-Lami, announced on Tuesday,  facilitating the establishment of factories that include providing lands and soft loans. 

    Al-Lami said" The Prime Minister pays great attention to the industrial sector, specifically the private sector,” pointing out that “the Prime Minister, since assuming his responsibility , directed providing many packages to support the private sector in all fields.”
     
    He added, "Decisions were issued to grant facilities for establishing factories through the Agricultural Lands Authority, allocate the lands necessary to establish factories, and grant soft loans to investors, as well as to industrialists who wish to expand their industrial activity," indicating that "Iraq is now witnessing an industrial revolution."

    He explained, "Nearly two months ago, the Prime Minister formed a team to support the industrial sector by Diwani order," noting that "this team consists of 7 advisors from different specialties who meets every week to discuss all the problems, obstacles, and means to support the private sector needs."