A government move to establish the first industrial city specialized in iron and steel

Baghdad-INA  
The Ministry of Industry and Minerals announced today, Wednesday, the preparation of the necessary requirements to establish the industrial city specialized in iron and steel in Basra Governorate, stressing that the contracting file has reached advanced stages.
 
The ministry's spokeswoman, Dhuha Al-Jubouri, told the Iraqi News Agency (INA): that "The Ministry of Industry and Minerals, represented by its Minister Khaled Batal Al-Najm, has paid special attention to establishing and developing industrial cities in general, including specialized industrial cities, such as the city specialized in the iron and steel industry that will be established on the land belonging to the Iron and Steel Company in Basra Governorate."
 
She added, "This city will be important in meeting the requirements of iron and steel products, and this experience is distinguished by being the first industrial city to be developed by a global company specialized in this field."
 
She pointed out that "the Council of Ministers decided in its regular session No. 42 held on 10/15/2024 to approve the authorization of the General Company for Iron and Steel to enter into a partnership with a developer to establish an industrial city in Basra Governorate on the company's plot of land, in accordance with the provisions of the Public Companies Law."
Al-Jubouri confirmed that "the Industrial Cities Authority, in coordination with the General Company for Iron and Steel, is working to prepare all requirements and proceed with the contract, which is now in advanced stages."