More Iraqi News Sunday PM 1-9-22
More Iraqi News Sunday PM 1-9-22
TLM724 Administrator BondLady’s Corner
Voting begins for Parliament Speaker
Political | 06:11 - 09/01/2022 Baghdad - Mawazine News, Representatives began voting to choose a new Speaker of the House of Representatives in its fifth session.
A source said in an interview with "Mawazine News" that "President of the age, Khaled Al-Darraji, directed the distribution of the election papers of the speaker of the parliament to the representatives."
He added, "The deputies began voting to choose one of the candidates, Muhammad al-Halbousi and Mahmoud al-Mashhadani." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=181098
Iraq Is Out Of The List Of Countries With High Risks In The Field Of Combating Money Laundering And Terrorist Financing
Political | 06:49 - 09/01/2022 Iraq is out of the list of countries with high risks in the field of combating money laundering and terrorist financing https://www.mawazin.net/Details.aspx?jimare=181106
Al-Muthanna Employs Its Location To Create The Largest Investment Center In The Country
Sunday 09 January 2022 117 Samawa: Kazem Al-Hanawi An important step adopted by the Muthanna Investment Authority is to invest in the governorate's geographical location in establishing productive projects near the highway and railways.
Creating an ideal investment environment that attracts the largest investments in Iraq because the governorate is located in the middle of the distance between Baghdad and Basra and is close to rapid transport lines and railway stations, including the railway station in Samawah, which is one of the largest stations in Iraq due to its storage and transportation capabilities.
Investment projects are being implemented in Al-Najmi district, north of the governorate and near the highway. After this trend, the current indicators indicate a rise in the rate of migration to Al-Najmi Center to work on investment projects, in conjunction with the increase in job opportunities in the region and the good shift in internal services.
2021 More than 20 billion and 236 million dollars, and if the investment rate remains at this high, the judiciary by the end of 2022 will achieve the largest investment rate in Iraq, with an investment of more than 30 billion dollars.It is planned to make the province one of the important international centers for export outside the country, taking advantage of its being one distance from all the outlets of central and southern Iraq after the high rate of investments that resulted in an economic movement, as its location constitutes a regional link, as well as its location near the highway linking Iraq Jordan and Syria, which contributed to raising the investment rate in the region and stimulating the private sector to seize the opportunities of investment programs offered by the Investment Authority in the Governorate of Muthanna.
Director of the Muthanna Investment Authority, Adel Al-Yasiri, said: "The number of investment licenses granted since the establishment of the authority exceeded 200 in various sectors," noting that "those projects were distributed between industrial and agricultural," and that most of them entered the stage of actual production and export to the markets, while In the coming months or years, other projects will be opened in the Najmi axis in the north of the governorate and adjacent to the international road.”
Pharmaceutical Industry
Al-Yasiri pointed out that “the implementation of the laboratory for the manufacture of medicines and medical solutions, which is being implemented on an area of (50) dunums, and at a cost of about (75) million dollars, financed by an Iraqi investor, will be completed within a period not exceeding (24) months.” It will provide job opportunities during the implementation period for (130) workers per day, while (200) workers will be permanently employed during the operation phase. commercial.”
He pointed out that "the green fields project for the production of table eggs is being started, as it is implemented on an area of(20) dunums and at a cost of about (11) million dollars. The (Kieggs) system and a production capacity of (135) million eggs annually.
Astral Spend
Al-Yasiri explained that “the governorate is witnessing the implementation of many projects in Al-Najmi district, the most important of which is the project for filling motor oils and grease, which is implemented on an area of (10) dunums, and at a cost of about (21) billion Iraqi dinars, and the investment project of soybean cake in Al-Muthanna, which is implemented at a cost of up to (65) ) million dollars in Al-Najmi district, the completion period is 3 years, the project area is 30 dunums, and it provides job opportunities in the project.
The Arab Integration Company also continues to work on the project for the production of foodstuffs and the manufacture of soft drinks, juices and metal cans after the company reached the final stages of its first project in Muthanna for the production of tomato paste And cheese and sauce, which will start production soon.”
Production Lines
He pointed out that production will continue at the tomato paste plant, which includes several production lines, including a line for the production of milk powder with a capacity of thirty thousand tons annually, a second line for the production of juice powder with a capacity of ten thousand tons annually, a third line for the production of custard powder with a capacity of fifteen thousand tons annually, and the fourth line for the production of powder Starch with a capacity of fifteen thousand tons annually, as well as the production of metal cans, as it is implemented at a cost of more than (14) million dollars, financed by a local investor.
Dairy Products
He stressed, "Implementation of a new factory for dairy production on an area of (50) dunums at a cost of up to (9.5) billion Iraqi dinars, which will include the production of all dairy products and cheese with a capacity of (30) tons per day, as well as the project of the Venusia Company for Industrial Investments for the first phase, which includes a factory for the production of Porcelain flooring material, a factory for the production of glazed ceramics, a factory for the production of paper and cardboard, and a station for the production of electric power for the factory. The implementation of the project has begun, and 300 dunams.” LINK
The Industrial Sector And The National Will
Sunday 09 January 2022 109 Baghdad: Imad Of The Emirate
Two specialists in economic affairs stressed the inevitability of serious work to advance the national economy through the most important gates of sustainable development represented by the industrial sector, which needs a real national will to move its wheel to be the first station in the process of economic development that it seeks country.
The industrial sector is one of the sectors that expresses the extent of development that the countries of the world have reached. It also constitutes an actual driving force for economic activity in the country, due to its capabilities and capabilities that qualify it to contribute effectively to achieving sustainable local development, by contributing to the gross domestic product. Academic Dr. Wafaa Al-Mahdawi said that “industrial projects in the country, especially small projects, are among the most important premises for sustainable local development, through which production capacity increases on the one hand and contributes to addressing the problems of unemployment and poverty on the other hand. Small industrial projects are characterized by the ease of establishment because they do not need large capital or Advanced technology and its ability to produce in various areas of development, in addition to the fact that these projects do not need skill, which enhances their role in absorbing The unemployment" .
Local Market
Al-Mahdawi added that "these projects are characterized by their ability to meet part of the needs of the local market, and then this contributes to reducing the deficit in the balance of payments due to import from abroad, and these small industrial projects have links with other industries, and they play a role in expanding the local production base as It contributes to meeting some of the needs of large industries for commodity requirements, in addition to the ability of these projects to benefit from the remnants of large industries.”
And she continued: “On the subject of industrial projects and the production base in Iraq, it is necessary to move in the field of industrial investment, and that the industrial sector development program is not limited to rehabilitating existing government factories, but the campaign includes promoting the establishment of new industrial projects for the private sector, and that many factories need to Financial allocations from the investment budget to rehabilitate it and make it attractive to foreign and national investment.
The Ministry of Industry
On a related level, the Ministry of Industry confirmed on several occasions that the government is determined to revive the national industry and restore its productive value, which needs a serious and real stand with the support and backing of all state institutions and sectors to restore confidence in the national industry, and that the ministry supported industrial companies by providing loans and aid Finance from sister Arab companies through joint cooperation, and the Ministry of Industry was able to rehabilitate and operate many of the suspended factories.
New Technology
In a related hadith, a specialist in economic affairs, d. Abdul Karim Al-Issawi, said: “In order to introduce real reforms to develop the Iraqi industrial sector, it is necessary to introduce modern technology, train workers on new production lines, fully equip the national electricity, and announce and introduce the national industry to the public through various media to stimulate the national feeling of the importance of acquiring the products of the national industry and border control. Informal, imposing taxes on imported goods similar to local production, developing manufacturing industries by granting a concession at the foreign exchange rate, and applying patents in the field of technology.
Private Sector
Al-Issawi continued, “As for the issue of state-owned industrial public companies when converting them to the private sector, this step is one of the correct options to advance the Iraqi economy in general and the industrial sector in particular, but here it is necessary for government supervision to preserve national employment, at least in the short period of time. Without immediate layoffs to avoid social problems (unemployment). LINK
Al-Ghazi Stresses The Importance Of Ending The File Of Vital Projects In The Liberated Areas
Money and business Economy News _ Baghdad Today, Sunday, the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, stressed the importance of ending the file of vital projects in the liberated areas.
And the secretariat stated in a statement received by "Economy News", that "the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, discussed with the resident representative of the United Nations Development Program in Iraq, Zina Ahmed, the latest developments in the work of the program and the projects implemented in the liberated areas."
The Secretary-General of the Council of Ministers stressed, according to the statement, "the need to end this vital and important file, and restore the stability effort to the liberated areas, by implementing the most important projects within the educational, health, and infrastructure sectors to secure a decent life for citizens."
The statement added, "The two sides discussed preparations for the opening of a number of projects implemented in the governorates of Nineveh and Kirkuk, after they were rehabilitated by the program in coordination between the General Secretariat of the Council of Ministers and donor countries, in addition to preparing for holding an international conference for the Steering Committee, to review what was accomplished during the previous phase." According to the plan.
He continued, "The two parties discussed during the meeting the possibility of the program's contribution to developing the e-governance program and the digital exchange mechanism, in addition to joint work on the program to combat violent extremism and promoting community reconciliation, and holding workshops and training courses to develop skills for the Iraqi side."
For her part, the resident representative of the United Nations Development Program in Iraq praised the role of the General Secretariat of the Council of Ministers, extending the program until 2023, and releasing the second batch of funds allocated by the Iraqi government to support the program in implementing projects to rehabilitate the liberated areas. Views 117 Date Added 01/09/2022 https://economy-news.net/content.php?id=27094
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