Insight Iraq

In-Depth News & Views


Iraq authorizes new steel factory and airport in Al-Diwaniyah

Baghdad ( As element of a article-war reconstruction plan, Iraq has licensed two tasks, such as the advancement of a new non-armed forces airport and a metal mill.

The authorization was granted by the Iraqi Prime Minister, Mohammed Shia Al-Sudani, all through a cupboard meeting on Wednesday that provided the Supreme Committee for Development and Investment decision.

The two assignments are planned to be made in Al-Diwaniyah governorate.

A statement unveiled by the Key Ministers Office (PMO) disclosed that the contractors for these assignments will be picked by the Countrywide Investment decision Fee (NIC).

Although the announcement lacked details about the airport, Iraq has been actively constructing new seaports and airports to raise its logistical abilities.

The Director Typical of the Point out Firm for Iron and Metal (SCIS), Abbas Hayal, explained this 7 days that the governing administration intends to sign a deal with a key Chinese business to establish a steel plant in Iraq.

In addition to metal crops now running in Iraq, the government is setting up to set up new vegetation in numerous governorates, Hayal told the Iraqi Information Company (INA).

The Iraqi formal clarified that a delegation headed by the Minister of Industry and Minerals, Khaled Battal, frequented the headquarters of a Chinese organization in China ahead of negotiations took spot among the two sides.

Further more discussions are scheduled to be held this week with the Chinese business, which was granted 3 square kilometers of land to established up a massive industrial town.

Al-Sudani inaugurated previously this thirty day period a rolling mill in the southern Iraqi governorate of Basra to develop metallic bars and sheets.

The procedure at the rolling mill, one particular of the factories of the SCIS, has been stopped due to the fact 2003.

For the duration of the past a long time, programs have been created to carry out an built-in undertaking rehabilitating the steel marketplace in Iraq.