Minister of Construction-Adoption Astratejatn to turn loss-making co's into profit
Minister of Construction: Adoption Astratejatn to turn the loss-making companies into profitable
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Minister of Construction and Housing and public municipalities Kikhany Tariq, said that the ministry adopted a new Astratejatn to turn the loss-making companies into profitable next year.
Said Kikhany's (IMN) "The ministry has taken strategic new to turn the loss-making companies into profitable, one assignment of a number of service projects to those companies to activate their role, and the other activating the role of factories and laboratories affiliated to those companies that have given off by changing the reality that financial companies in a period of too short".
Kikhany He added that "companies factories are currently production," explaining that "there is a quantum leap in the production of concrete plant, where production reached 30% increase in the past few months is evidence of the ability of these companies to regain its former position despite the lack of financial allocations."
And Devt Commission services and reconstruction in the House of Representatives, earlier, Minister of Construction and Housing Tariq Kikhany, to discuss the ministry's plan for projects lagging and future projects, especially roads and housing fund.
The Kikhany confirmed earlier that the ministry loss-making companies will be profitable by the second half of next year 2016 and will not need financial aid.