Darraji: the decision to invest with the private sector promotes activation of the national industry

2016-01-07 23:18:11 | (Voice of Iraq) - Baghdad

The Minister of Industry and Minerals Mohammed Darraji, on Thursday, that the cabinet's decision to activate the investment with the private sector promotes "national industry", while noting that this decision will encourage the private sector to set up all the projects.

A statement from the Ministry of Minerals industry that "the Minister of Industry and Minerals Mohammed Darraji, and cadres working in the ministry appreciates Prime Minister Haider al-Abadi decision on giving us the powers of investment and engagement with the private sector in production and move away from the bureaucracy and maximize imports ministry activation."

Darraji said according to the statement that "such decisions that will strengthen the partnership between the private and mixed sectoral equality in the public sector to contribute to the national industry."

The Minister of Industry and Minerals said "This decision will have a positive impact to support and encourage the private sector in the establishment of small and medium enterprises and provide the necessary support for it."

It edict "This decision will be a link between the public and private sectors and mixed in terms of developing the capabilities of the Iraqi working hand which leads in turn bring life to the Iraqi industry and thus providing liquidity to fill some of the budget deficit."

The Minister of Industry and Minerals, Mohammed al-Darraji, said in (the 22 of November 2015), that Iraq produces 271 material, while the existence of a campaign to hit Iraqi industry, counting the hard currency from Iraq get out and converted to consumables will lead to the collapse of the country's economy.

The Ministry of Industry and Minerals, announced in (the 25th of November 2015), for approval of the Cabinet of the forty-five minutes, to activate the decision required all ministries and government agencies to purchase public its products.