Iraq and China discuss the possibility of cooperation in the field of investment

Business & Finance

Economy News / Baghdad ...

General Company for Steel Industries discussed with a delegation from the Chinese company the possibility of joint cooperation and investment to draft rolling mill and continuous casting for the advancement of the industrial reality and achieve a quantum leap in this area.

The director of the Information Center and Public Relations at the Ministry Abdul Wahid al-Shammari said in a statement received "Economy News" to dirty it, "The company, represented by its General Manager Jalal Abbas Hussein discussed with the Chinese delegation headed by the managing director of the company's beauty couches possibility of cooperation in the field of investment or partnership for the implementation of draft rolling mill and continuous casting to bring in an integrated production line and within international standards and keep pace with the industrial development in the world for the production of rebar and fill the market need for this product, stressing that the choice of the contract to the Chinese side formula are either part of the investment law, participation, or manufacturing to others. "

He continued, "The company is keen on the need to study the market indicators and according to their needs, adding" to discuss investment opportunities and contracts for a partnership to ensure the company and partner to ensure the continuity of the work.