An invitation to engage the private sector in the production of oil derivatives 10-25
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    An invitation to engage the private sector in the production of oil derivatives 10-25

    An invitation to engage the private sector in the production of oil derivatives

    26/10/2016 0:00

    BAGHDAD / Suha Shaykhli
    Rise Nations actively the private sector , which constitutes the center of life in all countries in all industrial, agricultural and commercial diversity of the economy is the wheel that push the country forward and who takes his hand toward the sophisticated, prosperous economy and what the Iraqi economic situation suffer from inactivity is therefore essential sector development private investment projects for the advancement of the economic reality of the country.

    In this regard , an economic expert , Dr. Akram Abdel Aziz called for the adoption of the Iraqi private sector, in that it has an active role in the field of oil , similar to the private sector foreign.

    She continued in her speech «morning»: that Iraq possessed minds and possibilities brilliantly represented by the expertise and competencies that are sizeable with the possibility to invest in this aspect, pointing out that the foreign sector has the ability to provide us with the technology and the heads of big money, expressing her wish to be a private sector participation to the oil sector wider to the service of the country.

    She Abdul Aziz to the need reconsider your Baktaana in the petroleum industry through giving him a role in the oil derivatives manufacturing, and we should not look to the foreign investor just because he has the experience, confirming the presence of Iraqi expertise used by foreigners , both at the government levels and the private sector.

    The Iraqi experience of working on oil projects management large regionally and internationally and of interest to large by the major specialized international companies.

    She added that the private sector has developed his strategies for its development through an initiative for small and medium loans and not go by the relevant industrial and agricultural importance projects, stressing that the private sector development project is very important, but it needs a financial management technical and highly professional manner to achieve it because it drives the Iraqi economy and contribute to attract investment and diversify the economic structure of the country.

    She is well known that our economy is exposed to crises and financial consequences after 2003, was a positive step to think about the role of the market economy , the private sector , including expands the scope of the contribution of this sector activity economic. And showed the importance of the re - private sector arrangement mess , in light of dumping the commodity, as well as entitlements on the state of the bonds , along with its demand to provide liquidity to him because it means recycled and used in other activities.

    She stressed Abdul Aziz , the need to meet the demands of the private sector to meet the obligations all aspects of how he has to face these obligations if they did not take his rights? Noting that this responsibility has made the majority of capital migrate abroad, as well as other problems of security such as the situation and stop the majority of laboratories.

    Pointing out that we are now seeing some improvement, stressing the need that things are back to normal and recover the private sector rights in an orderly fashion so that re - invested in the cycle the local economy and achieve the goals that serve the process of transformation. Abdul Aziz stressed the need to speed up his rights by giving the private sector and in a more flexible and professional as well as the implementation of the strategic development of the private sector , which included several axes to guide their investment inward across encourage them and motivate them.

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    Last edited by Loopback; 10-26-2016 at 12:40 AM.



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