The parliamentary economy calls for investors to rehabilitate the Iraqi laboratories

12/05/2017 11:54 | Number of readings:

Trend Press / Agencies

A member of the Committee on Economy and Investment parliamentary Najiba Najib, Friday, Iraqi and foreign investors to participate with the Iraqi government, in the rehabilitation of factories and factories and investment in it.

Najib said in a press statement that "the government began to implement this year in the shadow of a financial crisis suffocating and there was not enough revenue to cover the rehabilitation of the industrial sector, so resorted to privatization and participation with the private sector of companies and investors," noting that "economic studies prepared by the government, Has reached the importance of restoring the industrial sector, through the rehabilitation of factories that are lost, closed and idle.

"The 2017 budget focused on the need to support the local product, so that the House of Representatives obliged the factories and laboratories of the government to provide themselves with equipment and logistics of Iraqi origin."

Najib called on investors and Iraqi and foreign private companies to "participate and invest in the Iraqi industrial sector"