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Industry and Minerals: merge and reduce the ministry's companies to 32 companies
2015/10/20
{Baghdad: Euphrates News} Minister of Industry and Minerals Mohammed announced Darraji from the General Secretariat of the Council of Ministers approval to merge and reduce the ministry's corporate decision by the similarity of specialty and industrial activity for the limited edition on 32 public company only, without compromising the human resources working in those companies.
He said al-Darraji during a press conference held at the ministry's headquarters today, said that "the merger with General Motors Co., the General Company for Mechanical Industries and batteries in one company included, and the integration of the General Company for Industrial Design, construction and design, and implementation of projects, and the integration of the two systems, information systems, and the integration of Canadian companies and Salah religion and urban areas, and the integration of the two Knight and Radwan, integrating Nasr my company and steadfastness, and the integration of redemption companies and Ibn Al Waleed and al-Nu'man, and the integration of the two martyr and brotherhood, and the merger of Diyala and Al-Mansour, and the integration of the two electrical industries and splendor, and the integration of the two petrochemical and paper industries, and the integration of the southern and northern fertilizer companies. "
He said the "decision also included the merger of the tire and rubber industry, and the merger of the Euphrates and General Tariq, and the merger of mining and with masts, and the integration of North and South of the Iraqi cement industry, and the integration of the two refractories, glass, ceramics, and the integration of the two drugs Nineveh, Samarra, and the integration of vegetable oils companies and tobaccos and dairy industry sugar, and the integration of cotton and woolen companies and leather, textile and Wasit, and the merger of the challenge and Zora, "explaining further that will be integrated eight companies that used to belong to the board of MIC dissolved in one company for Military Industries, and will be linked Bhaoh military industries, which recently was formed."
He called the legislative and executive bodies with the support directed the ministry to promote the local industrial reality, especially at this critical time when the country is suffering from financial hardship due to lower oil prices, as it accounted for imports of Iraqi industry 14% of GNP, while not a current ratio of 1% of it; the lack of infrastructure suitable for industrial activity provides.
He said the "investment budget amounts have not been allocated to remember the Ministry of Industry, what makes it imperative to resort to open for partnership and investment to private sector companies for the rehabilitation and operation of its plants stalled." Ended h
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2015/10/20
{Baghdad: Euphrates News} Minister of Industry and Minerals Mohammed announced Darraji from the General Secretariat of the Council of Ministers approval to merge and reduce the ministry's corporate decision by the similarity of specialty and industrial activity for the limited edition on 32 public company only, without compromising the human resources working in those companies.
He said al-Darraji during a press conference held at the ministry's headquarters today, said that "the merger with General Motors Co., the General Company for Mechanical Industries and batteries in one company included, and the integration of the General Company for Industrial Design, construction and design, and implementation of projects, and the integration of the two systems, information systems, and the integration of Canadian companies and Salah religion and urban areas, and the integration of the two Knight and Radwan, integrating Nasr my company and steadfastness, and the integration of redemption companies and Ibn Al Waleed and al-Nu'man, and the integration of the two martyr and brotherhood, and the merger of Diyala and Al-Mansour, and the integration of the two electrical industries and splendor, and the integration of the two petrochemical and paper industries, and the integration of the southern and northern fertilizer companies. "
He said the "decision also included the merger of the tire and rubber industry, and the merger of the Euphrates and General Tariq, and the merger of mining and with masts, and the integration of North and South of the Iraqi cement industry, and the integration of the two refractories, glass, ceramics, and the integration of the two drugs Nineveh, Samarra, and the integration of vegetable oils companies and tobaccos and dairy industry sugar, and the integration of cotton and woolen companies and leather, textile and Wasit, and the merger of the challenge and Zora, "explaining further that will be integrated eight companies that used to belong to the board of MIC dissolved in one company for Military Industries, and will be linked Bhaoh military industries, which recently was formed."
He called the legislative and executive bodies with the support directed the ministry to promote the local industrial reality, especially at this critical time when the country is suffering from financial hardship due to lower oil prices, as it accounted for imports of Iraqi industry 14% of GNP, while not a current ratio of 1% of it; the lack of infrastructure suitable for industrial activity provides.
He said the "investment budget amounts have not been allocated to remember the Ministry of Industry, what makes it imperative to resort to open for partnership and investment to private sector companies for the rehabilitation and operation of its plants stalled." Ended h
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