Business Services Industry
IRAQ: UNIDO SUPPORTS SMALL AND MEDIUM INDUSTRIES.(United Nations Industrial Development Organization)(Brief Article)
IPR Strategic Business Information Database, March, 2005
The Iraqi Industry and Minerals ministry reported that a total of 1.022 million tons of cement were produced during the last 6 months by the factories located all across Iraq. This quantity helped the reconstruction process, the ministry said in a recent report issued by the ministry. The report clarified that the ministry has prepared studies to construct two industrial complexes for the private sector.
The report added, according to Daralhayat newspaper, that the ministry, with the cooperation of UNIDO, will cover all needed to improve production capacity of major industrial units. The costs of such a project will hit US$9.7 million. In addition, US$3 million will be directed for a program to promote investments and development of small and medium units.
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