Iraq is taking major steps to enhance its industrial output through new public-private partnerships. Therefore, the Ministry of Industry and Minerals signed two PPP contracts to develop key factories. These agreements aim to boost factory production and promote Iraqi-made goods.
To begin with, the first contract focuses on the starch and dextrin factory in Babil province. As part of the plan, the factory will receive several advanced upgrades to improve its capabilities. For example, a dry corn milling plant and a bottled water line will be installed. In addition, the site will include a gelatinised starch production unit and a corn gypsum unit.
Meanwhile, the second contract targets the Al-Ameen factory, which produces soap and detergents. This deal outlines the complete modernisation of its production lines. As a result, the factory will produce new items such as toilet soaps, laurel soaps, and liquid soaps. Furthermore, it will manufacture dishwashing liquid, car shampoo, glass cleaner, and carpet cleaner.
Moreover, Director General Eng. Haider Shwia Mazal highlighted the importance of these deals. He noted that working with private firms brings new technology and better production methods. In turn, this leads to higher quality products and more competitive pricing.
Additionally, the agreements help reduce Iraq’s reliance on foreign imports. By producing more locally, Iraq can meet growing market needs while supporting the national economy. Besides that, the projects will create job opportunities and stimulate industrial growth.
Indeed, these contracts to boost factory production are part of a wider national development plan. The Ministry sees these deals as a smart way to upgrade old infrastructure. At the same time, they attract investment without putting pressure on public finances.
Consequently, the new production lines will raise both efficiency and output. Iraqi consumers will benefit from better, more affordable products made at home. Also, the move may inspire similar projects across other industries.
The contracts to boost factory production represent a turning point for Iraq’s industry. Through strategic partnerships, the country is reviving its manufacturing sector. In conclusion, these efforts promise long-term economic gains and greater industrial self-reliance.
