Friday, May 24, 2024

Minister Of Electricity: We Are Working To Support The Private Sector By Establishing National Production Lines, 24 MAY

 Minister Of Electricity: We Are Working To Support The Private Sector By Establishing National Production Lines

Minister of Electricity Ziad Ali Fadel  energy  Economy News – Baghdad  The Minister of Electricity, Ziad Ali Fadel, confirmed on Thursday that the ministry is working to support the private sector in the country by establishing national production lines.

The media office of the Minister of Electricity said in a statement, seen by Al-Eqtisad News, that “the Minister met with a delegation from the Riyadh Cable Company and a coalition of Al-Rowad companies for the production of electrical wires and cables.”

The Minister of Electricity confirmed, according to the statement, that “we have an intention to support the private sector and stimulate the industrial movement in the country by establishing national production lines that attract labor and contribute to meeting the electricity sector’s need for spare parts.”

He added: “We need to produce wires and cables (11, 33, and 132 kV) to keep up with demand and address bottlenecks.”

He pointed out that "there are controls for laboratory and factory tests conducted by the Ministry to proceed with competitive transactions in accordance with the approved specifications."

The Minister of Electricity continued, "Private sector companies have successful experiences with the ministry's formations, and we hope to strengthen them and develop production facilities in a way that serves and achieves the public interest."

Views 75 05/23/2024 - https://economy-news.net/content.php?id=43682


No comments:

Post a Comment

RV UPDATED BY TEXAS SNAKE, 22 NOV

Texas Snake  Banker will call me Sunday morning to confirm on  Sunday morning but at  this point in time, he has  all his exchange specialis...