AL-SUDANI: “MADE IN IRAQ” IS A NATIONAL PROJECT WE ARE COUNTING ON
Prime Minister Mohammed Shia al-Sudani inaugurated, on Wednesday, the Construction Cooperation Center (Construction Basket), which was implemented by the General Company for Construction Materials Trade at the Ministry of Trade, in partnership with the private sector.
During the opening ceremony, Al-Sudani emphasized that the project contributes to providing building materials at competitive prices and convenient installments to citizens, particularly targeted groups such as retirees, those covered by the social security network, martyrs’ families, and employees.
The Prime Minister praised the efforts of the Ministry of Trade and those behind the project, considering the “Made in Iraq” concept a working method for restoring prestige to national industry, given the “real revolution” the construction sector is witnessing, both through state projects and at the investment level. Al-Sudani directed a coordination workshop to be held among relevant authorities to establish a mechanism enabling citizens to obtain loans and building permits, while also securing the construction materials they need to build a home.
He pointed out that the government has adopted a cooperative approach, with public sector participation, to control commodity prices, starting with food items through the “hypermarket” project, and now in the construction sector through the “construction basket.”
He explained that the project provides construction materials in accordance with Iraqi standard specifications and supports housing projects by granting investment licenses for approximately one million housing units, in addition to initiatives by the Housing Fund and the Real Estate Bank.
He explained that sovereign guarantees for the private sector focused on industrial sectors, with facilities for investors in constructing various factories. He emphasized the continuation of work with the Federation of Industries and Contractors, and the empowerment of the private sector as a partner in meeting market needs and providing job opportunities.
Al-Sudani concluded by pointing out the need to extend this experience to other governorates, starting with Nineveh and Basra.
