Al-Sudani unveils major industrial and energy projects in Karbala
Shafaq News/ PM Mohammed Shia Al-Sudani has officially launched the first phase of four major projects within the Karbala Industrial City, including an industrial gases plant, a kerosene production facility, a vacuum distillation unit, and an organic solvents plant, to contribute significantly to the nation's economic growth and self-sufficiency.
During the inauguration ceremony, Al-Sudani emphasized the potential of these projects to create jobs, reduce import dependency, and stimulate local industry. The industrial gases plant, with a daily capacity of 1,000 tons, is expected to meet the growing demand for various gases across sectors, while the kerosene plant, producing 1,000 cubic meters per day, will enhance Iraq's energy supply.
The vacuum distillation plant, with a capacity of 2,500 tons per day, will improve crude oil processing, providing essential components for refining and industrial use. Additionally, the organic solvents plant, producing 1,000 cubic meters per day, will supply critical materials to the chemical industry.
These initiatives mark the first phase of Karbala Industrial City's development, a key part of the government's broader strategy to diversify Iraq's economy and reduce reliance on oil exports. Al-Sudani reiterated the government's commitment to industrial growth, urging both local and international investors to contribute to the country's economic transformation.
Earlier today, Al-Sudani arrived at Karbala International Airport as the $500 million expansion project nears completion, positioning the airport to handle up to 20 million passengers annually. furthermore, he announced the launch of a major electricity project in Karbala, aiming to produce 10,000 megawatts (MW) of power, and inaugurated three significant power plants: the Karbala gas-fired combined cycle power plant with a capacity of 132 MW, the Karbala solar power station with a capacity of 300 MW, and the Shores of Karbala Substation (400 KV) with a capacity of 1,500 MW.
ANALYSIS
Prime Minister Mohammed Shia Al-Sudani has recently unveiled several major industrial and energy projects in Karbala, marking a significant step in Iraq's economic development. These projects, which include an industrial gases plant, a kerosene production facility, a vacuum distillation unit, and an organic solvents plant, are part of the first phase of the Karbala Industrial City's development.
Key Details of the Projects:
Industrial Gases Plant: This facility will have a daily production capacity of 1,000 tons, aiming to meet the demand for gases used across various sectors.
Kerosene Production Facility: With a daily output of 1,000 cubic meters, this plant is designed to enhance Iraq's energy supply.
Vacuum Distillation Unit: Capable of processing 2,500 tons per day, this unit will improve the refinement of crude oil and provide essential components for industrial use.
Organic Solvents Plant: Producing 1,000 cubic meters per day, this plant will supply important materials for the chemical industry.
These projects are part of a broader strategy to diversify Iraq's economy beyond its dependence on oil exports. The industrial advancements are expected to generate jobs, reduce import dependency, and stimulate local industries.
In addition to these industrial developments, Al-Sudani highlighted the nearing completion of the $500 million expansion project at Karbala International Airport, which will increase its capacity to handle up to 20 million passengers annually.
The Prime Minister also announced a major electricity project aimed at producing 10,000 megawatts (MW) of power. This includes:
- Karbala Gas-Fired Combined Cycle Power Plant: 132 MW capacity
- Karbala Solar Power Station: 300 MW capacity
- Shores of Karbala Substation (400 KV): 1,500 MW capacity
These initiatives underline the government's commitment to economic transformation and invite both local and international investors to participate in Iraq's industrial growth.