Latest news with #Al-Sudani
Iraqi News
4 hours ago
- Business
- Iraqi News
Al-Sudani reaffirms Government Support for the Iraqi Industrial Sector to Boost Production and Reduce Unemployment
Baghdad-INA Prime Minister Mohammed S. Al-Sudani inaugurated today, Saturday, the factories of the United Arab Company for Food Industries Ltd., located in Al-Mahmoudiya District, south of Baghdad, along the main highway. Prime Minister's media office said in a statement received by the Iraqi News Agency (INA):" Al-Sudani toured the company's facilities, including its factories and administrative departments, and met with its workers,he listened to a detailed briefing on the company's products and production level, which represents the first phase of operations, as well as the challenges faced." Prime Minister Al-Sudani praised," the efforts of the company's leadership and employees, affirming the government's readiness to provide all necessary services and facilitation to move into the second phase of expansion and production. He commended the factory as a model project implemented to modern standards and emphasized the importance of supporting successful private sector ventures in establishing advanced production lines, noting that the private sector is a true partner in advancing the national economy." The completed first phase includes factories for pasta and noodles, built on 20% of the total area of 123 dunams. The total investment amounts to 128 billion Iraqi dinars. The company plans to increase its workforce to over 1,000 employees and aims to supply the local market while also considering export offers to neighboring countries. Key Highlights from the Prime Minister's Remarks: These factories currently employ 800 workers who receive entitlements similar to public sector employees—this is the true meaning of partnership in confronting challenges. The private sector contributes to solving societal problems, including addressing unemployment. The unemployment rate has decreased to 13% due to the expansion of the private sector, especially following the enactment of the Retirement and Social Security Law, which equalized benefits between private and public sector workers. The government continues to address laws and regulations that may hinder private sector operations. Private sector representatives participate in every session of the Economic Ministerial Council and are involved in proposals and decision-making. The private sector needs state support in completing infrastructure to launch projects. The government is committed to supporting domestically manufactured goods by subsidizing 18% of the product value for export purposes. Citizens take pride in products labeled 'Made in Iraq,' which undergo testing and quality control. Domestic production generates significant cash flow and contributes to job creation. The Iraqi industrial sector must be encouraged to take the lead in enhancing and expanding production, and the government will provide the necessary support. Iraqi factories today are equipped with the latest machinery and technologies, marking a significant industrial revival. The government's responsibility is to regulate, support, and prepare the appropriate groundwork—while the private sector must lead in work and production.
Iraqi News
2 days ago
- Business
- Iraqi News
Iraq to construct 60,000-unit new residential city
Baghdad ( – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, announced on Wednesday the launch of the construction work of the New Sadr City project, which will include 60,000 housing units. According to a statement from the Prime Minister's Office (PMO), the new Sadr City project will consist of 60,000 housing units of various designs and sizes, distributed across 52 districts. Additionally, there will be an integrated commercial and service hub located at the center of the city. The statement mentioned that an agreement was concluded with a Chinese company on April 22 to build up the necessary infrastructure, roadways, and supplementary works for an 11,000-unit residential area, as well as the basic layers of the main highways. According to the Iraqi News Agency (INA), the 1,200-day agreement marks the project's first phase. Al-Sudani emphasized the importance of initiating construction on the infrastructure for New Sadr City. This infrastructure will encompass sewage and drinking water networks, roadways, as well as electrical and telecommunication systems to support 60,000 residential units. Al-Sudani emphasized that the project introduces a new economic model, the first of its kind, in which the government plays a role in providing essential infrastructure. Subsequently, the private sector is brought in as a key partner for the planned construction of residential cities.
Iraqi News
2 days ago
- Politics
- Iraqi News
Al-Sudani chairs a meeting to discuss lifting the European ban on Iraqi Airways
Baghdad - INA Prime Minister Mohammed Shia al-Sudani chaired a meeting on Thursday with representatives of the International Air Transport Association (IATA) to follow up on procedures to lift the European ban on Iraqi Airways. The Prime Minister's media office said in a statement received by the Iraqi News Agency (INA): "Prime Minister Mohammed Shia al-Sudani chaired a meeting with representatives of the International Air Transport Association (IATA) to follow up on procedures to lift the European ban on Iraqi Airways." He added that "Al-Sudani listened to a detailed explanation from the delegation representative and the head of the Iraqi Civil Aviation Authority about the latest developments in this file, which included the completion of 71% of the corrective plan established during previous meetings, as well as discussions regarding the signing of a memorandum of understanding between Iraq and IATA." He continued, "During the meeting, the status of aviation safety was reviewed in accordance with the International Operational Safety Audit (IOSA) standards for this matter and the European Safety Agency (EASA). IATA also emphasized the provision of technical training courses to enhance knowledge of aviation governance systems within Iraq, and emphasized the improvement in performance in the Air Operations Department." He explained that "the meeting addressed airport security standards. Reference was also made to the preparation of a study to develop Iraqi pilots, and efforts to achieve harmony between Iraqi Airways and air service providers related to cargo, ground services, and fuel, in addition to completing the remaining requirements."
Shafaq News
2 days ago
- Business
- Shafaq News
Iraq launches New Sadr City to tackle housing crisis
Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani has broken ground on New Sadr City, a major housing and infrastructure project to ease Baghdad's residential crisis. According to the PM's office on Wednesday, the 4,000-dunam development between Al-Maamel and Sadr City will include 60,000 housing units, with the government building core infrastructure—roads, water, sewage, electricity, and telecoms—before turning construction over to private developers. Al-Sudani described the coordination between federal and municipal bodies as a model approach, stating it marks a departure from previous practices in urban development. The city will feature three sectors, 12 districts, and 52 neighborhoods with residential, commercial, and public spaces. The first phase—11,000 units—has been awarded to a Chinese firm under a 1,200-day contract signed in April. He assured no forced evictions and reaffirmed support for informal settlement residents, promising structured solutions. Al-Sudani also ordered strict oversight, quality standards, and inclusive planning to avoid past urban development failures.
Iraq Business
3 days ago
- Business
- Iraq Business
Musk's SpaceX Explores Entry into Iraqi Market
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani met with a delegation from U.S. tech giant SpaceX (Space Exploration Technologies Corp) to discuss cooperation in Iraq's communications sector. The talks covered the services provided by the company's Starlink satellite constellation, including its global satellite-based internet coverage, and explored opportunities to facilitate its entry into the Iraqi market. Prime Minister Al-Sudani highlighted Iraq's expanding urban and service development and said the country offers many promising investment opportunities. Reaffirming the importance of the U.S.-Iraq Strategic Framework Agreement, Al-Sudani instructed relevant authorities to ease regulatory procedures and support SpaceX's operational setup. He stressed that Iraq welcomes major American technology firms as partners in advancing the government's digital transformation strategy. The SpaceX delegation expressed readiness to launch operations in Iraq, stating that Starlink's services would accelerate digital transformation, improve communications, and promote economic development across public and private sectors. (Source: PMO)
