The Ministry of Industry and Minerals announced the launch of 256 investment opportunities through 3 conferences, while confirming the success of signing 4 investment contracts in strategic industries .

The Ministry’s spokeswoman, Dhuha Al-Jubouri, said, “The Ministry of Industry held three conferences: the first was the Mineral Investment Conference in Baghdad, under the patronage and attendance of the Prime Minister, during which 31 investment opportunities were presented. The second was the Industrial Partnerships Forum, attended by the Prime Minister, during which 90 investment opportunities were presented. The third was the Baghdad International Forum for Industry and Mining, which was held a month ago, during which 135 investment opportunities were presented .”

She added, “The Ministry’s vision regarding the conferences is to present private investment opportunities in a transparent manner to the media in the presence of investors, businessmen and investment companies, in order to review all investment opportunities related to the Ministry of Industry and Minerals .”

She added, “The presentation of offers for these industrial opportunities is by investors, businessmen and investing companies, and the best is chosen after studying the offers,” noting that “the ministry succeeded in signing a number of participation contracts on the basis of these conferences that it held in previous periods, and a number of participation contracts were signed for important strategic industries in the presence of the Prime Minister, including a contract to establish, rehabilitate and develop a refined sulfur production line in Nineveh Governorate for the Mishraq 1 field with a capacity of one and a half million tons annually of refined sulfur production, and a contract to produce the fertilizer project in Baiji and also Abu Al-Khaseeb fertilizers in Basra Governorate was signed, and a contract was signed for the glass and refractories construction project in Ramadi and the sodium carbonate production project, the foundation stone of which was laid this year, along with the expansion of the sodium and chlorine factory project in Al-Musayyib District in Babylon .”

She stated that “these contracts came as a result of the conferences held by the ministry,” explaining that “the offers presented at the last conference are being studied and the best ones are being selected.”