State run firms belonging to the Ministry of Housing and Reconstruction are capable of executing “any project assigned to them,” according to an official statement.
The statement, quoting Housing and Reconstruction Minister Bayan Dazai, said: “The ministry has reinstated in the past four years all its companies destroyed after the events of 2003.”
Iraq had some of the finest construction firms in the Middle East, but these were looted or destroyed during and after the 2003-U.S. invasion.
“The ministry’s firms have gained a good reputation in carrying out projects in the oil sector,” she said.
She singled out the State Saad Enterprise which is reported to be behind the construction and rehabilitation of several refineries in the country.
Dazai said the enterprise has turned Iraq into a self-sufficient country in oil products, following years of dependence on fuel imports that cost the treasury billions of dollars.
The enterprise, she added, is currently involved in several oil projects across the country and has gained the trust and confidence of the Oil Ministry.
“The Saad Enterprise now implements strategic oil projects,” the minister said.
She cited works in the refineries of Basra and Shuaiba and the building of large fuel depots in Baiji in the north.
Other major projects under construction by the ministry’s firms include buildings and warehouses for the Ministry of Defense and roads and modern housing schemes in Baghdad.
( Azzaman )