Iraq Develops Industrial Zones

The successful completion of the project “Enhancing investments to Iraq through industrial zone development”, implemented by the United Nations Industrial Development Organization (UNIDO), was marked at an event in Amman today.

Funded by the Government of Italy, the project assisted the Government of Iraq in developing industrial zones that provide a favourable business environment for domestic and foreign companies.

“Iraq considers the establishment of industrial zones instrumental for boosting the domestic economy. UNIDO’s project has helped revitalise the private sector and promote investments from within and from outside of the country,” said Salman Al-Jumaili, Minister of Planning of the Government of Iraq.

The event brought together representatives from the Government of Iraq, the Kurdistan Regional Government of Iraq, the Iraqi private sector and donors. Participants showcased feasibility studies on establishing industrial zones, and discussed a draft road map to develop industrial zones in Iraq.

Participants at another meeting also held in Amman this week discussed UNIDO’s project titled “Strengthening the national quality infrastructure to facilitate trade and enhance consumer protection”, which was launched in Iraq in 2012 with funds from the Swedish International Development Cooperation Agency (SIDA).

The project aims to enhance trade capacity in Iraq. “We wish to integrate Iraq’s national quality infrastructure into the regional and multilateral trading system and create an enabling environment for better trade performance and consumer protection,” said Ali Badarneh, who manages this project.

Representatives from the Iraqi Ministry of Planning, the Iraqi Central Organisation for Standardization and Quality Control and UNIDO reviewed the progress of the project and discussed how to enhance cooperation during the implementation process.

(Source: United Nations)

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