The State Directorate for Industrial Development, one of the Ministry of Industry and Minerals State formations issued (140) establishment licenses for new industrial projects through July,2010 at total investment value of (19) billion (428) million I.D.. Mr. Abass Nasir Allah Mahaan the State Directorate for Industrial Development General Director clarified that the projects were distributed on various industrial sectors (food stuff, textile, wooden, paper, chemical, plastic, construction, metal industries, transformational). The spokesman referred that the food stuff industries occupied on first rank as for getting (48) establishment licenses at investment value of (7) billion and (361) million I.D., whereas secondly the construction industries got on (37) establishment licenses at investment value of (4) billion and (912) million I.D., as for thirdly metal industries got (29) licenses at investment value (1) billion and (446) million I.D.. Adding that the remaining licenses were divided on (13) licenses for chemical and plastic industries at a value of (5) billion and (105) million I.D. and (10) licenses for wooden industries at a value of (474) million I.D. and (2) licenses for textile industries at a value of (80) million I.D. and the paper industries got (1) license at a value of (50) million I.D.. In a related context The State Directorate for Industrial Development issued (16) completion certificates for provisions-efficient industrial projects while the directorate cancelled (80) licenses due to legal expiry date, the directorate carried out surveys on (174) industrial project in all provinces to follow up the industrial project by the directorate staff in Baghdad and provinces and issued (319) need letters for industrial projects, referring that the directorate issued (65) recommendation letters addressed Municipal and Real Estate Department at Iraq provinces to allocate areas of land for industrial projects and issued (82) new certificate for the complete established projects.
