Cabinet allocates $200 million for private sector (12/01/05)


Private sector has managed to gain $200 million funded from the Council of Ministers to support the sector and improve its activities in reconstruction drive, Raghib Bleibil, head of the Iraqi Businessmen Union said.
 
The Cabinet will allocate funds for companies in the construction drive
 
He added that the Cabinet would allocate funds for the companies chosen in the construction drive so as to participate in the country's building drive.

He elaborated that this has come during a meeting with Deputy Prime Minister Dr Berhum Salih, who heads the construction committee in the National Assembly.

He concluded that the private sector has high level experiment in addition to ability of employing Iraqi manpower.

Source: Iraq Directory


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