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    Cool Article Says "Golden Oppritunity" by rvalreadydang

    Quote Originally Posted by rvalreadydang View Post
    Undersecretary of the Iraqi Ministry of Industry : privatization will begin from where other states
    أكد سطThe country's needs for foreign labor and in large numbers in the medium term




    ابدى عاملة.A Mohamed Abdullah Al-Ani, undersecretary of the Ministry of Industry and Minerals Iraqi and supervisor corporate activities, the concept of reservation on the phenomenon of unemployment in Iraq, saying the absence of the so-called employment-performing, but our current neutralization of the labor market and labor force.
    واضاف».Ani added that <situation in the country that is currently causing the elimination of the labor market, but it could be argued that, according to the laws, which recently approved, and especially the investment and the free market, which drafted the Ministry of Industry, a large part of them, capable of putting an end to the concept of unemployment>.

    .He pointed out that, according to recent studies, it was found that after the completion of the final picture of the Iraqi economy, it is expected that there will be an additional demand for foreign labor, and even non-technical them, pointing out that this means that all labor Iraq will not secure the actual need for the labor market, and this will be achieved over the medium term , or in a few years from now.

    واو.He explained that if we Ani a fraction of the files recent investment of the Ministry of Industry, and the establishment of 18 projects for the production of cement, we find they need more than 60 thousand workers, or one third of the staff of the Ministry of Industry and Minerals, of 190 thousand workers, covering more than 60 producing company.

    وحمل.Carrying and Undersecretary of the Ministry of Industry responsibility of the security situation faced by Iraq, saying in context : the challenge now is the security situation, some days ago one of the companies forced to close their doors completely, as a result of receiving a threat from one of the armed groups, either closure or bombing electricity system, in case of continuation of such harassment can build institutions capable of absorbing labor, stressing that unless there the protection of investors and investment funds and production, can be implemented investment laws.

    وفي التوجه».In regard to the orientations of the ministry of privatization of the public sector and transform it into a free-market system, the agent that <the Ministry of Industry and Minerals and since 2003 has a clear and consistent in this regard, although penalized by the three ministers, a file system like outlines turn of the Minister to another without having the ability to change, is based on the frameworks designed carefully, and by qualified professionals, and also contains the experiences of many countries that have preceded us in this direction>.

    وتابع .He added : and the structure of the ministry is now fit and gradual transition to the free market and not sudden transformation, noting that the creation of two Deputy Minister, one representing the Ministry of Industry, in a time of socialism and the public sector, and the other is a free market, explaining that the first companies create and develop, and then deliver them to another project ready to try the free market.

    ».He added in this area that experts of the Ministry of Industry Astvawa much from the experiences of other countries, especially Romania, Russia, Jordan, Egypt and other countries, aware of the failures that Sentjaozha in our experience, which will serve as a pilot experiment, unique, as they start from where they left States>.

    وعن واقع .And the fact that companies and the Ministry of Industry between <companies affiliated to the ministry, divided into three parts, including production companies, winning the same time, which are subject to development and increase production capacities and this means more profits, including pharmaceutical companies, cement, oil and engineering equipment.

    ».There are also companies that stand on the line of self, or close to the profit and loss, which require the support of the transfer to the category of profit-making companies and then transferred, and finally a loss-making companies and the need to be developed as the study and application of solutions to improve the level gradually until delivery to the projects are to be converted or privatization>.

    .He stressed Ani in this regard, we do not want to begin the privatization of non-profitable projects, because this would affect the viability of the private sector, but on the contrary Our initiative with the support of the private sector and the advancement of its level in order to be able to take responsibility in the near future, especially as all the world's experiences have proved that the socialist sector the more, and left only in a few countries which are suffering due to this system.

    وأكد .Ani stressed that the door is now open for the free wide, but this does not mean all the conditions failure of public sector management of his companies, there are experiences that have shown just the opposite, and the proof is the success of the company <SABIC> Saudi Arabia, which is still profitable to this day, and its shares are the most popular in the circulation market. ية.They also Ani to the problems facing the industrial sector in its march towards the Iraqi transition, emphasizing in this area : we are still working laws and was born and grew up in an atmosphere of socialist and the prevailing strategies tended to be of concern to military matters and civil negligence.

    كما كان.As is the nature of the prevailing thoughts company has developed a full order to satisfy because of his close associates and administration to get him to sit on a chair, without thinking of the project's success or failure, as were the industry leading to the blow when nationalization was successful industries and turned into dependent industries do not take into account quality of competition and measure it, and despite all that has benefited from this experience and that we all must work to improve the environment, which will be built by the private free, such as the banking and legal without which the private sector could not work and investment and reform of the economy could not be integrated without such an environment.

    وعما حققهح».Achieved and what the Iraqi economy during the past four years explained <that the Iraqi economy, despite what some sensation in her, the economy is good, and when security and stability is achieved, the world will see that one of the most successful experiences, and less of what we have achieved over these years is a departure tests proved successful, and also recognizing the unique laws of its kind, such as the Investment Law and the Law of the oil, gas and process of economic reform, which provide all the success factors, what enjoyed by Iraq to help it is success has everything and needs only to the security, but could not determine the duration of the reform>.

    وعن .Regarding preparations prepared by the Iraqi industry for the implementation of the Investment Law, it was calculated between him long before, but has worked to develop organizational chart, stressing that the ministry was not surprised by the law and has many files full investment, and investment will be announced soon to reform corporations, it can be said for all investors from the Arabs and foreigners, you enter now it will be a golden opportunity for you.
    http://64.233.179.104/translate_c?hl...px%3Fid%3D3442
    Can someone check the Arabic Translation to double check that this part is really there. Alot of us are really surprised to see this statement in a Article. Thanks. I would but dont have the set-up to do it.

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  3. #2
    Senior Investor rvalreadydang's Avatar
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    Quote Originally Posted by neno View Post
    Can someone check the Arabic Translation to double check that this part is really there. Alot of us are really surprised to see this statement in a Article. Thanks. I would but dont have the set-up to do it.
    oh i didn't realize that link opens in arabic......it opens in english on the nahrain site though


    عملت على وضع هيكليته، مشددا على ان الوزارة لم تتفاجأ بالقانون ولديها من الملفات الاستثمارية الكاملة الكثير، وستعلن الاستثمار قريبا بهدف اصلاح شركاتها، وهنا يمكن القول لجميع المستثمرين من العرب والاجانب، عليكم الدخول الان لانها ستكون الفرصة الذهبية لكم.

    OK THAT UP THERE IS ARABIC VERSION

    THIS IS ENGLISH TRANSLATION FROM GOOGLE

    Worked to develop organizational chart, stressing that the ministry was not surprised by the law and has many files full investment, and investment will be announced soon to reform corporations, it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.
    Last edited by rvalreadydang; 20-03-2007 at 10:47 PM.

  4. #3
    Senior Investor rvalreadydang's Avatar
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    And i have to say btw, i am feeling pretty insulted.....i would never make up or embelish articles

  5. #4
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    Cool Thank You...

    Quote Originally Posted by rvalreadydang View Post
    oh i didn't realize that link opens in arabic......it opens in english on the nahrain site though


    عملت على وضع هيكليته، مشددا على ان الوزارة لم تتفاجأ بالقانون ولديها من الملفات الاستثمارية الكاملة الكثير، وستعلن الاستثمار قريبا بهدف اصلاح شركاتها، وهنا يمكن القول لجميع المستثمرين من العرب والاجانب، عليكم الدخول الان لانها ستكون الفرصة الذهبية لكم.

    OK THAT UP THERE IS ARABIC VERSION

    THIS IS ENGLISH TRANSLATION FROM GOOGLE

    Worked to develop organizational chart, stressing that the ministry was not surprised by the law and has many files full investment, and investment will be announced soon to reform corporations, it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.
    Hope you didn't mind me moving this post around. But this is a major Statement. As I said before, it is like a insiders leak.

    Now I know it is in the article. I thought that maybe it was your comment. Very Uplifting Statement.

  6. #5
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    Cool Dont be.

    Quote Originally Posted by rvalreadydang View Post
    And i have to say btw, i am feeling pretty insulted.....i would never make up or embelish articles
    As posted above, the statement is real and wanted to see it too. Thanks for the article.

  7. #6
    Senior Investor rvalreadydang's Avatar
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    Quote Originally Posted by neno View Post
    As posted above, the statement is real and wanted to see it too. Thanks for the article.
    Oops, i saw your reply after i let off steam, LOL......

  8. #7
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    Cool Hummmm,

    Quote Originally Posted by rvalreadydang View Post
    Oops, i saw your reply after i let off steam, LOL......
    And I thought you were just joking......

  9. #8
    Senior Investor rvalreadydang's Avatar
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    Quote Originally Posted by neno View Post
    And I thought you were just joking......

    No unfortunately, i had a moment......

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    Cool Yeah we all have them.

    Quote Originally Posted by rvalreadydang View Post
    No unfortunately, i had a moment......
    But the Article is confirmed now stating this. Very Interesting.

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