Iraqi Government promotes development of industrial zones with support of UNIDO
BAGHDAD, 19 September 2011 – Conducting feasibility studies for establishing pilot industrial zones at two locations in Iraq, including the area of Al-Faw in the Governorate of Basra, developing a capacity-building programme in industrial zone planning, design, management and promotion and a roadmap for the sustainable development of industrial zones in Iraq is the aim of a project being implemented by the United Nations Industrial Development Organization (UNIDO).
The first meeting of the steering committee for the EUR 3 million project, titled “Enhancing investments to Iraq through the development of industrial zones”, took place in Baghdad today. It was attended by representatives of the Governments of Iraq, Italy, as well as of international organizations.
The Minister of Planning, Ali Yousif Al-Shukri, the Ambassador of Italy, Gerardo Carante,and the Deputy Representative of the U.N. Secretary General for Iraq, Christine McNab, took part in the meeting.
UNIDO is supporting the development of industrial zones in Iraq upon a request from the Iraqi Government and with financial support from the Government of Italy. The work is aimed at promoting investments, activating economic life, creating an enabling business environment for international and Iraqi investors, revitalizing the private sector and, in the long run, making way for industrial development and economic diversification.
UNIDO is working in close partnership with the Ministries of Planning and Industry and Minerals, the Prime Minister’s Advisory Council and the National Investment Commission, and in coordination with UNDP, the World Bank, and representatives of local authorities and of the Iraqi private sector.
“While coming into the scope of UNIDO programmes undertaken over the past seven years in support to private sector recovery and development, this project takes matters a step further, in the attempt to support the creation of a policy framework and a management structure that could be replicated in order to draw investment from within Iraq and abroad, and to stimulate the creation and expansion of private sector business operations in the prevalent circumstances of the Iraqi economy,” said UNIDO International Programme Coordinator, Cristiano Pasini.
Minister Al-Shukri expressed his gratitude to the Italian Government and UNIDO for their support in implementing the project, adding that it was “considered to be a vital and efficient tool to stimulate economic growth and investment in Iraq.”
The meeting will be followed by a two-day technical workshop from 20 to 21 September designed to share knowledge, facilitate coordination efforts among national and internation stakeholders, and to review international experience and Iraqi initiatives on establishing industrial zones in Iraq.
For more information on the project, please contact:
UNIDO Industrial Development Office