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2026-09-08T01:12:37.000Z

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State factory listed for sale

State factory listed for sale

The article focuses on the risks associated with the sale or privatization of public sector factories and companies in Iraq, especially those owned by the Ministry of Industry and Minerals, which have been experiencing continuous declines and collapses for years due to unproductive economic policies. The author emphasizes the importance of preserving these factories as strategic pillars for achieving economic security, employment, and industrial development. He cites the example of Fidel Castro's Cuba, which successfully built a strong and independent industrial base. The article stresses that selling land and factories threatens the future of the national industry and increases reliance on imports, especially as these institutions deteriorate and their values decline. It also underscores the necessity of correcting the approach to maintain the country's economic sovereignty.

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