22/03/2011Conference businessmen Babylon looking industrial sector and the reality of the deteriorating
A field study revealed that 90 percent of private sector projects on hold
بابل - عماد الطيب Babel - Emad Tayeb
Studies of the economic field that the number of industrial projects in the province of Babylon, of up to 1147 draft, but renewed them in the Chamber of Industry Babylon hit 107 projects and this means that up to 90 percent of the conservation projects of the private industry parked in whole or in part, this is a reality refers to the degree of deterioration of the industry Babylonian.
At the collection of business associations and economic organizations in the province of Babylon and the Center for International Private Enterprise and associations of the Iraqi defense of consumer rights and a number of industrialists in the province were discussed the agenda of the industrial sector in the province of Babylon, to activate the private sector and promotion.
At the beginning of the conference reviewed the conferees properties of the industrial sector in the province and boils down to a number of points including: the dominance of the public sector and the subordination of the interests of the private industrial sector has no There is no coordination and integration, but the marginalization and underdevelopment and the means of production and the dominance of the old ways is not efficient, which impacted negatively on the levels and types of production and this means not the ability of the local product to compete with foreign and all this the result of lack of funding and organizational capacity.
As well as for the suffering of this sector of the phenomenon of migration of its assets and competencies to the outside of the well-known reasons, including the fact that the investment environment as a result of centrifugal laws are not encouraging.
Also, the private industrial sector in the current term tends to shift to investment in activities with the greatest profit, fast and secured Kalqtaa business.
Are usually projects in this sector, individual and small and take the character of the family in some cases. There is a tendency for industrialists not to invest much capital in this sector and that the lack of economic policy (fiscal and monetary) fixed and clearly defined in the country, which means the risk in the future.
ضعف في البنى التشريعية Weakness in the legislative structures
A number of conferences the problems facing the industry in the province, for example, lack of legislative structure in the country of the laws that regulate and facilitate, promote and serve the work of the private industrial sector such as legislation that allows the granting of loans and financial facilities for industrialists on a continuous and orderly and smooth according to the guidelines agreed upon.
And other legislation aimed at reducing taxes and customs fees, particularly for raw materials, machinery, modern lines imported.
Offset by the imposition of high duties on imports of foreign products which are parallel to similar or competing domestic products.
And issuing instructions and regulations provided for the need to reduce tariffs and fees for services and goods provided by the State of any submission to the industrial supported, such as water, electricity, fuel, and sewage and other.
As there are still many gaps in the Investment Law No. (13) for the year 2006, including the issue of ownership and transfers of financial and operation of the Iraq factor for expelling the investments, whether domestic or foreign.
مشاكل لاحصر لها Problems for countless
Then reviewed the main constraints that bedevil the sector in terms of funding, including scarcity of resources conservation projects resulting in inadequate for the operation and financing of the production process and the absence of source of funding and a clearly defined and well known in the province.
And the inefficiency of the Iraqi banking sector there is concessional loans and interest rates and periods of recovery appropriate to mention the comfortable large gap between the prices of credit and interest rates means that the bank is not serious in the financing of the private industrial sector.
As a result of lack of funding has become local products are not required specifications and high quality as a result of the weakness of the technical side and provided the technology used and update the required capital. Has been given some credit for industrialists in the province by the General Directorate for Organization and Public Assistance of the Ministry of Industry and these loans have become a burden on industrialists in the province are few return for guarantees of a large and very short repayment periods, as must be paid in installments every three months, a period that is feasible.
As the administrative and financial corruption and bureaucracy dominant in all government departments, particularly the Department of the Directorate General of the organization and public assistance of the Ministry of Industry where he became its primary mission is not development but blackmail industrial material and waste of his time. As well as the policy of flooding the market with foreign products, especially bad compared to the limited means of protecting local products from by private industry or even the year.
معالجات بحاجة الى دعم حكومي Processors need to support government
On processors for the advancement of the industrial sector in the province suggested that organizers of the conference the necessity of activating the existing laws, especially Law on the Protection of Iraqi products (11) for the year 2010.
And activation of the competition law and antitrust (14) for the year 2010. And approval of the customs tariff law.
And activate the internal media and external to explain the contents and the positives of laws encouraging all new developments, regulations and instructions that facilitate the investment process in order to be informed investor note and be in touch with reality. And address the errors and lapses and deficiencies in some of the laws as law, investment and law on the sale and rental of state property, which reassures the case of local and foreign investors.
And the establishment of cell crisis by Babylon Chamber of Industry and services to maintain the relevant experts and industry professionals are renowned for their expertise, and the purpose of this cell crisis management of the industrial sector on methods of scientific real-time canonical and non-traditional ways.
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