Baghdad:The Ministry of Industry and Minerals is actively continuing its efforts to finalize the evaluation of partnership contracts for several of its public companies.

According to National Iraqi News Agency, the Ministry recently held a meeting led by the Technical Undersecretary, Engineer Jumaa Diwan Al-Bahadli, who heads the Participation Contracts Evaluation Committee. This meeting included committee members from the Ministry and the Directors General from the General Company for Construction Industries, the General Company for Hydraulic Industries, and Al-Zawraa General Company.

The discussions at the meeting focused on the mechanisms for concluding partnership contracts, emphasizing the approved technical and legal controls. The impact of these contracts was also examined in terms of enhancing company resources and boosting production capabilities, thereby contributing to the strengthening of the industrial sector and the support of the national economy.

The Undersecretary highlighted the importance of executing partnership agreements within the proper legal frameworks and contexts. These agreements are seen as crucial for achieving objectives with the private sector, positively influencing the development of company capabilities and reinforcing the Iraqi industry.