Iraq’s high Minister, Mohammed Shia Al-Sudani, officially launched the construction of the Diwan manufacturing facility task in Babil Governorate on Wednesday. The strategic initiative by means of neighborhood agency Etihad group will produce electrical transformers, cables, and clever meters.
The undertaking, with a total finances of $three hundred million [approx. 393 billion IQD], is being built to the modern-day technical standards and is part of the authorities’s broader method to localise electric industries and reduce dependence on imports.
Al-Sudani described the manufacturing unit as a key step closer to enhancing Iraq’s electricity security and assisting superior smart technologies. He reaffirmed the authorities’s dedication to helping the economic area and allowing national production across all areas.
The high Minister praised the efforts of Iraqi experts using transformative progress and emphasised the position of this task in laying the muse for renewable electricity tasks and strengthening the countrywide power supply chain.
On his go to to the province, the prime Minister additionally formally opened a major new flour factory, which is likewise being advanced via Etihad organization.