By John Lee.
Iraqi Prime Minister Mohammed S. Al-Sudani has officially opened the United Arab Company for Food Industries factories in Al-Mahmoudiya, south of Baghdad.
The first phase includes pasta and noodle factories built on 20 percent of the 123-dunam [12 hectares; 30 acres] site, with an investment of 128 billion Iraqi dinars [$98 million].
The company currently employs 800 staff and aims to grow its workforce to over 1,000, targeting both the domestic and export markets.
Al-Sudani emphasised that while the government will facilitate investment and regulation, the private sector must lead Iraq’s industrial renaissance.
(Source: Media Office of the Prime Minister)
The post New Food Processing Plant opens in Al-Mahmoudiya first appeared on Iraq Business News.