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The governor of Karbala has laid the cornerstone for the largest cement factory in Iraq, worth
$330 million dollars US. The factory will be implemented by Sinoma Engineering and Canadian company Taj Iraq.
The plant will be operating at a capacity of 5,300 tonnes/day with a total capacity of 1.9 million metric tonnes.
This plant will employ 700 Iraqis, and the factory will be completed in less than 38 months.
One of the largest industrial investment projects in the region will be this cement factory.
The local government along with TAJ Iraq have laid the foundations for this project south-west of Karbala city,
in the industrial zone, and the completed project will be worth $330 million US dollars.
It will be an investment project. Work shall begin very soon and will take 2 to 3 years
before it will be fully operational. The project will provide around 700 employment opportunities.
It will cover central and south regions. The operating capacity will be around 5,300 tonnes/day.
Iraq is in need of industrial investment / development projects and this will be a step towards attracting new investors to Iraq.
The Canadian investment company, and Sinoma Engineering is one of the leading companies
in this field, and has committed to implementing the project within the timeframe. The production
will be covering the central Euphrates, and to the capital Baghdad, in addition,
the project will be implemented in a modern, eco-friendly way.
Karbala is a very important strategic city in Iraq. Especially in regards to tourism,
and creating jobs locally. We believe that this is a great location for the cement factory
due to the close proximity of high quality raw materials and high regional cement demand.
Very good progress. Government and authorities have been great, and until now we have not come
across any problems with regards to the facilities or assistance. The project will be completed on time, as long as there is cooperation
and until now the cooperation has been positive.
We shall help the company complete the project on time god willing, and we shall have joint committees
with the company in order to overcome any obstacles that the project could face.
Placing the cornerstone of a new industrial investment project opens up new economic opportunities
for the company and country in the future, by increasing the country's wealth and providing employment opportunities.
Majid al Khayat
Al iriqiaya
Karbala