Duhok Approves 28 New Investment and Industrial Projects to Boost Economy

Date:

Share post:

Duhok authorities have approved 28 strategic projects in the investment and industrial sectors, aiming to strengthen the province’s economy and infrastructure.

Officials decided during a meeting of the Committee for Development and Support of Industrial and Investment Projects. Duhok Governor Ali Tatar attended the session along with senior representatives from key government institutions. The committee reviewed several proposals and selected projects that support growth across different sectors.

The approved plan includes 20 projects in the investment sector and eight projects focused on industrial development. These projects will expand business activity and improve the investment environment in the province.

Local authorities see this step as part of a broader plan to develop industrial zones and attract both local and foreign investors. They aim to create a stronger economic base by improving infrastructure and encouraging private sector involvement.

Governor Ali Tatar said the government wants more than just a higher number of projects. He emphasized the importance of creating real job opportunities, especially for young people in Duhok. He explained that these projects should help reduce unemployment and support long-term economic stability.

He also highlighted the role of the private sector in driving economic growth. According to him, the government plans to support private businesses and help them expand their activities. This approach will help diversify the local economy and reduce reliance on limited income sources.

The new projects will shape Duhok’s economic future and open the door for further development. Officials expect these initiatives to attract more investment and create lasting benefits for the region.

Related articles

One Ounce of Gold Now Trades at About 4,670 Dollars

One ounce of gold is currently trading at around 4,670 dollars after extending its decline for a second...

Silver Prices Drop Below $75 Amid Global Market Uncertainty

Silver prices dropped below $75 on Tuesday and continued a downward trend that started earlier in the week....

Oil Prices Surge as Brent Crude Climbs Above $108 Amid Gulf Tensions

Global oil prices continued their upward momentum, with Brent crude rising above $108 per barrel, driven by escalating...

Fly Erbil Expands European Network with Nearly 30 Weekly Direct Flights

Fly Erbil has strengthened its role as a major regional airline by operating nearly 30 direct flights to...