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Thirty-three licenses for food industries over six months
18-7-2019
The ministry of industry released yesterday a report on the circulars related to the issuance during the period from January 2019 to mid-July 2019, of 286 circulars covering 33 food manufacturing plants. The ministry clarified in a statement, that above figures indicate a high demand from investors on the food industries, which the ministry gives special consideration to due to the complementary role of the sector, along with other productive sectors, notably agriculture. The food sector, according to the ministry’s statement, also boasts an advanced position in export and in accessible prospects to expand investments and increase its competitiveness and export capacities. The ministry stressed that, the series of protectionist, and other, measures it has worked on over the past six months, have created incentives for industrialists and businessmen to expand their businesses and establish new productive institutions in all regions, which generated new jobs and encouraged young people to stay steadfast in rural areas. Recalling, that the industry ministry has coordinated to this effect with the ministries of finance, economy and trade, public works and education, as well as with the Customs and Port departments, the LIA and Industrial Research Institute. (Al Mustaqbal, An Nahar, July 18, 20, 2019)
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