Internalization of two billion euros by next two years

Internalization of two billion euros by next two years
  • 2019-10-22
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Minister of Industry, Mining and Commerce: If the commodity produced inside is 10 percent more expensive than the foreign one, we should provide a space culture that people are willing to buy.

According to the Iranian Stone Exhibition, a memorandum of understanding was signed between the Azarab Company and Arak Machinery Company this morning with the Ministry of Oil and Construction Industries (OWIC) in the Ministry of Semit.

According to the agreement, the Azarab Industries and Arak Machinery Company will begin the domesticization of petrochemical equipment.

On the sidelines of the signing, the Minister of Mines and Trade said: "We need to change our view on domestic construction and believe that the solution to the country's problems is to focus on domestic construction and production boom."

Mohammad Reza Rahmani continued: Today's memorandum, which is worth sixty million euros, sends the message that despite the sanctions we are still alive and all the ministries are working properly. Automotive, steel and copper are corporations, meaning internalization has begun in these areas and agreements have been signed with the associations. In support of such agreements, we have announced that imports will be banned immediately upon production of any piece.

Referring to the role of knowledge-based companies, he said, these companies should coordinate their activities with the segmentation companies. If domestic production is ten percent more expensive than foreign ones, we should provide space culture that people are willing to buy.

He added: "Big companies have to recruit elite forces. We even got elite recruitment quotas for the industry."

Referring to the need for internalization in various industries, he said: "In my meetings with the associations, I asked them to take up the flag. In industry, we have to internalize two billion and seven hundred million euros by the year. The petrochemical industry also has a $ 9 billion project underway, by launching it to boost production in other sectors we can tackle the problem of unemployment. Can be. It is active in the field of holy and jihadic production.

* Ilna