2024, Vol. 5, Issue 1, Part B
Evaluation of the reality of the degree of manufacturing in the Iraqi industrial sector - challenges and solutions
Author(s): Mohammed Ibrahim Mohammed Hussein
Abstract: This study seeks to evaluate the degree of industrialization in the Iraqi industrial sector, by studying the various effects of the degree of industrialization on the number of jobs, production value, value of supplies, added value, and sales value in Iraqi industries. This will help identify the most important challenges facing this vital sector, and develop solutions and proposals that serve the goal of this study and society at the same time. To achieve this goal, the data obtained from the Iraqi Ministry of Planning - Central Industrial Statistics Department, for the years 2020 - 2021 - 2022, were evaluated and analyzed. In light of the results of the quantitative analysis of the indicators of the Iraqi industrial sector, it was found that the percentage of the degree of industrialization is 54%, and this percentage is very limited because most of the products provided by this sector are consumer and do not cover the market's needs, which facilitates the entry of competitors into the Iraqi market. This is due to many problems that the sector suffers from, perhaps the most important of which are weak financing, deterioration of infrastructure, weak marketing strategies, weak stimulation of local production, which made the contribution of this sector to the gross domestic product of large manufacturing industries less than 5% only.
DOI: 10.22271/27084515.2024.v5.i1b.457
Pages: 151-157 | Views: 91 | Downloads: 34
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How to cite this article:
Mohammed Ibrahim Mohammed Hussein. Evaluation of the reality of the degree of manufacturing in the Iraqi industrial sector - challenges and solutions. Asian J Manage Commerce 2024;5(1):151-157. DOI: 10.22271/27084515.2024.v5.i1b.457
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