The Iraqi industrial sector has witnessed a severe decline over the past two decades, resulting in the closure of thousands of factories and plants. This downturn has negatively impacted local production and led to the loss of thousands of job
opportunities. Official assessments indicate that security challenges, the absence of strategic planning, and the flooding of markets with imported goods were the primary factors that caused production lines to become obsolete. Experts and parliamentarians emphasize the urgent need to enforce
national product protection laws and enhance public-private partnerships. Such measures are essential to restore the industrial sector's leading role, which could significantly boost state revenues and reduce heavy reliance on oil exports.
