ID9.5bn to develop paper factories

BAGHDAD / IraqiNews.com: The Iraqi Ministry of Industry and Minerals has allocated 9.5 billion Iraqi dinars (ID) (more than $8 million U.S. dollars) to renovate its paper factories. “The amount has been allocated under the five-year plan,” according to a ministry statement received by IraqiNews.com news agency. The ministry has contracted a French company to supply the necessary equipment for the renovation of a toilet paper factory in Basra, the statement indicated. SS (P) 2