"Led by a legal advisor to the prime minister, Fadhil Mohammed Jawad, a Ministry of Industry and Minerals delegation has negotiated a deal to renovate a number of factories," according to a statement received by Aswat al-Iraq.
The statement quoted Jawad as saying that a preliminary agreement worth $50 million was signed with three companies.
Another agreement has been made to rehabilitate and develop a cement factory in Sinjar over a period of 15 years, he added.
In late November, the ministry signed a preliminary agreement with international companies in the Jordanian capital to rehabilitate and develop Kabeesa cement factory.
