Iraqi Minister of Industry, Mohammad Sudani, has announced plans to sell off destroyed or damaged cement factories and oil refineries in northern Iraq that were caught up in the war against Islamic State (IS).
At a recent international conference held in Kuwait, the minister prepared a file of the damaged factories to show to potential investors, reports Kuwait News Agency (KNA).
The Kuwaiti investors were told they would have priority to buy the facilities. Iraq is said to need around US$100bn to rebuild infrastructure and its housing sector after the war, said KNA.
