Government Prioritizes Reviving State Industries for Production and Employment
Summary
The government prioritizes restarting closed state-owned industries to boost production and employment while advancing industrial infrastructure and agricultural storage capacity.
Key Points
- The government is prioritizing the revival of closed and sick state-owned industries to increase production and employment.
- Asset and liability evaluations of seven state-owned industries are underway to prepare modalities for their operation.
- Construction of cross-border petroleum pipelines and new storage facilities is progressing to secure petroleum supply.
- Efforts include upgrading industrial infrastructure, agricultural product storage, concessional electricity tariffs, and enhanced market monitoring.
- Startup loans and entrepreneurship programs will continue to support young innovators.
