Iraq: ID9.5b to develop paper factories 

(MENAFN - Aswat Al-Iraq) 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 Aswat al-Iraq 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.