Damascus-Sana
The value of the production of companies of the General Organization for Chemical Industries since the beginning of the current year and until the end of the seventh month 23 billion pounds out of the planned plan estimated at 55.8 billion pounds and the implementation rate reached 41 percent and the fertilizer company received the largest part of this value by 17.4 billion pounds, followed by the medical company Tamiko amounted to a total of about two billion pounds and then a shoe company with 1.5 billion pounds and the rest of the companies.
Dr. Osama Abu Fakhr, Director General of the Foundation, said in a statement to the SANA Economic Bulletin that the sales of the institution were not at the required level for objective reasons related to the nature of the work of companies, especially the fertilizer company, which entered the field of actual investment, which led to a decline in marketing pending the re-take-off as the value of Total sales during the first seven months of this year about 12.8 billion pounds out of the sales plan of 55.8 billion pounds and the implementation rate of only 23 percent.
Dr. Abu Fakhr pointed out to record a slight rise on the stock of the first period by about 67 million pounds, where the total value until the end of last July about 5.3 billion pounds and recorded at the beginning of the year 5.2 billion pounds, which is within the natural limits and concentrated in three companies are shoes, Tamiko and paints and these stocks do not They are a burden on companies because most of them are marketed publicly.
Abu Fakhr explained that the mechanisms of implementation of the plan are based on studying the internal environment of the General Organization for Chemical Industries, taking advantage of the strengths, addressing weaknesses and studying the opportunities that can be invested and the risks to be avoided through planning according to the actual capacities available taking into account the reality of marketing to prevent wastage in investments. Existing and focusing on the principle of flexibility of the plan with the possibility of modifying it in line with the improvement of working conditions and conditions experienced by the country.
With regard to the marketing field, Abu Fakhr stressed the adoption of the principle of marketing activation to discharge production and avoid accumulation of inventory by improving the quality of the product and moving towards the production of goods that satisfy the tastes of consumers and satisfy their desires and study the standard costs and compare with the actual cost of each commodity.
Abu Fakhr pointed out that the establishment has set a plan to achieve the objectives of its plan through the adoption of internal training and rehabilitation of labor and the establishment of specialized training courses in companies and specialized research centers and raise the rates of utilization of available production capacities and redevelopment and rehabilitation of production lines and work to improve and develop their products according to technical and justification studies that include reality Technical and productive and its reflection on the quality of the product and production costs and other measures to improve the reality of production and marketing and investment optimization of the plan credits.
Ahmed Souliman
SANA Economic Bulletin
