Editing Economy of Iraq (section)

== Industry ==
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Since 1974, after the Iraqi Government took direct control of Iraq’s largest private oil production operations, Mosul Oil and Basra Oil, most of Iraq's manufacturing activity has been closely connected to the [[oil industry]].{{citation needed|date=January 2024}} The major industries in that category have been petroleum refining and the manufacture of chemicals and fertilizers. Before 2003, diversification was hindered by limitations on [[privatization]] and the effects of the international sanctions of the 1990s. Since 2003, security problems have blocked efforts to establish new enterprises. The [[Construction|construction industry]] is an exception; in 2000 [[cement]] was the only major industrial product not based on [[hydrocarbon]]s. The construction industry has profited from the need to rebuild after Iraq's several wars. In the 1990s, the industry benefited from government funding of extensive infrastructure and housing projects and elaborate palace complexes.