Industry
True Way Investment is at the forefront of industrial innovation in Iraq and the region, leading large-scale projects that contribute directly to national economic development and sustainability. Through strategic ventures in manufacturing and recycling, the group aims to localize production, reduce import dependency, and empower local industries.
PET Manufacturing and Packaging Solutions
Through Ibda’a Al-Jawhara Al-Rasina Company, True Way operates one of the largest PET factories in Iraq and the Middle East, with a production capacity exceeding 1,100 tons. The plant provides advanced packaging solutions for the food, pharmaceutical, and cosmetic sectors—delivering high-quality products that meet global standards.
Paper Recycling and Sustainable Production
The Jawhara Paper Recycling Plant stands as a regional pioneer in converting waste paper into high-grade usable material. With an annual production capacity of 54,000 tons, the plant represents a major step toward a circular economy and environmental responsibility, consuming over 220 tons of waste paper daily.
Water and Beverage Manufacturing
Sehat wa Afia factory, managed by Babylon Gate Company, produces purified drinking water and natural juices using advanced filtration and bottling technologies. This initiative not only supports public health but also provides jobs and boosts local food and beverage production.
Upcoming Projects: Gypsum and Cement Plants
True Way is currently constructing two major industrial facilities:
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Gypsum Board Plant
The first of its kind in Iraq, with an annual production capacity of 14 million boards, built to German specifications for construction excellence. -
Cement Plant
One of the country’s largest, covering 1 million square meters with an output of 1.5 million tons per year, valued at $60 million.
Driving Industrial Growth and Sustainability
By focusing on quality, innovation, and environmental care, True Way Investment is establishing itself as a major player in Iraq’s industrial renaissance—creating jobs, building capabilities, and laying the foundation for a more self-reliant and prosperous future.