Investment Kurdistan: the size of investment in the region totaled $ 31 billion, Turkey and the United Arab Emirates at the forefront of countries investing

Posted by on Nov 02, 2013 | Leave a Comment

Investment Kurdistan: the size of investment in the region totaled $ 31 billion, Turkey and the United Arab Emirates at the forefront of countries investing
Ali Salman – 11/01/2013 – 9:57 p | The investment in the Kurdistan Region, on Wednesday, that the volume of investment in the region amounted to more than $ 31 billion, and confirmed that the number of investment projects reached 607 projects, while pointed out that the ratio of investment in the sectors of housing, industry and tourism amounted to 81%, “Ofattt to Turkey and the United Arab Emirates at the forefront of countries investing in the region.

The director of the department evaluation of projects and the granting of the license to the Investment Commission of the Kurdistan Region Kamran Mufti in an interview to the site (range Press) that “the volume of investment in the Kurdistan region since 2006 until now reached 31 billion and $ 128 million investment projects amounted to 607 projects in the areas of economic variety . ”

He said Mufti that “according to statistics the Investment Commission of the Kurdistan Region, the volume of investment in the province of Arbil reached 18 billion and $ 303 million in Mhafah Sulaymaniyah reached seven billion and 948 million dollars,” noting that “the volume of investment in Dohuk reached four billion and $ 878 million”

The Mufti continued that “the volume of domestic investment in 2006 to the current year amounted to 25 billion and $ 696 million either foreign investment amounted to three billion and $ 636 million,” he said, adding that “joint investment reached one billion and 796 million dollars.”

The Mufti that “the volume of investment since the beginning of 2013 until now reached six billion and 636 million dollars,” pointing out that “the most important investment sectors are the housing sector, where the volume of investment in it to 43%, while arrived in the industrial sector to 28.7% and the tourism sector to 10%. ”

Mufti pointed out that “Turkey is in the forefront of countries investing in the region with investment volume of one billion and U.S. $ 95 million, followed by the UAE with investment volume of 143 million dollars.”

The 625 international companies belong to the 27-nation began, in (October 29, 2013), introduced its various products within the gallery (پrodgkt) Iraq specialist affairs of construction, reconstruction and energy in Erbil central assertions on the importance of the Iraqi market and the need to open up to global industries in the next stage with a tribute to the facilities obtained by these companies currently in the Kurdistan region and the appropriate atmosphere in which to work.

The head of the Kurdistan Regional Government, Naچarڤan Barzani stressed, in (October 28, 2013), that “the horrors and devastation” long region made him “well known” value of the reconstruction of the country, while counting to establish a “larger” tower standing in the world, new evidence on the importance of Kurdistan and will make Arbil, “the power of great economic”, he called on young region to work in the private sector, and companies to give “priority and preference” for the citizens of the region to employment, and warned the perpetrators of the housing projects of face “severe penalties” in the event of non-compliance with standards of quality to achieve profits “illegal”, and revealed decline in the level of poverty in the region to three and a half percent.

The cities of the Kurdistan region, attracts a lot of Arab businessmen and foreign investment companies, and they experienced physical and economic renaissance large over the years that followed the fall of the former Iraqi regimes

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