RodinRojhilat KURDISTAN
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KRG launches Kurdistan Investment Guide
London, UK (KRG.org) – The Kurdistan Regional Government’s
Representative to the UK yesterday in London launched the new edition
of Invest in the Future, a publication promoting the Region’s
investment and trade opportunities.
Ms Bayan Sami Abdul Rahman launched the 2009 investment guide at the
Middle East Association (MEA), the UK’s leading trade association for
British-Middle East business and trade. She said, “In the Kurdistan
Region there is high regard for the UK and a great willingness to
develop closer trade ties. For example in education, which is a key
plank of our government capacity-building strategy, we already have
ties with several British institutions and hope to develop more
including in private English language education for all ages and
levels, as well as vocational training..”
Prime Minister Nechirvan Barzani has emphasised the role of the
private sector as the engine of economic growth and development. The
experience of the Kurdistan Region in the last several years has
demonstrated the effectiveness of this model. Minister Falah Mustafa
Bakir, Head of Foregn Relations in Erbil, also issued a statement
about the Investment Guide: "The KRG's leadership has promoted private
sector activity and foreign investment. This publication provides
entrepreneurs and visitors with an excellent guide to the Region, as
well as an overview of commercial opportunities and the investment
climate."
The KRG’s High Representative explained how the Kurdistan Investment
Board and the Trade Ministry can help foreign companies to register an
office locally, and she encouraged British and international companies
to visit the Region and see for themselves the opportunities and good
security situation. The MEA plans to take its fifth trade delegation
to the Region in the autumn.
When asked about hydrocarbons policies, Ms Abdul Rahman said that from
the outset the KRG has been very transparent on oil and gas, and
published the model production sharing contract and companies with
contracts on the government website.
Ms Abdul Rahman was also asked about measures on good governance. She
said, “We are doing a lot to improve governance and learn from the
experience of other countries. PricewaterhouseCoopers is advising the
KRG on good governance and e-government, and the British civil service
training college the National School of Government has been training
our senior civil servants in quality assurance.”
Mrs Feride Alp of the MEA chaired the launch. Over 60 companies
representing different sectors as well as the British and Kurdish
media attended the launch.
Read or download Invest in the Future 2009 (6.88 MB) as a PDF file.
To obtain a hard copy of the publication, please contact Newsdesk
Media, the KRG UK Representation, US Representation or the Department
of Foreign Relations