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View Full Version : Invest 15 billion dollars in 127 projects in Kurdistan in two years



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10-27-2008, 07:09 PM
The Director-General of Investment in Sulaymaniyah, on Monday, said that 15 billion dollars invested projects in Kurdistan province in two years.

He also said Saeed Al Faki (Voices of Iraq) that "15 billion dollars invested projects in the province of Kurdistan since the investment law in the province in June 2006 and June till September last."

He said that "the number of investment projects of 127 projects, most of which were completed before the Egyptian and UAE Uzlndep, Lebanese, American, British, Jordanian," noting that "the lion's share of companies which were the UAE, where received projects worth 6 billion dollars."

He said that some of these projects "is being implemented jointly by Iraqi companies, Arab or foreign, such as South Africa, Sweden, Austria, India, Kuwait, Germany, Britain and America", noting that "45% of those projects, tourism and 32% of the housing."

He said that the share of agriculture and industry, "the least, while we desperately need to develop these sectors."

The director said that the investment "of the total 15 billion, was allocated 11 billion of Irbil and Sulaymaniyah to three billion and one billion of Dahuk."

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