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 After the Strife Iraqi business comes alive

 Source : EU Reporter
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


After the Strife Iraqi business comes alive 8.9.2005
By Burhan Jaff, published 7.Sep

 


Business openings in Kurdistan are taking off

KURDISTAN is not Ireland, and Ireland is not Kurdistan. No doubt about it, that's for sure! But are there not lessons from Ireland that are applicable to Kurdistan? Ireland's population is about the same as Kurdistan's, four million.

Ireland's advice is very simple: "Make high school and college education free; set your corporate taxes low, simple and transparent; actively seek out global companies; open your economy to competition; use English; keep your fiscal house in order and build a consensus around the whole package with both labour and management - then hang in there because there will be bumps in the road - then you too can become one of the richest countries in the European sphere."

Burhan Jaff
KRG-European Union Mission


Keeping in mind it's been only two years since liberation, let's look ahead to the longer term. In Kurdistan, high school and college education is already free, although quality needs to be greatly improved. Corporate taxes are virtually non-existent. Global companies are beginning to be sought. Opening up of the economy to competition has started.

The use of English has begun but needs to be greatly expanded and accelerated. Keeping the fiscal house in order is underway. There is no real problem with labour, except for the current shortage, but management capabilities can do with enhancement.

Since 2003, the door has been wide open enough to walk through.

Kurdistan

Iraq is a country of scientists, engineers and technicians. Kurdistan could very well become a source of software engineering for the export market, for example. The subject is already being taught in at least one of the three regional universities.

What other interesting industries could Kurdistan get involved with? What else does Kurdistan need to do to prepare for a more interesting and economically exciting future?

The European Investment Authority continues its rapid development. After the regime of Saddam Hussein withdrew its administration and military from part of the Kurdistan Region an airstrip near Erbil in what was the largest military base in northern Iraq remained in disuse from October 1991 until 2003. Coalition military forces used the airstrip against the regime of Saddam Hussein. At that time there were no facilities at the airstrip, only the runway.

Later the U.S. military transferred control of the Erbil airstrip to the Kurdistan Regional Government (KRG). The formal transfer ceremony included the signing of the flag of the Kurdistan Region by the late KRG Deputy Prime Minister Mr. Sami Abdul Rahman and the then Major General David Petraeus of the U.S. Army's 101st Airborne Division stationed in Mosul.

Since that 2003 formal transfer ceremony the runway has been lengthened and strengthened, the control tower, terminal building, and other facilities constructed and an ILS (Instrument Landing System) together with communications equipment installed. Emergency equipment has been procured and staff foreign trained. Foreign trained security staff (with explosives sniffing dogs) have been employed. Equipment at Erbil is the latest and most modern. The terminal building is complete with security equipment including x-ray baggage scanning and handling machines, passport control, visa and customs services. A 10-day visa may be obtained on arrival. If the period is exceeded, the KRG Ministry of Interior must be contacted.

This is the first airport in Erbil. Although the present runway can accept today's largest aircraft, with the exception of the Antonov-225 (only one is in service) a second airport nearby is under construction and is expected to be ready within two years. The runway will be longer and stronger to take the largest and heaviest aircraft, and terminal facilities will be larger with the latest in modern facilities and services, including jetways for passengers.

Certificate

EIA has been technically ready for months handling special military and civilian flights daily. A few weeks ago EIA finally received the long sought International Gateway Certificate which allows regular scheduled commercial flights direct to foreign destinations. It's only been two years since the door to Kurdistan was opened after being isolated and denied access to the rest of the world for more than a decade. Various options are being rapidly explored and negotiated by EIA but 'Safety First' is the watchword. Success is dependent on the cooperation of less-than-fully friendly neighbours and on passenger response.

The first direct flight, by Kurdistan Airlines, arrived on July 21st from Dubai. At least a dozen companies have expressed interest in flying from Dubai to EIA. Iraqi Airlines plans to station an aircraft and crewin Erbil to fly direct to Istanbul and Amman. Royal Jordanian might also start a service direct from Amman. Iraqi Airlines will fly direct to Damascus soon, perhaps this month. Flying Carpet will start flying direct to Beirut.

Other destinations being considered are Amsterdam, Athens, Cairo, Frankfurt, Larnaca, and Stockholm.

www.eurepoter.co.uk   

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