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Nechirvan open Erbil's largest shopping
mall and urges investors to drive economy
12.10.2006 |
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Erbil, Kurdistan
Region (Iraq), October 12 ,-- Kurdistan Regional
Government (KRG) Prime Minister Nechirvan Barzani
today opened the largest shopping mall in Erbil –
the New City Mall.
In another sign of the Kurdistan Region’s continuing
economic growth and stability, the New City Mall
opened for business today, creating new market
opportunities for the citizens of Erbil, and
bringing at least 250 quality jobs to the local
citizenry.
Instead of cutting the traditional ribbon, the Prime
Minister officially opened the New City Mall by
turning on the Mall’s huge electronic billboard - a
first for Erbil and the Kurdistan Region.
In his remarks the Prime Minister noted that, “The
historic opening of the New City Mall is a further
sign of economic progress here in the Kurdistan
Region.
It brings important new jobs to the people, offers
greater consumer freedom and encourages lower prices
through greater market choice and competition.”
The Prime Minister praised the investors and
operators of the New City Mall for their vision and
confidence and said, “The private sector must be the
engine for job creation in our region.
Government has an important role in providing
stability, security and a constitutional structure,
but the private sector – both local and foreign
investors – will drive the future economic growth of
the Kurdistan Region, just as it does elsewhere in
the world.” |
Kurdistan Regional Government (KRG) Prime Minister
Nechirvan Barzani 2nd from the right, today opened
the largest shopping mall in Erbil – the New City
Mall. In another sign of the Kurdistan Region’s
continuing economic growth and stability
Photo:KRG |
The Prime Minister issued a new call for private
businesses to join with the government to look for
new ways to invigorate the agriculture and food
processing industries, and to adopt a “can do”
attitude when it comes to investing in Kurdistan.
“We are slowly seeing the emergence of products
manufactured in our region, but there is much, much
more to be done. The KRG is providing new laws and
guidelines for investment and is further developing
a legal and constitutional structure which will
promote and protect private sector development. But
we need business to do more to develop badly needed
industries.
We are a patient but strong-willed people, and I
know that the partnership between private industry
and government can bring new benefits and a bright
new future to the people of the Kurdistan Region.”
krg org
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