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 Businessmen attracted to Kurdistan-Iraq

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

 


Businessmen attracted to Kurdistan-Iraq 21.3.2006

 

Baghdad: The north of Iraq (Kurdistan), which is known as the Federal Kurdistan region and includes the cities of Sulaimaniyah, Erbil and Dhok, has gained increasing importance recently.

The region is safe compared to other regions, and is slowly becoming Iraq's main point of contact with the outside world, especially with the continuous decline in security that has been going on for two years.

German, American, Italian and Arab businessmen now prefer to arrive at Sulaimaniyah or Erbil airports to find investment opportunities or meet Iraqi businessmen, as it is safer to stay in these two cities than in Baghdad and other areas.

Abdullah Sardar, a prominent intellectual from Erbil, told Gulf News: "We can walk around in the north of Iraq (Kurdistan) any time we want.

"There are no explosions, no car bombs and no indications of civil strife, which is not the case with Baghdad at the moment."

Many of Baghdad's wealthy people pay extended visits to some of the northern cities to enjoy the greenery, mountains and security.

Ahmad Al Samarai, an Iraqi businessman, told Gulf News that the northern cities of Erbil, Sulaimaniyah and Dhok are preferred by politicians, businessmen and even workers, who prefer to work in Kurdistan after terrorist attacks affected their jobs in Baghdad.

"I know that dozens of my friends of businessmen have moved with their families to the north of Iraq, to escape car bombs, kidnappings and perhaps murder," said Al Samarai.

Baghdad is losing its economic, political and social stature, while the north is acquiring new glamour. Mahmoud Al Saadi, manager of a tourism company in Baghdad, said that he expected trips from Baghdad and other central and southern cities to increase by 400 per cent this summer, due to the increasing sectarian violence.

In politics, Kurdish leaders who control the north (Kurdistan) have not hesitated to make the area a political hub, as there is a Kurdish attempt to move some of the negotiations on government formation to Kurdistan.

www.gulfnews.com 

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