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 UAE company to invest $50 million in Kurdistan-Iraq 

 Source : Hewler Globe Issue 57 May 16 
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


UAE company to invest $50 million in Kurdistan-Iraq 17.5.2006 

 






UAE company to invest $50 million, Ericsson Company installs telephone switchboard in Kirkuk

Sulaimanyiah, Kurdistan, Iraq, May 17, -- The Kurdish Investment Promotion Group, KIPG, and the Emirates Enter-Group Investment Firm have signed a memorandum of understanding (MOU) on a $50 million project. This project will be to construct a five star hotel by the Sulaimaniyah International Airport, reported Kurdistani Nwe, Wednesday, May 10.

The ceremony was held at the Convention Hall of the KIPG office with the participation of the head of KIPG, Mohammed Ahmed, and Salman Yousif, CEO of EnterGroup. Meanwhile the directory of the general communication of-fice in Kirkuk stated Tuesday that the international Ericsson Company has started executing
the project of installing a switchboard of 20,000 telephone lines.

“The project is of vital importance in the city due to the deficiency in telephone services. It will also reduce the workload on the old switchboards.

The directory of the general communication of-fice in Kirkuk stated Tuesday that the international Ericsson Company has started executing the project of installing a switchboard of 20,000 telephone lines.

“The project is of vital importance in the city due to the deficiency in telephone services. It will also reduce the workload on the old switchboards. Our office has prepared artistic staff to work in this task which is regarded the largest of its kind this year,” said the director.

HewlerGlobe net 

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