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Iraqi Kurdistan to showcase region for foreign
investment
12.3.2007
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March 13, 2007
Sulaimaniyah, Kurdistan region (Iraq), March
-- Iraq's relatively peaceful northern Kurdistan
region is to stage a trade fair this week in a bid
to attract foreign investment, an official said on
Monday.
Othman Shwani, the Kurdistan administration's
planning minister, said around 500 companies from
the United States and the United Arab Emirates are
expected to participate in the fair in the city of
Sulaimaniyah Wednesday and Thursday.
The fair is aimed at "encouraging foreign companies
to invest in Iraq's Kurdistan," Shwani told a press
conference in Sulaimaniyah.
About 160 Kurdish enterprises will also take part.
"We will endeavour to showcase the investment
opportunities available in Kurdistan," Shwani said.
Kurdistan's three provinces of Sulaimaniyah, Erbil
and Dohuk are peaceful compared to the war-ravaged
country's central and western regions where a bitter
sectarian strife and a raging anti-US insurgency
have left tens of thousands dead.
Kurdistan, an autonomous region within Iraq, has
announced liberal investment laws aimed at
attracting foreign companies, including oil
concerns.
AFP
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