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 Kurdistan region leads the way in Iraq's aviation sector

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

 


Kurdistan region leads the way in Iraq's aviation sector 31.3.2007 

 






March 31, 2007

LONDON, March 30 ,-- The Kurdistan Region’s new international airports were showcased as the leading examples in Iraq during an aviation and security conference held in London this week. International delegates met with Iraqi and Kurdistan Regional Government officials, airport directors and airline operators to discuss the continued development of Iraq’s airports which are critical to international support, access and investment.

Since the fall of Saddam’s regime the Kurdistan Region has successfully opened its doors, or rather its brand new airports, to the world. Speaker Abdullah Al Berwari, Vice-Minister and Adviser to the Prime Minister, Kurdistan Regional Government, said: “Direct Access to the Kurdistan Region has improved vastly over the past three years and there are even grander plans to make our aviation facilities a model for the whole region.

Erbil International Airport already buzzes with substantial numbers of international business travellers who are successfully taking advantage of the many trade and investment opportunities.”

Speaker Taher Hawrami, Director, Erbil International Airport (EIA), said: “There is a great deal of serious interest from international companies, large and small, to be part of the exciting developments at Erbil International Airport and the whole of the aviation sector in Kurdistan. This is testament that Kurdistan is peaceful, prospering and already open for business”. 

In 2006, EIA handled 143,430 international passengers, 25,600 domestic passengers, 11,000 tones of cargo and six cargo carriers. Ten airlines currently operate at EIA servicing 14 destinations worldwide. As a result of demand, this month Austrian Airlines is increasing their Vienna to Erbil schedule from two to three flights per week.

A new terminal, runway and aprons are being constructed at EIA with an initial investment of USD 250 million. Work is expected to be completed at the end of 2007 and the terminal fully operational in early 2008. The 16 gate terminal will have the capacity to process 2.75 million passengers a year, providing a substantial footfall for the 5,000 sqm duty free shopping zone. Future plans include an aviation academy, cargo village and an international exhibition hall.

Erbil and Sulaimaniyah are not simply leading the way in aviation but also in regard to visitor facilities in the cities themselves, including hotels, transport, restaurants, parks, shopping malls and business services. This growth has been accelerated by a substantial increase in foreign direct investment, due in part to the new and extremely liberal foreign investment law.



EIA- Erbil International Airport

Erbil Airport Tower

After highlighting the key articles of the new investment law, speaker Dr Zeki Fattah, Senior Economic Adviser to the Prime Minister of the Kurdistan Regional Government, said: “The aviation industry is the most important vehicle for the free flow of people and goods in a landlocked country. The growth potential of the Kurdistan Region’s economy is great and we are actively seeking foreign direct investment not just of capital but also in technology, management and organisation”. Dr Fattah concluded by saying: “International companies, not only in the aviation sector, should think about investing now otherwise they will be in danger of missing the boat.”

You can download the presentations in MS Power point file from KDC websites:

Taher Hawrami, Director, Erbil International Airport - 8 MB

Abdullah Al Berwari, Vice-Minister and Adviser to the Prime Minister, Kurdistan Regional Government - Size 24 MB

Dr Zeki Fattah, Senior Economic Adviser to the Prime Minister of the Kurdistan Regional Government - Size 0.2 MB


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