|
Kurdistan govt's UK Representative
announces London trade and investment conference
13.3.2010
|
|
|
|
March 13, 2010
LONDON, —
The High Representative to the UK on Wednesday
announced that a major conference will take place in
London in June this year to promote international
trade and investment in the Kurdistan Region in
Iraq.
Ms Bayan Sami Abdul Rahman said, “The conference,
which has the full support of Prime Minister Barham
Salih, gives international companies access to the
Kurdistan Region’s policy makers. Several Kurdistan
Regional Government (KRG) ministers are
participating, as well as representatives of the
private sector and regional and economic experts.”
Ms Abdul Rahman announced the conference at a Middle
East Association business seminar in London on
Wednesday, to representatives of more than 70
companies. She outlined the opportunities for
British and international companies in the Kurdistan
Region, in education and training, food processing,
tourism and many other sectors.
|
KRG photo |
Kurdistan has a young
and growing population with a thirst for knowledge,
technology and consumer goods, which brings
challenges for the government but also many
opportunities for the private sector, she said.
Mr Paul Atherton, Chief Financial Officer of British
company Heritage Oil, also spoke at the briefing.
Heritage Oil has an oil exploration and production
contract with the Kurdistan Regional Government. He
said, “We chose Kurdistan technically because it has
a huge, largely undiscovered, oil resource and
corporately because it is safe, secure and stable,
and because we can do business there. We have
invested $100 million to date, and will invest
another $75 million this year. Kurdistan can create
significant value for both stakeholders and
shareholders.”
Other speakers at the briefing advised British
businesses to see the Kurdistan Region for
themselves and to do business face-to-face, which is
the normal business practice across the Middle East.
Mr Dana Dougramachi and Mr Baisaran Naqshbandy of
the Kurdish company Federal Group,www.ekurd.netand
Mr Bob Haddow of British firm Middle East Minerals,
all commented on the desire and need for
professional and vocational training in many areas.
Mr Haddow said, “The attitude of Kurdistan is that
the population together want to build a better
future.”
For more information about the Kurdistan Trade and
Investment Conference in London, please see
www.kurdistanconference.com
Copyright, respective author or news agency,
Kurdistan Regional Government | krg org
Top |
Kurd Net
does not take credit for and is not responsible for the content of news
information on this page
|
®
