Why invest in Kurdistan?
The Kurdistan Region is an emerging market offering excellent opportunities
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With a young and increasingly prosperous population of 5.2 million, the Kurdistan Region covers about 40,000 square kilometres , around the same size as the Netherlands or Switzerland.
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A stable security situation - not a single coalition soldier has lost their life nor a single foreigner been kidnapped in the area administered by the Kurdistan Regional Government.
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Abundant oil and gas resources, which the Kurdistan Regional Government is developing through production sharing contracts with many international companies.
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The Region has two new international airports in Erbil and Slemani with over 80 direct flights per week from Vienna, Frankfurt, Stockholm, Amsterdam, Dubai, Abu Dhabi, Amman, Istanbul and other destinations. A new international airport is under construction in Duhok.
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A liberal investment law, ratified in July 2006, offers foreign investors incentives including customs relief, tax holidays and the freedom to repatriate profits.
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A regulated banking & finance sector providing basic banking services.
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Eleven public universities and some 10 private universities, several of which teach in English, and a returning diaspora provide a skilled workforce with English as a second language.
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Attractive investment opportunities in agriculture, banking, communication, construction, education & training, energy, healthcare, professional services, oil & gas and tourism...
More information can be found on the website of the Kurdistan Investment Board
Investment in oil and gas exploration and production is treated separately from other sectors. For more information please see natural resources
See also:
Investment guide 2011, The Kurdistan Region: Invest in Democracy