Kurdistan is seeking to exploit the Kuwaiti investments in the region
2015-11-20

(Voice of Iraq)-Iraq announced the Kuwaiti Consul in Kurdistan on Friday, Kurdish side's desire to benefit from Kuwaiti investments in the region, and left several areas for investment in the region, confirmed that Kuwait has a list of projects currently in the region, especially in the field of industries and food products.

Kuwait News Agency said in a report obtained by (range), "in an effort of Kuwait to strengthen investment cooperation with Kurdistan region met the Kuwaiti Consul General in Erbil Doris with Chief investment in Kurdistan Savior Murad attendance directors to invest in cities in Kurdistan Arbil, Sulaimaniya and Dohuk".

The report added that "the two sides talk in the areas of cooperation and investment orientation of Kuwaiti Consulate General of territorial cooperation with various institutions".

The report quoted Amir as saying that "the audience expressed their strong desire to encourage Kuwaiti investments in the region and take advantage of the presence of Kuwaiti Consulate in this area to strengthen cooperation between the two sides and expand investment".

Al kandari pointed to "several areas for investment in the region, particularly associated with the oil industry, agriculture, tourism and other promising areas", stating that "Kuwait has a list of projects currently in Kurdistan especially in the fields of steel and food products".

Al kandari confirmed that "Erbil looking to increase the size of Kuwaiti investments in the region".

Recall that according to the statistics of the investment authority in Kurdistan, the volume of foreign investment in all sectors amounted to more than 22 billion dollars since the investment law until 2014.

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