Kurdistan of Iraq: Safe and Open for Business

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Kurdistan of Iraq Safe and Open for
Business! Dr. Zeki Fattah Economic Advisor to
the Prime MinisterKurdistan Regional Government
(KRG)
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Iraqi-Kurdistan Investment Law 2006

• Grants national treatment of foreign investors
  Imports
• Guarantees repatriation of profits and wage
  earnings
• Guarantees against nationalization and
  expropriation
• Places no restriction on ownership structure, or
  on composition of labor or management
• Exempts profits and imports from taxes for 10
  years
• Provides exemption for subsequent investment
  expansion
• Does not forbid land ownership by foreigners
• Entitles companies that merge to continue
  enjoying exemptions as before the merger

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Kurdistan as an Investment Location (1)
Table1 Main characteristics of legal framework
for Kurdistan FDI
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Kurdistan as an Investment Location (1)
Table 2 Matrix of investment factors in Kurdistan
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Kurdistan as an Investment Location
Table 3 Evaluation of FDI Law in Iraqi-Kurdistan
KRG evaluation. The economic determinants are
based on those used in UNCTADs Survey of
International Investors, Geneva, 1998
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• Investment opportunities in the
• Kurdistan Region
• Agriculture ..
• .
• Manufacturing industries.
• .
• .
• Construction activities.
• ..
• ..
• Energy ..

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Investment Opportunities in Kurdistan

• Water plants..
• Transportations including roads and railways
• .
• Telecommunications ..
• ..
• .
• Storage facilities.
• ..
• ..
• Banking Insurances

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Stage 1 Infrastructure foundation of the
industrial city
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