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Kuwait Consul in Erbil looking ways to enhance cooperation in the field of investment with the region

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Rocky


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Kuwait Consul in Erbil looking ways to enhance cooperation in the field of investment with the region




2015/11/20


{Arbil: Euphrates News} Search Kuwaiti Consul General in Erbil, Dr. Omar Al-Kandari during a meeting with President of the General Authority for Investment in the Kurdistan region sincere Murad today ways to enhance cooperation in the field of investment.
He explained Kandari in a press statement that "the President of the Commission met in the presence of general managers to invest in the cities of Kurdistan, Arbil and Sulaymaniyah province of Dohuk, as part of orientation Kuwaiti Consulate General to build bridges of cooperation with the province and the various institutions."
He noted that "attendance expressed their strong desire to encourage Kuwaiti equities to take advantage of the presence of the Kuwaiti consulate in this area, hoping to be a catalyst to enhance cooperation between the two sides and to overcome any difficulties that may hinder the expansion of investment patch.
"He stressed that there are many areas of investment in the region, particularly associated with the oil industry, agriculture, tourism and other promising
fields." The officials in the Commission called for increasing Kuwaiti investments in the region compared to the Gulf States and other pointing to the geographical proximity of Kuwait from Kurdistan in addition to the common denominators between the Kuwaiti people and the Kurds.
"He Kandari to" the existence of a Kuwaiti-based projects in the province, especially in the field of iron and food products industries Kalolban stressing that " Arbil looking to increase Kuwaiti investments in the region.
"He acknowledged the Kurdistan Parliament in 2006 investment law in the region, which requires providing many facilities to investors, traders and give rights to foreign investors similar to the rights of the local investor.
According to the statistics of the Investment Authority in Kurdistan, the volume of foreign investments stood at All sectors of more than US $ 22 billion since the issuance of the Investment Law and until 2014.
General Authority for Investment and holds in the Council of Ministers of the region of Kurdistan province, the task of overseeing the investment projects and opened its branches in the governorates of Erbil, Sulaymaniyah and Dhok.anthy

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