US Department of Commerce Report Recommends Kurdistan as gateway for investing in Iraq

(KDC)- A report published this month [Feb 2006] by the U.S. Department of Commerce’s Iraq Investment and Reconstruction Task Force, discusses various market entry strategies and recommends Kurdistan as the regional gateway for investing in Iraq.


"... Another strategy involves targeting Iraq’s northern Kurdistan region as a gateway for investment in Iraq. In part due to its semi-autonomous status since the early 1990s, the Kurdistan region boasts of a well-organized regional government and relatively stable economy, making it home to a host of early entrant investors, some of whom will be poised for expansion into Central and Southern Iraq once the security environment improves.


In 2005, direct flights were launched connecting Amman, Dubai, Frankfurt, and Stockholm with Erbil International Airport, capital of the Kurdistan region, with plans to launch direct service from Austria, the U.K., and Turkey in the near future. Additionally, civilian charter aircraft began servicing the Sulaymaniyah Airport to and from Europe in the second half of 2005."
The Kurdistani