DBX Kurdistan activities
With the
participation of 300 international companies from 27
countries, DBX Kurdistan activities were launched on 15
through 18 of September 2005. Through opening ceremonies,
Iraqi ministers emphasized the importance of encouraging
private businesses and attracting more investments from
foreign countries to help rebuild Iraq. Those ministers
indicated the role of expo and conference in showing
economic opportunities available in Iraq.
The organizers
of the conference sought for identifying the local market,
the economic and investment opportunities in various sectors
like infrastructure, technology, industry, encouraging
investors to work in Iraq.
In the
meantime, the participants discussed many issues relevant to
rebuilding Iraq, projects and opportunities of investment in
industry, trade, tourism, service, technology and
construction. The Iraqi market won't stay longer without
great competitors. Participation of King Abdullah 11 Center
The Jordanian
company for manufacturing specialized machines Jordan N B
Aerospace Company and Jordan Aviation Company.
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Business sessions held at Kurdistan conference (DBX)
Participants in these sessions presented their companies
projects in different work fields.
Trade and investment session Director of planning in
Ministry of Planning Mr. Gassan Al-Abttan stressed the role
of private sector and foreign investments in economic
development indicating that Iraq needs to achieve an
economic growth rate of 12% to eliminate unemployment which
exceeded 30%.
Moreover, he stated that lack of trust between private and
public sectors in the previous era led private sector to
concentrate on minor agricultural projects only.
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The
activities of DBX Kurdistan finished
With the
participation of 320 international companies and 500
businessmen and economists the IACCI has successfully
finished DBX Kurdistan Trade Show and Conference.
Mr. Raad Ommar, IACCI executive manager, said that DBX
visitors' number has reached 95,000 attendees. Contracts
signed
The Iraqi-Lebanese Man Company has singed an agreement of
400 million dollars for building bridges. "The project
covers 1000.000 square meters and includes 6000 trade shop"
he elaborated.
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