In this Kurdistan Region of Iraq coverage, we put a spotlight on the Real Estate, Human Capital, ICT, and Agriculture & Water. We also talk to the leading companies on their success stories, future projects and doing business in Kurdistan.
Developed in conjunction with Ext-Joom.com
There are challenges on the way; according to Taha, "everybody today asks "what does Iraq need?" and I think the last thing we need is money, per se. What we need is intelligent money, and so you have to create the environment to attract that intelligent money. By some accounts, we are going to need $600 billion of investment in the country in this decade alone."
Due to uncontrolled spending Kurdistan and Iraq might face a commodity curse and should look-up to models adopted by Norway and Chile - the only two countries that managed to break a commodity curse.