News dalla rete ITA

21 Agosto 2023

Iraq

$13BN+ INVESTED IN KRI PROJECTS IN FOUR YEARS

The Kurdistan Regional Government (KRG) has issued a summary of investments in the region over the past four years:Between August 28, 2019, and August 5, 2023, the ninth cabinet of the Kurdistan Regional Government completed 280 diverse investment projects across the region.A total of $13.53 billion was invested in these projects.The projects were funded as follows:Local investors supported 274 projects.Three projects were backed by foreign investors.Three projects were the result of joint partnerships.Geographical distribution of the projects:Erbil: 124 projectsSlemani: 73 projectsDuhok: 51 projectsHalabja: 3 projectsRaparin: 5 projectsGarmyan: 12 projectsSoran: 3 projectsZakho: 9 projectsLeading sectors in terms of projects:Industrial sector: 81 projectsTrade sector: 69 projectsTourism sector: 39 projectsOther sectors involved:Education: 25 projectsHousing: 23 projectsHealth: 20 projectsAgriculture: 12 projectsSports: 7 projectsBanking: 2 projectsArts: 1 projectGeneral services: 1 projectFull statement from KRG:Between 28.08.2019 and 05.08.2023, the ninth cabinet of the Kurdistan Regional Government oversaw the completion of 280 diverse investment projects across the region.A total of $13.53 billion was channeled into these endeavours. Local investors backed 274 of these projects, three were backed by foreign investors, and joint partnerships contributed to another three. Geographically, the projects include 124 in Erbil, 73 in Slemani, 51 in Duhok, 3 in Halabja, 5 in Raparin, 12 in Garmyan, 3 in Soran, and 9 in Zakho.The industrial sector took the lead with 81 projects, followed closely by trade with 69 projects, and tourism with 39 projects. Other sectors included education (25 projects), housing (23 projects), health (20 projects), agriculture (12 projects), sports (7 projects), banking (2 projects), arts (1 project), and general services (1 project).Investments play a pivotal role in shaping a nation's economic landscape. Over the last four years, the KRG's ninth cabinet has spearheaded rapid growth in this area, emphasising the importance of a robust investment infrastructure. (ICE AMMAN)


Fonte notizia: Stampa Locale