Number of projects across governorates (2006 – 2019)
Investments in Kurdistan by sector (2006 – 2019)
Significant Incentives have been granted to investors:
No restrictions on ownership and profit transfer
The Government is extending special investment incentive plans with tax exemptions for a period of up to ten years
Improved relations between Erbil and Baghdad have contributed to getting construction crews back to work over the past year, with Erbil’s 120-meter ring road to open to traffic in December 2019, alongside the start of construction on the 150-meter road, a project costing $131 million.
Furthermore the regional government in Kurdistan has established strong international relations with GCC countries, which have expressed strong interest in being part of the development and growth of the region.
The Kurdistan Board of Investment has highlighted investment opportunities in the following business sectors: