Mohammed Shukri, the head of the Investment Authority in the Kurdistan Regional Government, disclosed that amidst 3,500 global companies operating in Kurdistan, 200 are British enterprises. Speaking at the annual conference of the Iraq Britain Business Council in Dubai, Shukri emphasized that the political stability in the Kurdistan Region serves as a primary catalyst for attracting foreign investors.

The conference, which commenced on Thursday, December 7, and concludes today, Friday, sheds light on the flourishing economic ties between Iraq and the United Kingdom. Shukri highlighted the Kurdistan Region's political and security stability, coupled with its cultural and democratic diversity, as crucial factors contributing to its appeal among international investors.

In his address, Shukri detailed the diverse sectors where British companies have made their mark in Kurdistan, including education, food, transportation, healthcare, industry, oil, and gas. The head of the Investment Authority underscored that the robust economic relations between Kurdistan and the UK are driving the significant presence of British businesses in the region.

Furthermore, Shukri outlined the Kurdistan Regional Government's concentrated efforts on implementing vital economic infrastructure projects. These include initiatives in energy, with a particular focus on sustainable and renewable sources, as well as developments in dams, railways, and improvements in public services, highways, and technology.

Highlighting the region's natural wealth, both on the surface and underground, Shukri noted the establishment of numerous large industrial factories in Kurdistan. The news underscores the Kurdistan Region's commitment to fostering economic growth and attracting foreign investment through stability, diversity, and strategic infrastructure development.