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Young Entrepreneurs in Erbil Making a Killing
Posted on 15 February 2014
Sitting on some of the world’s largest untapped oil and natural gas reserves, the region is experiencing a surge in investment and construction.
Five-star hotels are dotting the skyline and luxury condo complexes with names like “American village” are opening on the outskirts of the city.
As oil companies set up shop in Iraq’s semi-autonomous Kurdistan region, they’re bringing in lots of money and creating new demand for things like conference centers, translators, restaurants and coffee shops.
This new demand, combined with liberal investment laws, is opening up the economy in a part of the world where business was once reserved for people with family or political connections
Click below to hear the full report from PRI:
[You must be registered and logged in to see this link.]
(Source: PRI)
Posted on 15 February 2014
Sitting on some of the world’s largest untapped oil and natural gas reserves, the region is experiencing a surge in investment and construction.
Five-star hotels are dotting the skyline and luxury condo complexes with names like “American village” are opening on the outskirts of the city.
As oil companies set up shop in Iraq’s semi-autonomous Kurdistan region, they’re bringing in lots of money and creating new demand for things like conference centers, translators, restaurants and coffee shops.
This new demand, combined with liberal investment laws, is opening up the economy in a part of the world where business was once reserved for people with family or political connections
Click below to hear the full report from PRI:
[You must be registered and logged in to see this link.]
(Source: PRI)
