Download BOI presentation with swedish delegation 17/04/2012

Kurdistan Regional Government – Iraq
Board of Investment
Kurdistan The Gateway to Iraq
Apr. 2012
Summary of investment projects
The total capital of all projects: 21 Billion
The number of licenses projects : 441 Projects
FDI: 34 Projects, capital 3.363 Billion ,16%.
Joint Venture:24 Projects, capital 1.058 Billion ,5%.
National : 383 Projects, capital 16.545 Billion ,79%.
FDI- by Country
Erbil/FDI- by Country
1.
Foreign investors and foreign capital are treated as national investors
and national capital.
2.
A foreign investor who establishes a project in the Region is entitled to
own the entire project.
3.
A foreign investor may transfer the profits of a project and interest on
his capital abroad according to the provisions of the Investment Law.
4.
A foreign investor is entitled to repatriate his capital upon the liquidation
or disposal of the project, provided doing so does not conflict with the
provisions of law, customs procedures, and tax procedures.
5.
A foreign investor is entitled to insure his project through any national or
foreign insurance company.
1.
Exemption of projects from all taxes and non-customs duties for a
period of 10 years.
2.
Exemption from taxes and duties for machinery, implements,
equipment, vehicles, and machines imported for a project, provided an
import license is obtained.
3.
Exemption from taxes and duties of spare parts imported for a project.
4.
Exemption from customs duties of raw materials imported for production
in a project for a period of five years.
Erbil:
- Safeen Mountain of Kurdistan.
- Game City in Erbil.
- Erbil Tram Project.
- Erbil Industrial zone.
Sulaimaniyah:
- HAWARY SHAR.
- SARCHINAR CEMENT FACTROY LAND.
- QULARAISY LANDS.
- OLD PETROL DEPOT.
- POULTRY LAND AT KANDAKAWE.
- PULIC TRANSPORTATION LAND.
- SLEMANY CYLO.
Duhok:
-Most of the Sectors as per the investment Law #4 of
2006 is open for Investment.
- Priorities are Mainly in :
Agriculture & Industry.
Tourism.
BoT Projects.
Sample of a Plan
- Health (Cancer , Chronic diseases).
- Education (Postgraduate).
- Scientific & Technological Researches & IT.
- Banks , Insurance Companies & other Financial
Institutions.
- Agriculture.
- Industry.
- Agro- Industry.
- Tourism.
- Infrastructure Projects.
Other Major Issues
- Draft of KRG Strategic Plan.
- IT. Strategy.
- Four Industrial Areas.
- Scholarship Program “HCDP”.
- Transparency & Fighting Corruption.
- Employment Policy.
- Others.
Doing Business
In The Kurdistan Region Iraq
An official Publication of the Kurdistan Board of Investment & the
General Consulate of France in Erbil
Kurdistan
Welcomes You
www.kurdistaninvestment.org
Prepared by: Department of Studies & Information