Monday, July 09, 2007
Iranian companies pull out of Thi Qar, focus on Kurdistan
Business
(Iraq Directory article) - Two Iranian companies abandoned obligations to implement investment projects in Thi Qar (400 km south of Baghdad) because of violence there. Deputy governor of Thi Qar Ahmed Al-Sheikh Ali said in a statement that the clashes in the province prompted the investment companies to withdraw cement plant structures and plastic pipes ready for export to Iraq from Iranian ports, and apologized for failure to implement the agreement with the province, a great loss because such projects could have provided jobs.
On the other hand an Iranian trade delegation consisting of representatives of 52 companies arrived in Irbil for coordination and expansion of cooperation between Iranian and Kurdish companies. Chairman of the Trade and Industry Chamber of Kurdistan region Dara Jaleel Khayyat said the chamber organized meetings in Kurdistan between the Iranian trade delegation and a group of traders and investors, and visited trade institutions and projects being implemented.
The coordination official in the Iranian Trade and Industry Chamber, Khosro Maarufi, expected that the visit would result in providing opportunities for Iranian investors to work in the Kurdistan region; the delegation included representatives from industry, construction materials, oil, electricity, water and medicine sectors.
It is noteworthy that Iranian companies hold annual trade fairs in Kurdistan.
On the other hand an Iranian trade delegation consisting of representatives of 52 companies arrived in Irbil for coordination and expansion of cooperation between Iranian and Kurdish companies. Chairman of the Trade and Industry Chamber of Kurdistan region Dara Jaleel Khayyat said the chamber organized meetings in Kurdistan between the Iranian trade delegation and a group of traders and investors, and visited trade institutions and projects being implemented.
The coordination official in the Iranian Trade and Industry Chamber, Khosro Maarufi, expected that the visit would result in providing opportunities for Iranian investors to work in the Kurdistan region; the delegation included representatives from industry, construction materials, oil, electricity, water and medicine sectors.
It is noteworthy that Iranian companies hold annual trade fairs in Kurdistan.
Labels: Ahmed Al-Sheikh Ali, Dara Jaleel Khayyat, Iranian companies, Irbil, Khosro Maarufi, Thi Qar
