Invest in the Future
Transcription
Invest in the Future
I=:@JG9>HI6CG:<>DC >CK:HI>CI=:;JIJG: 6CD;;>8>6AEJ7A>86I>DCD;I=:@JG9>HI6CG:<>DC6A<DK:GCB:CI '%%. ABOUT STER GROUP Founded in Erbil, Ster Group has emerged as one of Iraq’s fastest growing conglomerates. The Group’s core expertise includes construction,environmental engineering, consultancy, insurance, security, power,communication, general trading, tourism, information technology and research. Ster Group also actively invests in a widerange of real estate projects. A dominant leader in its domestic market, Ster Group possesses an unparalleled level of scope and experience while maintaining a global reach that transcends international borders. A STER GROUP PROJECT STER TOWER BUSINESS CENTER Work in comfort and safety and grow your business You can focus on your business instead of life support. Which office space in Erbil gives you all of these amenities? security to US standards reliable 24/7 power # 1 brand Air Condition system in the world one contract for security, ICT, insurance and life support flexible office options, shop area options Ster Tower Business Centre – opening in December 2009. www.stertower.com Erbil-Ainkawa, Kurdistan (Iraq) phone: +964 66 256 9200 Dubai, UAE address: P.O. Box 214079 www.stergroup.com info@stergroup.com OUR GROUP With you along the way All-inclusive Services Ster Insurance was founded in 2004 and is the largest private insurance company in Iraq and Kurdistan. It is licensed by both the central government and the regional government. It has treaties and the right to issue internationally backed policies. www.sic-iq.com Ster Company provides a wide-range of all-inclusive services and support to industrial, commercial and government clients. Its construction arm offers construction management, general construction, and design-build services for a wide range of projects. Internet Service Provider Business ICT Solutions Ster Logic is a new company within Ster Group. Professionally structured along ITIL-guidelines, SterLogic provides a wide array for ICT-related services. With the increased dependence on technology, organizations depend more on IT services. By outsourcing these IT services, organizations are able to concentrate on their core business while we take care of their IT needs. www.sterlogic.com TarinNet founded in 2006, provides Internet services to the regional government, businesses and people of Kurdistan. A technological pioneer, TarinNet was the first Internet service provider to offer Internet connections to the Kurdistan region. TarinNet is the biggest ISP in Kurdistan. www.tarinnet.info Oil & Gas Industry Ster Petroleum primarily focuses on activities in the energy sector. Having developed several strategic partnerships, the company is an active player in the rapidly growing Kurdish oil and gas industry. Professional Security Ster Security is a leading provider of security consulting and planning services. Recognized for the expertise of its personnel, Ster Security is made up of a team of highly trained and experienced security professionals. Ster Security has the ability to meet a variety of unique security needs. Pure Natural Freshness Kani Water, producer of pure natural mineral water in Kurdistan, was established in 2006. As a unique brand, Kani Water has become a generic name for mineral and bottled water in Iraqi Kurdistan. By providing world-class products known for their natural freshness, Kani became a brand of the Coca Cola Company in 2008. Coca Cola is the official distributor of Kani www.kani-water.com Professional Travel Company Laru Travel established in 2004 is the only professional travel agency in Iraq. With stock tickets from major international airlines, Laru Travel can provide full booking services inbound and outbound from Iraq via major hub cities. The company specializes in corporate travel and provides comprehensive and independent advice on a wide range of travel services. OUR PARTNERS OUR PARTNERS Zerin Nordic assists companies in developing and establishing business in fast growing markets in Iraq and in the Middle East. Local presence in Erbil, Iraqi Kurdistan and in Sweden, enables Zerin Nordic to serve Nordic and Western markets. www.zerinnordic.com Coca Cola has returned to Iraq after an absence of nearly four decades. Ster Group is proud to announce to be a shareholder of Coca Cola Beverages Limited in Kurdistan. In May 2008 the first Coca Cola plant in Iraq was opened in Erbil, the capital of Kurdistan. Employment opportunities available Email us at careers@stergroup.com for further information Vanguard provides clients with professional security operations to further their production needs in a safe and secure environment. The company possesses extensive experience in the oil and gas industry in the Kurdish Region of Iraq. 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Headquartered in Sharjah in the UAE, Crescent Petroleum has international offices in the UK, Iran, and three locations across Iraq, as well as affiliated offices in Egypt, Canada, Saudi Arabia, and Bahrain. Crescent Petroleum is also the largest shareholder in Dana Gas, the Middle East‘s first and largest regional private-sector natural gas company. In both onshore and offshore exploration and production, Crescent Petroleum has shown its vast level of experience in the construction and operation of oil and gas production facilities, pipeline transmission and the drilling of deep, high pressure/high temperature horizontal wells. Crescent Petroleum is the only international oil company that has had a continuous presence in Iraq for the last 17 years, and has been the only international oil company to maintain an operational office in Baghdad throughout this period. Being the only Iraqi-owned international oil company, Crescent Petroleum is firmly committed to the long-term development of the Iraqi oil and gas industry and energy sectors. Crescent Petroleum in Iraq Iraq Current Projects: In equal partnership, both Crescent Petroleum and Dana Gas are investing US$650 Million in a fast track gas development project in the Kurdistan region of Iraq, the largest investment in Iraq for decades, providing employment opportunities for over 2,000 Iraqis of all ethnic groups, and saving the government over US$2.5 billion a year in imported fuel costs. The project is to develop, produce, process and transport gas from two major gas fields to fuel the urgently needed generation of electricity for at least 4 million Iraqis, which involves installing two brand new US-built processing plants and laying 180 kilometres of gas pipeline across mountainous and mine-field terrain. “Gas City” Industrial Complex: In addition, Crescent Petroleum and Dana Gas are developing a joint gas strategy with the Kurdistan Regional Government to optimise economic value creation from gas, including essential job creation. This strategy involves the creation of an innovative, sustainable, synergistic gas industrial complex. Similar gas strategies are being formulated for Anbar and Basra Governorates, where Crescent Petroleum is already engaged with the relevant provincial and federal authorities in a view to meet local infrastructure needs, fully utilize the currently flared gas, and launch the Anbar and Basra Gas Cities on an even larger scale than the one in the Kurdistan Region. Other Iraq Projects: Crescent Petroleum had previously conducted a very large scale study of the Ratawi oil field in southern Iraq on the request of the Ministry of Oil, and had finalized a complete fast track development plan to achieve escalating oil production within 18 months reaching a plateau production of 250,000 barrels of oil per day. Crescent Petroleum also conducted training courses for Ministry of Oil staff in reservoir modelling, together with hands-on training in geophysical processing and interpretation while conducting the recent study of an exploration area in southern Iraq also at the Ministry of Oil’s request under the jointly signed Memorandum of Technical Cooperation. Corporate Social Responsibility (CSR) & Education: Crescent Petroleum has been actively involved in sponsoring important initiatives related to Iraq such as the AMAR-Crescent Development Centre in Basra; and has also sponsored three leading Iraqi universities (including Basra University, Baghdad University and The American Univerity of Iraq in Sulaimaniya) to attend the GetEnergy 2008 educational conference in London. On CSR, Crescent Petroleum is playing a leading role in addressing local community needs, where it has donated power generators, water purification systems and public health equipment to the Iraqi people, conducted several school building rehabilitation projects, and constructed a number of soccer and athletics fields in different locations in Iraq. PO Box 211, Sharjah, United Arab Emirates Tel: + 971 (6) 572 7000 Fax: + 971 (6) 572 6000 Email: mail@crescent.ae www.crescent.ae FOREWORD <ddY 7jh^cZhh HZchZ Bernard Kouchner, French Foreign Minister FOREWORD >6BE:GHDC6AANYZa^\]iZYidhjeedgii]Z @jgY^hiVcGZ\^dcVa<dkZgcbZciÉhXdbb^ibZci! ZmegZhhZYhdi]dj\]i[jaan^ci]^hWdd`!id^ckZhi^c i]Z[jijgZd[i]ZGZ\^dc!VcY^ci]Z[jijgZd[Vaa ^ih^c]VW^iVcih# >i^higjan]ZVgi"lVgb^c\idl^icZhhi]ZgZ" Wj^aY^c\d[@jgY^hiVcÉhejWa^X]ZVai]!ZYjXVi^dcVa! 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Hon. David Miliband MP U.K. Secretary of State for Foreign and Commonwealth Affairs >6BEA:6H:9idXdcig^WjiZidI]Z@jgY^hiVcGZ\^dc/ >ckZhi^ci]Z;jijgZ!l]^X]djia^cZhi]Z@jgY^hiVc GZ\^dcVa<dkZgcbZciÉh@G<ÉhVhe^gVi^dchVcY ^ckZhibZcideedgijc^i^ZhegZhZci^c\i]ZbhZakZh^ci]Z @jgY^hiVcGZ\^dc# I]ZGZ\^dc]Vh]VYVijgWjaZcieVhiVcYhj[[ZgZY \gZViadhhjcYZgi]Z[dgbZggZ\^bZ!^ceVgi^XjaVg i]gdj\]HVYYVbÉh6c[VaXVbeV^\ch!l]^X]hVl i]ZYZhigjXi^dcd[hdbZ)!*%%k^aaV\Zh#;daadl^c\ ^ciZgcVi^dcVaVXi^dciV`Zc^c&..&idegdiZXii]Z Xdbbjc^i^Zh^ci]Zcdgi]VcYhdji]d[>gVf[gdb i]Z[dgbZggZ\^bZÄZhiVWa^h]^c\i]Zcd"ÓnodcZh Äi]Z@jgY^hiVcGZ\^dclVhVWaZidZc_dnVYZ\gZZ d[Vjidcdbn#=dlZkZg!i]ZgZ[daadlZY[jgi]Zg ^chiVW^a^inYjg^c\i]ZnZVghd[^ciZgcVaY^hejiZh WZilZZci]ZildbV^ceVgi^Zh/i]Z@jgY^hiVc 9ZbdXgVi^XEVgin@9E!aZYWnBVhdjY7VgoVc^! 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Iraqi President Jalal Talabani (left) and President of the Kurdistan Region Masoud Barzani (right) VcY>gVc!lZgZYZZeanYZhiVW^a^o^c\#>ciZgcVaXdcÓ^Xi WZilZZci]Z@jgY^h]eVgi^ZhÄaVg\ZanhejggZY dcWnHVYYVbVcYi]ZgZ\^dcVaedlZghÄY^k^YZY i]Z@G<^cidildVYb^c^higVi^dch!dcZ^c:gW^a VcYi]Zdi]Zg^cHjaV^bVc^V#NZii]Z@jgY^hiVc CVi^dcVa6hhZbWanhjgk^kZY!VcYi]Z^YZVd[i]Z @G<lVhcZkZgadhi#6[iZg&..,!VeZVXZegdXZhh XddgY^cViZYi]ZVXi^k^i^Zhd[i]ZildVYb^c^higVi^dch! VcYWZ\Vci]ZegdXZhhd[cdgbVa^oVi^dc#I]Z jc^ÒXVi^dcd[i]Z@G<lVhÒcVa^oZY^c'%%+! l^i]i]ZbZg\Zgd[i]ZildVYb^c^higVi^dch jcYZgi]ZegZb^Zgh]^ed[CZX]^gkVc7VgoVc^# I]Z@jgYhVcYi]Z@G<]VYlVa`ZYYdlcV]VgY VcYgdX`ngdVYWZilZZc&..'VcY'%%'#7jiVadc\ l^i]i]ZnZVghd[XdcÓ^Xi!V]VgY"egZhhZYZXdcdbn! 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WHY INVEST IN KURDISTAN? EgdÒaZh When the Kurds had a disagreement with Baghdad, they used to go to the mountains and fight. Today, they engage politically. Below are profiles of two key Kurdish leaders in the Federal Government in Baghdad 9g#7Vg]VbHVa^] 9ZejinEg^bZB^c^hiZg!>gVf 9g#7Vg]VbHVa^]_d^cZYi]Z@jgY^h]bdkZbZci^c]^hiZZch!aVcY^c\]^bhZa[^c_V^a!WjicdiYZci^c\]^hXdbb^ibZciidi]Zhigj\\aZ[dg @jgY^h]g^\]ihVcYYZbdXgVXnVcYeZVXZ^c>gVf# 7dgc^c&.+%^c>gVf^@jgY^hiVc!9g#HVa^]_d^cZYi]ZEVig^di^XJc^dcd[@jgY^hiVcEJ@Vii]ZV\Zd[&+!l]^aZ^ilVhhi^aaVc jcYZg\gdjcYbdkZbZci^c>gVf#=ZlVhVggZhiZYil^XZWni]Z7VVi]^hihZXgZieda^XZVcY[dgXZYidh^i]^h]^\]"hX]ddaÒcVah^ceg^hdc! Wjihi^aabVcV\ZYidVX]^ZkZi]Zi]^gY"]^\]Zhi\gVYZh^ci]ZXdjcign[dg]^hnZVg# >c&.,.]ZVgg^kZY^c7g^iV^cVhVgZ[j\ZZVcYlZcidcidVX]^ZkZV7HX^cX^k^aVcYhigjXijgVaZc\^cZZg^c\Vii]ZJc^kZgh^ind[ 8VgY^[[![daadlZYWnVE]9^chiVi^hi^XhVcYXdbejiZgbdYZa^c\[gdbi]ZJc^kZgh^ind[A^kZgedda#=Z^hbVgg^ZYid9g#HVgWV\]HVa^]! 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VcYl]d^h^ciZgk^ZlZYdkZgaZV[!^hi]Z@jgY^hiVc GZ\^dcÉhB^c^hiZgd[HiViZ[dgi]Z>ciZg^dg#>ÒghibZi ]^b^c'%%(#=Z]VhhZkZgVai^bZhh]dlcbZVgdjcY @jgY^hiVcÉheda^XZigV^c^c\XdaaZ\ZhÄ^cXajY^c\ l]ZcB^X]VZa>\cVi^Z[[aZXijgZYdc]jbVcg^\]ihid ndjc\XVYZih#B^c^hiZgH^c_Vg^cdlh^ihVii]ZXZciZg d[VcZ[[ZXi^kZcZildg`d[lZaa"igV^cZYeda^XZ!l]d ]VkZgZXZcian]VYi]Z^ghVaVg^ZhgV^hZY# I]ZEZh]bZg\VgZ\^dcVaVgbnjc^ihVgZhegZVYdji idYZ[ZcYi]ZbV_dgjgWVcXZciZghd[9d]j`!:gW^aVcY HjaV^bVc^V#<jVgYhegdiZXi^bedgiVci^c[gVhigjXijgZ ÄVcYegdiZXid^aZmigVXi^dc[VX^a^i^ZhVcYe^eZa^cZh l^i]^ci]ZY^hejiZYiZgg^idg^ZhbV_dg^in@jgY^h] VgZVhi]ViHVYYVbegZkZciZY[gdbWZ^c\eVgid[ i]Z@jgY^hiVcGZ\^dcWjihX]ZYjaZYidWZXdbZeVgi d[i]Z@jgY^hiVcGZ\^dcjcYZg6gi^XaZ&)%d[>gVfÉh 8dchi^iji^dc#Bjai^eaZkZ]^XaZX]ZX`ed^cih!ZheZX^Vaan Vi@jgY^hiVcÉheZg^bZiZg!VcY^cXgZVh^c\anXdbejiZg" WVhZY^ciZaa^\ZcXZ]VkZWZZckZgnZ[[ZXi^kZViYZiZgg^c\ 6gVW_^]VY^hideZgVi^dch#I]Z@G<ÉhhZXjg^inhjXXZhhZh d[[ZgVedh^i^kZgdaZbdYZa[dgl]VibVnhjWhZfjZcian WZedhh^WaZ^c6gVW>gVf!^[adXVaeda^i^X^VchYZX^YZid iV`ZVYkVciV\Zd[i]Z8dchi^iji^dciddg\Vc^oZhZXjg^in dcVgZ\^dcVadgegdk^cX^VaWVh^h# 6bV_dghZXjg^inegdWaZbVg^hZh[gdbi]Z jchZiiaZYhiVijhd[i]ZY^hejiZYiZgg^idg^Zh! ^cXajY^c\i]ZX^ind[@^g`j`#=ZgZ@jgYh!Ijg`dbZc VcY6gVWhXdciZhii]ZVeegdeg^ViZadXVi^dcd[ gZ\^dcVa!Y^hig^XiVcYhjW"Y^hig^XiWdjcYVg^Zh!VcY^c i]ZXVhZd[@^g`j`i]ZWdjcYVg^Zhd[V\dkZgcdgViZ egdk^cXZ#I]ZhZhjW_ZXihVgZVYYgZhhZY^cEgd[Zhhdg A^Vb6cYZghdcÉhXdcig^Wji^dchidi]^hWdd`#7di] i]ZWjY\ZiVgnVcYi]ZiZgg^idg^VaY^hejiZhVgZWZ^c\ iVX`aZY^cXdbb^iiZZhl^i]bZbWZgh[gdbi]Z 7V\]YVYVcY:gW^a\dkZgcbZcih# SECURITY, LAW AND DEMOCRACY PROFESSOR BRENDAN O’LEARY INTERVIEWS KARIM SINJARI, MINISTER OF THE INTERIOR Minister, can you tell me what improvements there have been in security since 2003? Let me first say what it was like before 2003. Before 1991, people hated the police. They rightly saw them as the tools of Saddam and his repressive regime. We then won our autonomy, even though it was not properly recognized by the wider world. We had to work very hard to build trust between our new police and the communities they protect. They are now seen as law enforcers rather than law abusers. We now have very significant and willing cooperation from our public, unlike Saddam’s police. We were autonomous between 1991 and 2003, but we suffered from two embargoes; that of the world community against Iraq, and that of Iraq against our Region. Iraq cut us off completely from its policing materials, its colleges, and all the basic essentials. The embargoes really handicapped us. For example, before 2003 we did not even have supplies of fingerprint powder. After 2003 the international doors were opened, and we were able to re-equip and make a fresh start. Since 2003, coalition forces and governments have helped us with training and with equipment. We have received help from some European countries, such as Germany. Of course, we are not perfect, but I am satisfied at our progress. We have radically improved our training and technological capabilities. In our Police Training Colleges we no longer teach Saddam’s history; instead, we teach human rights, democratic systems, and multi-party systems. Our ordinary police are high-school graduates whom we put through three years of training. Our officers are college graduates, whom we train for eight months. We have a good and growing number of women. We have police recruited from the minority religions and nationalities. Salaries have been raised to a starting salary of 500,000 Iraqi dinars a month, and we have decent pension arrangements. What is the scale of criminality in the Kurdistan Region? Crime, of course, exists everywhere: theft, killing, assaults, rape and murder. But compared with the rest of Iraq, or with neighboring countries, or the wider region, we are in very good shape. Moreover, we have data, in which we are confident, that shows a 30-40 percent fall in a range of crime rates in recent years. And how do you explain that? Good police work, as you would expect me to say, but our better police work is explained by what we have just discussed. I would also put it down to our dramatically improved economic development, and the higher employment and higher income levels of our citizens. What about security against terrorism? We are vigilant, and we have been effective. The Asayesh works on counter-terrorism and counter-espionage. It is an intelligence agency with the power of arrest. We have a Higher Committee for Security – the Interior Minister, the Asayesh, the Peshmerga and the Traffic Police are all represented on it. They plan and evaluate. The Committee is replicated at governorate, district and sub-district level (where mayors are involved). We cooperate. We know that intelligence and cooperation are critical to our continued success. We have helped the international coalition forces, and they have helped us. Many times we stop attacks inside Arab Iraq, not here. If they plan to do something here we nip their actions in the bud – with the coalition forces or Iraqi federal forces. Since May 2005 we have had no major terrorist incident within the KRG, despite the fact that Mosul, where Baathists roam freely, is a mere 50km from Kirkuk. They have tried to infiltrate us, but we have stopped them – so far. Erbil, for example, is a flat city so we have ringed it with a ditch, 73km long, which ensures we can check all vehicles carefully without disrupting normal life too much. How can foreign investment and aid help you? In training and equipment. We worked with Americans in introducing an investment program performance monitoring system, a computerized policing system for personnel management, iris IDs of police staff, and communications among police stations. In a year and a half in Baghdad they could not do anything. I urged them, “why not come and practice here?” They came, and within five weeks they did what they could not do in Baghdad. We are working to get a DNA machine, and seeking better equipment to check for weapons. The Koreans provided us with a computerized fingerprinting program. We will be constantly upgrading our systems with foreign investment and counsel. In many countries, police are a source of corruption. Have you significant corruption? What do you do to prevent it? I would be a liar if I said I could assure you that no police are corrupt, but it is very limited. We are confident that salary raises have helped; we also have strengthened internal disciplinary investigations and have punished infractions. We pay attention to public complaints, and we try to put in place systems of operation that minimize the chances for corrupt conduct. What about crimes against women? Genderbased violence? Spousal abuse? The Prime Minister has rightly taken a vigorous and tough stand on all these questions and chairs a High Committee on all these subjects – including genital mutilation of baby girls. The Interior Ministry has the lead responsibility. We have carried out careful investigations and analyses and have good data on all these subjects. We have arrested and charged far more people. They have been judged and in some cases have faced execution or long sentences. And that has had a transformative effect. Women are now far more likely to come to the police for help or with complaints, and if the question cannot be resolved to their satisfaction, we have safe havens for them while we arrest offenders. Enterra Solutions International, LLC and its Kurdistan Business Center are proud to sponsor the Invest in the Kurdistan Region 2009 publication. Through our Kurdistan Business Center in Erbil, we serve as a gateway for investors who have a serious interest in the many opportunities in the dynamic Kurdistan Region. We invite you to visit us when you are in Erbil! For additional information on our many services for interested investors, please contact us at: KBCInfo@EnterraSolutions.com ENTERRA SOLUTIONS INTERNATIONAL, LLC SECURITY, LAW AND DEMOCRACY AVl[ja@jgY^hiVc The address given by Prime Minister Nechirvan Barzani at the opening of the Judicial Council building in May 2009 L:>CI=:@jgY^hiVcGZ\^dcVa<dkZgcbZci@G<]VkZ ValVnhaZciXdci^cjdjhhjeedgiidi]Z^cYZeZcYZcXZ d[i]Z_jY^X^Vgn!VcY]VkZldg`ZYidhZi^ceaVXZi]Z [djcYVi^dcd[_jhi^XZ#I]Z^cYZeZcYZcXZd[V_jY^X^Va Vji]dg^inbZVchgZheZXi^c\]jbVcg^\]ihVcY Xdbb^ii^c\idi]ZaVlVcY^ciZgcVi^dcVaXdckZci^dch# LZ]VkZig^ZY!^cVXXdgYVcXZl^i]\adWVahiVcYVgYh! idegdk^YZVcZck^gdcbZciXdcYjX^kZidi]Z ZhiVWa^h]bZcid[_jY^X^VaVji]dg^inÄi]ZhZXg^iZg^V ]VkZWZZceji[dgi]idhZgkZ]jbVc^inVcYegdiZXi^c\ i]Zg^\]ihd[i]Z^cY^k^YjVaVcYi]Z^cYZeZcYZcXZd[ i]Z_jY^X^VahnhiZb# LZ^ci]Z@G<l^aagZbV^cXdbb^iiZYidi]ZhZ Xg^iZg^VVhlZZhiVWa^h]djg_jY^X^VahnhiZbVcY[V^g Xdjgih^ci]ZGZ\^dc#HjX]VhnhiZbgZfj^gZhi]Vicd dcZXVcWZVggZhiZYl^i]djiVaZ\VaYZX^h^dcVcYi]Z cZXZhhVgnlVggVcih# 6cndcZl]d^hVggZhiZY]Vhi]Zg^\]iid`cdll]n ]Zdgh]Z]VhWZZcVggZhiZY#=Zdgh]ZbjhiWZ\^kZc i]Zg^\]iidVXXZhhaZ\VaXdjchZa#Hd]ZgZlZbjhi YZÒcZVcYhZidjii]Zb^hh^dcd[i]Z_jY^X^VahnhiZb VcYi]ZXdjgih#6hi]Z]^\]Zhi_jY^X^VaVji]dg^in^c i]ZGZ\^dc!i]Z?jY^X^Va8djcX^a!i]gdj\]i]ZXdjgih ÄZheZX^Vaani]Z8djgid[8VhhVi^dcÄXVcgZk^Zli]Z Ydhh^Zghd[hjheZXihVcYd[i]ZVXXjhZY#>iXVcVahd gZk^Zli]ZYZX^h^dchVcYkZgY^Xih^hhjZYWni]ZXdjgih# 6cYi]Vi^hl]n!VhVaZ\VaVcY]jbVc^iVg^VcYjin! i]Z?jY^X^Va8djcX^aVcYi]ZXdjgihbjhikZgnXVgZ[jaan add`^cidVaakZgY^Xihi]ViVgZ^hhjZY#9jg^c\i]ZgZ^\c d[egZk^djhgZ\^bZhd[>gVf!VaVg\ZcjbWZgd[djg eZdeaZlZgZk^Xi^bhd[i]ZaVX`d[[V^gcZhh^cXdjgi# BVcneZdeaZlZgZhZciidYZiZci^dcXZcigZhVcYeg^hdc l^i]djiVcnZk^YZcXZdgXVjhZ#I]ZnlZgZigZViZY ^c]jbVcZan!VcYlZgZcZkZgig^ZY^cejWa^XXdjgih# >cedhi"Y^XiVidgh]^e>gVf!i]ZaVlh]djaYWZ VWdkZZkZgndcZ!VcYlZbjhiWZ[jaanXdbb^iiZYid 8dchi^iji^dcVaVgi^XaZhVcYaZ\VaiZmih#CddcZ\gdje h]djaYWZXdch^YZgZYVWdkZi]ZaVl^ci]^hXdjcign# I]ZaVlXVcWZd[]ZaeidVcndcZl]d[ZZahi]Vi]^h dg]Zgg^\]ih]VkZWZZck^daViZYdg^\cdgZY#I]ZgZ[dgZ! i]ZbdgZlZgZheZXii]ZaVl!]jbVcg^\]ihVcY _jhi^XZ!i]ZWZiiZglZVgZVWaZid\VgcZg^ciZgcVi^dcVa hjeedgi[dgdjgeZdeaZ# I]ZaVlgZ\jaViZhVaad[djgXdbbjcVagZaVi^dch ÄaZ\Vaeg^cX^eaZhVgZ^ci]ZhZgk^XZd[ZkZgndcZ#;V^g Xdjgih\jVgVciZZi]ZWVh^Xg^\]ihd[i]Z^cY^k^YjVa l]Zc]^hdg]Zgg^\]ihVgZk^daViZY!dg^[Vc^cY^k^YjVa [VXZhVcn`^cYd[ejc^h]bZci# IdYVn^ci]Z@jgY^hiVcGZ\^dc!i]Z_jY^X^Vgn^h XdbeaZiZanhZeVgViZ[gdbi]Zdi]ZgVji]dg^i^Zh VcY]VhXdbeaZiZ^cYZeZcYZcXZ#LZ^ci]Z@G< Zbe]Vh^oZi]Z^cYZeZcYZcXZVcY[gZZYdbd[i]Z _jY^X^VgnVcYi]ZXdjgih!VcYlZl^aaldg`idZchjgZ i]Vii]ZngZbV^c^cYZeZcYZci# EZghdch!eVgi^Zhdg\gdjehh]djaYcdi^ciZg[ZgZ^c i]ZV[[V^ghd[i]ZXdjgih^cVcnlVn#>cgZijgc!Xdjgih h]djaYegdiZXiVcYYZ[ZcYi]Z^g^cYZeZcYZcXZVcY bjhicdiWZcYidi]ZegZhhjgZd[VcneZghdcdgeVgin# IdegdiZXii]^h^cYZeZcYZcXZ!_jY\Zhh]djaYbV`Z i]Z8dchi^iji^dcVcYaVli]Z^ggZ[ZgZcXZ# ?jY\Zhh]djaYWgVkZaniVX`aZi]ZX]VaaZc\Zhi]Zn [VXZ^cje]daY^c\_jhi^XZVcYi]Z^cYZeZcYZcXZ d[XdjgihÄi]gdj\]egdeZgXdjgiegdXZZY^c\h#LZ cZZYi]Z^ciZgcVi^dcVaXdbbjc^inideaVXZbdgZ XdcÒYZcXZ^cdjgYZbdXgVi^XZmeZg^ZcXZ# >ldjaYa^`ZidheZV`kZgn[gVc`anÄdjg_jY^X^Va hnhiZb^hcdil^i]djih]dgiXdb^c\h#6cYndjbjhi ignid^begdkZdjghnhiZb^cVaaÒZaYhhdi]VilZXVc ^begdkZi]ZhZh]dgiXdb^c\hVcYZVgc^ciZgcVi^dcVa XgZY^W^a^in[dgi]ZYZbdXgVXni]VilZ]VkZWZ\jc#LZ bjhiXdci^cjdjhanhig^kZ[dgi]^hhjeedgi#:kZgnWdYn! ^cXajY^c\d[ÒX^Vah!_jY\Zh!aVlnZgh!egdhZXjidghVcY ^ckZhi^\Vidgh!h]VgZi]^hYjinid^begdkZdjghnhiZb# LZ^ci]Z@G<Zbe]Vh^oZi]Z ^cYZeZcYZcXZVcY[gZZYdbd[ i]Z_jY^X^VgnVcYi]ZXdjgih! 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XdaaZXiVcYVcVanoZYViVWZiiZgÄid]Zaedjgdlc eg^kViZhZXidgidi]^c`lZaa# L]ViVWdji[dgZ^\c^ckZhidgh46gZi]ZnWZiiZg dg\Vc^oZY^cbV`^c\hZXidgVagZfjZhihidi]Z7dVgY VcYi]Z@G<4 I]ViÉhigjZd[i]ZaVg\Zg^ciZgcVi^dcVaXdbeVc^Zh! VhdcZldjaYZmeZXi#L]Vi[dgZ^\c^ckZhidghValVnh iVa`VWdji^hÆ\jVgVciZZh#Ç>ValVnhX]ZX`l]Vii]Zn bZVc]ZgZ#6gZi]ZnhZZ`^c\\jVgVciZZhV\V^chi hVWdiV\Z!gdWWZgn!cVijgVaY^hVhiZgh!dgV\V^chi cVi^dcVa^oVi^dc4LZ`cdllZ]VkZidYZkZadedjg ^chjgVcXZhZXidg#LZi]^c`i]Vil^aaÓdl[gdbi]Z hegZVYd[^ciZgcVi^dcVaWVc`^c\]ZgZ# LZcZZYidldg`dci]ZbZY^V!VcY^cZYjXVi^c\ bV_dgÒgbhVWdji>gVfÉh8dchi^iji^dc#BVcni]^c`Ä lgdc\anÄi]Vii]Znbjhi\di]gdj\]i]Z7V\]YVY <dkZgcbZci#Cdihd#7jilZbjhi\Zii]VibZhhV\Z VXgdhhbdgZZ[[ZXi^kZan!l]^X]^hdcZgZVhdcl]n> ]VkZeVgi^X^eViZY]Vee^an^ci]^h^ciZgk^Zl# PROMOTING ECONOMIC GROWTH 7Vc`^c\ The banking law of 2004 introduced an efficient I]Z banking regime. Now, international banks are choosing @jgY^hiVc to develop their branch networks from Kurdistan GZ\^dc^hVc >CK:HIDGH>C6CNZbZg\^c\bVg`Zi^YZci^[nVc >ckZhibZci7Vc`!i]Z@jgY^hiVc>ckZhibZci7Vc`VcY LVg`V7Vc`# ^YZVaeaVXZ Z[ÒX^ZciWVc`^c\hnhiZbVhXg^i^XVaidi]ZhjXXZhh d[Vcnegd_ZXi#7Vc`h^ci]Z@jgY^hiVcGZ\^dcd[[Zg 6ii]Zi^bZd[\d^c\idegZhh!&*eg^kViZWVc`h]VY hZXjgZVcYgZa^VWaZhZgk^XZhi]ViZcVWaZi]Z^ckZhidg ]ZVYfjVgiZghdgWgVcX]Zh^c@jgY^hiVcÉhbV_dgX^i^Zh idZmeVcY id^beaZbZciVcYbVcV\ZVcnYZkZadebZciegd_ZXi! d[:gW^a!HjaV^bVc^VVcY9d]j`#HdbZ]VkZbV_dg ^ciZgcVi^dcVaVcYgZ\^dcVah]VgZ]daYZgh#I]ZgVe^Y XdbbZgX^Va XdcigVXi!dgd[ÒXZ# >ciZgcVi^dcVaWVc`h]VkZ^YZci^ÒZYi]Z@jgY^hiVc ZmeVch^dcd[i]ZhZ[VX^a^i^Zh^hXaZVgZk^YZcXZd[i]Z GZ\^dcVhi]Z^YZVaadXVi^dc[gdbl]^X]idYZkZade WZa^Z[i]Vii]Z@jgY^hiVcGZ\^dc^hVc^YZVaeaVXZ VcYgZiV^a i]Z^gcZildg`d[WgVcX]ZhVXgdhh>gVf#>c'%%-!7nWadh idZmeVcYXdbbZgX^VaVcYgZiV^aWVc`^c\Wjh^cZhh 7Vc`d[AZWVcdcdeZcZYV[jaahZgk^XZWgVcX]^c ^c>gVf#>cVYY^i^dc!>gVfÉh<dkZgcbZciWVc`hVgZ WVc`^c\ :gW^a#I]Z9Vg"Zh"HVaVVb7Vc`!bV_dg^indlcZYWn deZgVi^c\WgVcX]Zh^c@jgY^hiVc# =H78!gZXZcianje\gVYZY^ihWgVcX]^c:gW^a#I]Z I]ZIgVYZ7Vc`d[>gVflVhZhiVWa^h]ZY^c'%%(!^c Wjh^cZhh 8dbbZgX^Va7Vc`d[@jlV^ieaVchiddeZcVWgVcX] VhhdX^Vi^dcl^i]VXdchdgi^jbaZYWn?EBdg\Vc!id ^cHjaV^bVc^V!VcYVbV_dg^ciZgcVi^dcVaWVc`^h egdk^YZaZiiZghd[XgZY^iVcYdi]ZgXgZY^i^chigjbZcih ^c>gVf hddcZmeZXiZYiddeZc^ihÒghicVbZ"WgVcYWgVcX]^c >gVf^c:gW^a# I]ZhZ^ciZgcVi^dcVaWVc`hXdbeZiZl^i]VgVc\Z d[>gVf^eg^kViZhZXidgWVc`hhjX]Vhi]ZB^YYaZ:Vhi idadXVaVcY^ciZgcVi^dcVaXdcigVXidghVcYhjeea^Zgh ldg`^c\^c>gVf#I]ZIgVYZ7Vc`]VhcdlZmeVcYZY i]ZgVc\Zd[hZgk^XZhd[[ZgZY[gdb^iheg^cX^eVa @jgY^hiVcGZ\^dcWgVcX]^c:gW^a# PROMOTING ECONOMIC GROWTH STARTING UP INSURANCE IN KURDISTAN Dean Killock, Regional Director of Al Fajer Kurdistan, describes opening up an insurance sector in the Kurdistan Region I]ZWVc`^c\hZXidg^ci]Z@jgY^hiVcGZ\^dc^h gZ\jaViZYWni]Z8ZcigVa7Vc`ejghjVciidi]Z igVch^i^dcVaWVc`^c\aVld['%%)!l]^X]^cigdYjXZY VbdYZgc!XdbegZ]Zch^kZgZ\jaVidgngZ\^bZ! ZcXdbeVhh^c\hig^XiXVe^iVaVYZfjVXngZfj^gZbZcih ^cVXXdgYVcXZl^i]7VhZa>># 6cnXjhidbZgl^i]VcZhiVWa^h]ZYegZhZcXZ^c i]Z@jgY^hiVcGZ\^dcXVcdeZcXjggZcidgX]ZX`^c\ VXXdjcih^cVcnbV_dgXjggZcXn#I]ZgZVgZcd ZmX]Vc\ZXdcigdagZhig^Xi^dch!VcYi]ZXjhidbZg l^aacdiWZegZkZciZY[gdbgZeVig^Vi^c\[jcYh[gdb i]Z@jgY^hiVcGZ\^dcid]ZVYd[ÒXZdjih^YZd[>gVf# >ciZgcVi^dcVal^gZigVch[ZghVgZZ[ÒX^ZciVcYgZa^VWaZ# 8]ZX`hXaZVgbdgZfj^X`ani]Vc^cbdhiYZkZadeZY Xdjcig^Zh!VcYYZW^iXVgYhVgZVkV^aVWaZ[gdbV cjbWZgd[WVc`h^ci]ZGZ\^dc# 8jhidbZghbVnejgX]VhZ]^\]"n^ZaYXZgi^ÒXViZh d[YZedh^ih[gdbWVc`h^ci]Z@jgY^hiVcGZ\^dc# I]Z^ciZgZhigViZheVnVWaZgZaViZidi]Z^ciZgZhigViZh d[[ZgZYid>gVf^WVc`hWni]Z8ZcigVa7Vc`d[>gVf# 6hXZcigVaWVc`h^ci]ZYZkZadeZYldgaYadlZg ^ciZgZhigViZh!VcYi]Z>gVf^Y^cVgVeegZX^ViZhV\V^chi i]ZJ#H#YdaaVg!i]ZWVc`h^ci]Z@jgY^hiVcGZ\^dc d[[ZgVX]VcXZd[h^\c^ÒXVciXVe^iVa\gdli]# Al Fajer Kurdistan insurance and reinsurance broker (AFK) is an international insurance broker, which is part of Anglo Arab Insurance Brokers (AAIB) based in Jordan. As a group, we have been active in the market since 2005, and established our locally registered office in Erbil in 2008. The company provides full insurance services to businesses operating in the Region and, through our group offices, we are able to offer clients a service in the Middle East and the rest of the world. We have a range of products and services for almost all sectors of the insurance market. The Kurdistan Region has immense potential to develop very rapidly and we see our role as working alongside the companies in other sectors that are and will be expanding the Region’s domestic commerce and industrial production. Insurance is a necessary product for most investors because it allows some of their risks to be minimized through the use of appropriately designed products. The development of the financial services sector in the Region will certainly occur. It will be driven by the needs of private sector businesses, foreign and domestic. But equally, it will take off extensively when the Kurdistan Regional Government starts to oblige companies to comply with insurance requirements on projects contracted out to commercial companies. We also anticipate direct stimulation of the insurance sector through legislation and regulation. Together with the banking sector, insurance has played a pivotal role in the development of the world market economies. The number and size of the insurance companies in the most advanced economies is testament to that. Emergent markets, such as the Kurdistan Region, invariably follow suit. At Al Fajer Kurdistan we are constantly looking to innovate and bring new products to the market. One example is our international travel insurance policy, which offers medical and other cover for travel outside of the Kurdistan Region. Such coverage is an essential requirement for many visa-issuing consulates or embassies. The product provides peace of mind and security for travelers in the event of illness or accidents when they are away from home. We are committed to the enhancement of the financial services sector in Kurdistan, and we are actively engaging with public officials to assist where possible in the dynamic reform and reconstruction process that is underway. We anticipate greater understanding of the benefits that insurance products can offer in the general marketplace, and that our sector will be recognized as a valuable and necessary part of the economic progress of the Kurdistan Region. We also expect foreign competitors before long. PROMOTING ECONOMIC GROWTH Aydan Kodaloglu, President and CEO of AK Group International Consulting, describes business prospects in the Kurdistan Region from the perspective of a business consulting group Ijg`^h]>ckZhibZci 6H68DCHJAI6CIVYk^h^c\Xa^ZcihVWdji^ckZhibZci deedgijc^i^Zh!>VbValVnhdci]Zadd`dji[dgcZl eaVXZhl]ZgZVegdb^h^c\^ckZhibZciXa^bViZ^h ZbZg\^c\#>add`[dgl]ZgZhZkZgVai]^c\hXdbZ id\Zi]Zg/VcZlbVg`Zi!ZcZg\nVcYZci]jh^Vhb! deZccZhhidX]Vc\ZVcY^ccdkVi^dc!VcYVWjh^cZhh" [g^ZcYan<dkZgcbZciZV\Zg[dgZXdcdb^X\gdli]# >gVf^c\ZcZgVacdlÒihi]^hYZhXg^ei^dc#7ji i]Z@jgY^hiVcGZ\^dcd[>gVf!l^i]^ihjciVeeZY ediZci^Va!^ihXdch^YZgVWaZgZhdjgXZh!VcY^ih eZVXZ[ja!hZXjgZVcYhiVWaZeda^i^XVah^ijVi^dc!^hi]Z bdhi^ciZgZhi^c\VcYegdb^h^c\gZ\^dcd[>gVf# HVYYVb=jhhZ^cY^Yl]ViZkZg]ZXdjaYidWadX` i]ZGZ\^dcÉhYZkZadebZci!hd^ceVgi!i]ZgZ^h XViX]"jeYZkZadebZciidWZYdcZ#7jii]Z@jgY^hiVc GZ\^dcVahd]Vh[gZh]"hiVgiZgVYkVciV\Zh#6cncZl YZkZadebZci!l]Zi]Zg^ciZaZXdbbjc^XVi^dch! ^c[gVhigjXijgZdgZcZg\n!bVnjhZi]ZaViZhiVkV^aVWaZ iZX]cdad\n#I]Vi^hdcZgZVhdcl]ni]ZgZ]VhWZZc hjX]hig^`^c\YZkZadebZci^ci]ZGZ\^dc!ZheZX^Vaan V[iZg'%%*#>c[gVhigjXijgZ!iZaZXdbbjc^XVi^dchVcY ZcZg\nVgZWddb^c\# Æ6Xjed[Xd[[ZZ^hldgi])%nZVghd[[g^ZcYh]^e#Ç I]^h^hV[VbdjhbVm^b^cIjg`ZnVcY^ih cZ^\]Wdg]ddY#:c_dn^c\bVcnXjehd[Xd[[ZZdkZg i]ZnZVgh!Ijg`ZnVcYi]Z@jgY^hiVcGZ\^dcd[>gVf ]VkZWZZc^ciZgVXi^c\[dgYZXVYZh#6cYWdi]i]Z <dkZgcbZcid[Ijg`ZnVcYi]Z@jgY^hiVcGZ\^dcVa <dkZgcbZciÉh@G<ÉhaZVYZghVgZZV\ZgidZcaVg\Z VcYYZZeZci]ZgZaVi^dch]^eWZilZZci]Zb# I]ZWdgYZgWZilZZcIjg`ZnVcY>gVfZmiZcYh ((%`b#8jggZcian!i]ZgZVgZbdgZi]Vc*%%Ijg`^h] PROMOTING ECONOMIC GROWTH XdbeVc^Zhldg`^c\^ci]Z@jgY^hiVcGZ\^dc# Ijg`ZnÉhigVYZkdajbZl^i]i]Z@G<]VhgZVX]ZY bdgZi]Vc+W^aa^dcYdaaVgh#I]Zd^ae^eZa^cZ[gdb @^g`j`id8Zn]Vc!gjcc^c\h^cXZ&.,,!ZmiZcYhhdbZ &!-,+`b!VcY^hdcZd[i]ZWZhiZmVbeaZhd[^ih`^cY! l^i]VXVeVX^ind[(*b^aa^dcidcheZgnZVg#EgZh^YZci yoVad[Ijg`ZnlVhVe^dcZZg^cVYkVcX^c\igVYZ WZilZZc]^hXdjcignVcYi]Z@jgY^hiVcGZ\^dc#=Z Zck^hV\ZY^cXgZVh^c\i]ZZm^hi^c\e^eZa^cZl^i]V eVgVaaZacVijgVa\Vha^cZ!VcY^cXgZVh^c\i]ZXVeVX^in d[i]Zd^aa^cZ# >ci]ZgVe^Yan\gdl^c\d^ahZXidg!<ZcZa:cZg\n ]VhWZZcVe^dcZZg^c\Ijg`^h]XdbeVcn#>i]VhWZZc VbV_dgXdcig^Wjidgidi]Z\gdli]d[i]Zd^a^cYjhign ^ci]Z@jgY^hiVcGZ\^dc#>ihXVeVWaZ8:D!BZ]bZi HZe^a!hVli]Z\gZViediZci^Vad[i]ZZcZg\nhZXidg ^ci]Z@G<!VcYbdkZYfj^X`anVcYhjXXZhh[jaanid ZhiVWa^h]^ihdeZgVi^c\XdbeVcn!IIDE8D!VhV`Zn eaVnZg#IIDE8D]VhYZkZadeZYi]ZIVfIVfd^aÒZaY! l]^X]]Vhi]ZediZci^VaegdYjXi^dcgViZd['%%!%%% WVggZaheZgYVn#EZid^a!Vcdi]ZglZaa`cdlcIjg`^h] d^aXdgedgVi^dc!]VhWZZchjXXZhh[jaanldg`^c\^c7^cV 7Vl^l^i]^ihJ#H#eVgicZg!h^cXZ'%%(# Ijg`^h]"J#H#_d^cikZcijgZhVgZVc^YZVa[dgb d[XddeZgVi^dci]Vil^aaXdcig^WjiZidi]Z[Vhi YZkZadebZcid[i]Z@jgY^hiVcGZ\^dc#8jaijgVa h^b^aVg^i^ZhWZilZZcIjg`hVcY@jgYh!VcYi]ZZVhn gVeedgii]VihZZbhidZm^hiWZilZZcZVX]d[i]Zb VcYi]Z^g6bZg^XVcXdaaZV\jZh!bV`Z^ibjX]ZVh^Zg [dg6bZg^XVc^ckZhidghidldg`^ci]ZVgZV# I]ZkdajbZd[igVYZVcY^ckZhibZci^h ZmeZXiZYid^cXgZVhZfj^X`an!hejggZYdcWni]Z YZkZadebZcid[i]ZOV`]d;gZZIgVYZOdcZ!dci]Z WdgYZgWZilZZc@jgY^hiVcVcYIjg`Zn!^begdkZY igVchedgigdjiZh!VcY^cXgZVhZYVcY^begdkZY ad\^hi^XhWZilZZcHjaV^bVc^VVcY:gW^ai]gdj\] idIjg`Zn#IgVchedgiVi^dcWZilZZcIjg`ZnVcYi]Z @jgY^hiVcGZ\^dc^hVbV_dgigVYZhZXidg^c^ihdlc g^\]i#I]ZgZVgZ'%%!%%%igjX`hldg`^c\_jhi^ci]Z igVchedgiVi^dcd[d^aVcYd^aYZg^kVi^kZh# >ci]Z+W^aa^dcigVYZWZilZZcIjg`ZnVcY i]Z@jgY^hiVcGZ\^dc!dcZÒcYhk^gijVaanZkZgn h^\c^ÒXVciWjh^cZhhhZXidg!hjX]VhX]Zb^XVah!hiZZa! kZ\ZiVWaZhiZmi^aZh!XZbZci!ZaZXig^XVaegdYjXih! 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HiVW^a^in! EgdheZg^in Kurdistan is on the road to prosperity. 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GdnVa?dgYVc^Vc!6jhig^Vc!VcY:b^gViZh!i]ZW^\cZl V^gedgi[VX^a^indeZc^c\^c:gW^a^c'%%.l^aabV`Z^i ZVh^Zg[dgWjh^cZhhZhiddeZgViZ^c@jgY^hiVc!VhlZaaVh egdbdiZ^iVhVidjg^hbYZhi^cVi^dc# @jgY^hiVc]VhVadiidd[[Zg#:gW^a^hdcZd[i]ZdaYZhi Xdci^cjdjhan^c]VW^iZYX^i^Zh^ci]ZldgaY!VcYWdVhih V]j\ZX^iVYZaYZh^\cViZYWni]ZJc^iZYCVi^dch I]Zk^VW^a^ind[ @jgY^hiVc^hcdadc\Zg^c fjZhi^dc/i]ZV^bbjhi WZidVhhjgZhigdc\! hjhiV^cVWaZ\gdli] :YjXVi^dcVa!HX^Zci^ÒXVcY8jaijgVaDg\Vc^oVi^dcVh VbV_dg]^hidg^XVgX]^iZXijgVah^iZ#NZi!^cdgYZg[dg i]ViVcYbVcndi]ZgheZXiVXjaVgcVijgVadg]^hidg^X ViigVXi^dchi]gdj\]dji@jgY^hiVcidejaa^cidjg^hih! ]diZa[VX^a^i^ZhcZZYidZmeVcY#L^i]bV_dgÒkZ"hiVg ]diZaWgVcYhVgg^k^c\^c@jgY^hiVchddc!bdhicdiVWan @Zbe^ch`^VcYi]ZB^YYaZ:Vhi\gdje!GdiVcV!Wdi]d[ l]^X]VgZXdb^c\id:gW^a!i]Zegdk^cXZÉhhiVW^a^in^h VXi^c\VhVhejgidi]ZYZkZadebZcid[idjg^hb# 6cdi]ZghZXidgWZcZÒi^c\[gdbi]ZGZ\^dcÉh hiVWaZdjiadd`^hZYjXVi^dc!l^i]jc^kZgh^i^ZhVcY VgZijgc^c\Y^VhedgVegdk^Y^c\Vh`^aaZYldg`[dgXZ# Eg^kViZhX]ddahVgZVahddeZc^c\!^cXajY^c\ ^ciZgcVi^dcVadcZh!Vb^Y^cXgZVhZY^ciZgZhi[gdb lZhiZgcZYjXVi^dcVa^chi^iji^dch# >ci]ZhZVcYdi]ZgVgZVh!l^i]6gVWbdcZnejaa^c\ djid[ldgaYWdjghZh!i]Zegdk^cXZXdjaYWZXdbZVc ^ckZhibZcibV\cZi#;dg@jgY^hiVc!XdcÓ^Xi^hVi]^c\ d[i]ZeVhi0VcYi]ZGZ\^dc^hÒgbandci]ZgdVYidV ]^\]ZgaZkZad[egdheZg^inVcYZXdcdb^XYZkZadebZci! YZhe^iZi]ZldgaYXg^h^h#DcZiVh`l^aaWZidbV`Z Veegdeg^ViZY^hi^cXi^dch[dg^ckZhidghWZilZZci]Z aVlhVcYhZXjg^ind[@jgY^hiVcdci]ZdcZ]VcY!VcY i]ZgZhid[>gVfdci]Zdi]Zg#@jgY^hiVcÉheda^i^XVa YZkZadebZci]VhhjXXZZYZY^cVhhjg^c\hiVW^a^in0 VcY^hcdlgZ\VgYZYVh>gVfÉhbV_dghjXXZhhhidgn# I]Zk^VW^a^ind[@jgY^hiVc^hcdadc\Zg^cfjZhi^dc/ i]ZV^bcdlbjhiWZi]ZZcXdjgV\ZbZcid[[jgi]Zg ^ckZhibZciidVhhjgZhigdc\!hjhiV^cVWaZ\gdli]# Bayan Sami Abdul Rahman interviews Bayiz Talabani, Acting Minister for Finance and Economy, about the ministry’s role and aims BAYIZ TALABANI, THE acting minister for finance and economy, was born in 1944 in Kirkuk. He has completed 12 accounting courses in Iraq and outside the country, and worked in the field of finance for four decades, including seven years at the finance ministry. Talabani has been active in the Kurdish movement since his teens. He was injured in the fighting against the Baathist regime in the Kurdish Ailul (September) Revolution of the 1960s and 1970s, and faced imprisonment and exile. Talabani joined the Patriotic Union of Kurdistan in the mid-1970s and remains a key member of the party. What are the challenges facing the finance ministry? There are many challenges facing us as we continue to rebuild Kurdistan and Iraq as a whole. We need to build the physical infrastructure, but also to strengthen the economic infrastructure to enable the private sector to flourish and our society to heal itself through peace and prosperity. The Kurdistan Regional Government (KRG) should receive 17 percent of Iraq’s budget. Does it? One of our challenges is ensuring that the 17 percent allocated to Kurdistan from the federal budget is received by the KRG. Although this figure is part of a political agreement, in practice there are disagreements with Baghdad on the starting point for how the 17 percent is calculated. The Federal Government argues it should be calculated after Iraq-wide spending, such as for defence or for the Hajj pilgrimage, is deducted. Our view is the 17 percent should come out of the overall budget. We are in dialogue with Baghdad on this and we continue to discuss and negotiate – this is the new Iraq. Compared with the days before the liberation, the financial situation in Kurdistan is much better. The budget, the growing economy, and the investment interest from abroad are all things we didn’t have before. You said the finance ministry needs to encourage the private sector to grow. Previously, you’ve also mentioned banking and insurance Yes, we need the private sector not just to work, but to flourish in Kurdistan. The Government can’t provide every job and every salary. As the private sector grows in scope and strength, it can provide sustainable jobs and help the economy to grow. There are many Government and private banks in Kurdistan and other parts of Iraq, but some of them do little more than transfer Government salaries and pensions. Some of the private banks have links with international institutions, but some of these tend to have a small capital base. One of the advantages of the current situation in the banking sector is that Iraq has been largely insulated from the banking crisis around the world. There is interest from international banks, for example, HSBC’s Dares-Salaam Bank has a branch in Erbil and plans to open in Dohuk this year. We look to international investors to see the opportunities in Kurdistan. How are you making Government less bureaucratic and more transparent? One of the successes at the finance ministry is that we have tried to cut bureaucracy and reduce spending. We welcome the increased scrutiny from the Kurdistan Parliament of the KRG’s budget. The KRG’s spending plans are discussed in Parliament, and they are scrutinised again, retrospectively, to ensure the money was spent correctly. These are entirely positive developments. G^VYVa@]djg^^hV9ZVcd[7jh^cZhhHX]dda!7BJAZWVcZhZ;gZcX]Jc^kZgh^in!:gW^a0VcYHZc^dg ;Zaadld[i]ZL^aa^Vb9Vk^h>chi^ijiZ!i]ZJc^kZgh^ind[B^X]^\Vc!6cc6gWdg# RUNNINGHEAD NATURAL RESOURCES GZkZcjZH]Vg^c\ NATURAL RESOURCES From an address by Dr. Ashti Hawrami, KRG Minister for Natural Resources, to a conference on the United Nations Assistance Mission in Iraq with Iraqi parliamentarians, April 2009 >ADD@;DGL6G9idVXdchigjXi^kZY^Vad\jZidhdakZ i]Z[jcYVbZciVaXdchi^iji^dcVa^hhjZd[gZkZcjZ h]Vg^c\^cdjg;ZYZgVi^dcd[>gVf#8dchigjXi^kZ Y^Vad\jZgZfj^gZhi]ZgZXd\c^i^dci]Vii]Z >gVf^eZdeaZ!^cXajY^c\i]ZeZdeaZd[@jgY^hiVc! dkZgl]Zab^c\anZcYdghZYi]Z8dchi^iji^dcVh i]Zjai^bViZaVld[i]ZaVcY#GZkZcjZh]Vg^c\^h V[jcYVbZciVadWa^\Vi^dceaVXZYjedcVaaejWa^X Vji]dg^i^ZhWni]Z8dchi^iji^dcd['%%*# I]Z8dchi^iji^dc^hl]Vi^i^h#LZVgZcdi \d^c\idYZWViZedhh^WaZX]Vc\Zhi]VildjaY lZV`Zc@jgY^hiVcÉhg^\]ih#6cnViiZbeihidbV`Z [jcYVbZciVaX]Vc\Zh_jhil^aacdihjXXZZY^c Vcdi]ZggZ[ZgZcYjb#I]Z@jgY^hiVcEVga^VbZci ]VhbVYZ^ikZgnXaZVgi]VicdegdedhZYX]Vc\Zh LZZmeZXid^agZkZcjZh idWZVhdjgXZd[ egdheZg^in!ZXdcdb^X YZkZadebZci!_jhi^XZ VcY[V^gcZhhid djgGZ\^dc i]VilZV`Zci]Z@jgY^hiVcGZ\^dcÉhXdchi^iji^dcVa g^\]ihl^aaWZVXXZeiVWaZ#8dchi^iji^dcVaan!>gVf^h cdlV[ZYZgVi^dc0i]Z;ZYZgVa<dkZgcbZci^hcdi eZgb^iiZYid`ZZeVaai]Zd^agZkZcjZ!dgidXdci^cjZ l^i]^ihegZk^djhXZcigVa^oZYÒcVcX^VaeaVcc^c\ VcYXdcigdah#>ci]ZeVhi![dgi]Z@jgY^hiVcGZ\^dc! djggZ\^dcVad^a]VhWZZcVXjghZVcYhdjgXZd[ deegZhh^dc0lZ]VkZeV^YV]ZVkneg^XZ[dgÆ]Vk^c\Ç ^i!nZicdi]Vk^c\^i#7ji![gdbcdldclZZmeZXi d^agZkZcjZhidWZVhdjgXZd[egdheZg^in!ZXdcdb^X YZkZadebZci!_jhi^XZVcY[V^gcZhh[dgdjgGZ\^dc!Vh lZaaVh[dgi]ZgZhid[>gVf# LZbjhicdi[dg\Zii]Vi>gVf^hV\Zd\gVe]^XVaan! cVi^dcVaan!Zi]c^XVaanVcYgZa^\^djhanY^kZghZXdjcign# I]Vied^cihidlVgYi]Zad\^Xd[[ZYZgVa^hb#7VY bZbdg^Zhd[XZcigVa^oZYedlZgegVXi^XZhVgZVahd YZZeangddiZY#I]Vi^hl]n[V^gVcYigVcheVgZci gZkZcjZh]Vg^c\^hVcVWhdajiZcZXZhh^inidW^cYjh Vaaid\Zi]Zg#7jiZkZc^[lZlZgZcdihdY^kZghZ!VcY ZkZc^[lZY^Ycdi]VkZdjg\ddY8dchi^iji^dc!lZ h]djaYVaagZVa^oZi]ViXZcigVa^oZYeaVcc^c\]Vh[V^aZY ZkZgnl]ZgZ^ci]ZldgaY#Hdl]nh]djaY>gVfXdci^cjZ eda^X^Zhd[jcldg`VWaZXZcigVa^oVi^dci]Vidcan \ZcZgViZ^cZ[ÒX^ZcXnVcYXdggjei^dcÄVcYeVkZi]Z eVi][dgY^XiVidgh4LZbjhiZmeadgZlVnhVcYbZVch l^i]^ci]Zhe^g^iVcY[gVbZldg`d[i]Z8dchi^iji^dc idÒcYV_jhilVnidh]VgZi]ZlZVai]d[djgXdjcign l^i]djiiV`^c\VlVnZVX]di]ZgÉhg^\]ih# ÆGZkZcjZh]Vg^c\!ÇVhhjX]!XVbZidejWa^X VcY^ciZgcVi^dcVaegdb^cZcXZV[iZgi]Ze]gVhZ Æ]nYgdXVgWdcgZkZcjZh]Vg^c\ÇlVhhZi^c LVh]^c\idc!VhVÆWZcX]bVg`Ç[dgegd\gZhh^c>gVf# GZ\gZiiVWani]ZÆWZcX]bVg`ÇiZgb^cdad\nlVh XdbeaZiZanb^hjcYZghiddYWni]dhZl]dYZa^kZgZY ^iid>gVf!VcYdjg[dXjhlVhh]^[iZYidVc>gVf"l^YZ ]nYgdXVgWdc^ckZhibZciaVl[dgViaZVhi.bdci]h# I]ZXVgi!^cdi]ZgldgYh!lVhejiWZ[dgZi]Z]dghZ# L^i]djieg^dgV\gZZbZcidcVgZkZcjZ"h]Vg^c\aVl! bV`^c\V]nYgdXVgWdc^ckZhibZciaVlWZXdbZh jccZXZhhVg^anXdciZci^djh# >ilVhdcanV[iZgi]ZcZ\Vi^kZZmeZg^ZcXZhi]Vi lZ]VY^cegdYjX^c\i]Z;ZWgjVgn'%%,YgV[i ]nYgdXVgWdcaVli]VilZbVcV\ZYid\ZiWVX`id i]ZgZkZcjZ"h]Vg^c\aVl#7nBVn'%%,!lZ]VYV\ddY YgV[iYdXjbZcidcgZkZcjZh]Vg^c\[dgY^hXjhh^dc! 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We committed to Kurdistan. WesternZagros Resources believes the Kurdistan region of Iraq offers significant long-term potential for oil and gas. Reflecting the wishes of its people, the Kurdistan Regional Government is nurturing a safe and sustainable environment for today’s exploration and tomorrow’s production. 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KNOC currently operates 46 projects in 17 countries including the Kurdistan Region of Iraq. KNOC takes charge of ensuring the nation has a stable oil supply by exploring and developing oilfields, stockpiling petroleum reserves and distributing products. To achieve this KNOC has spent 30 years developing technical skills and experience. In the regions where we operate, we are ‘opening up the future’, both for our company and for economies and people. By taking on challenges, empowering our workforce, developing knowledge and targeting continuous improvement and development, KNOC brings benefits to all. KNOC is now targeting a production goal of 300,000 bopd and a secure reserve size of over 2 billion barrels by the year 2012. For more information, please contact: Korea National Oil Corporations'WANYANGDONG$ONGANGU!NYANGSI'YEONGGIDO3+OREA 4ELs&AXs%MAILYIBONG KNOCCOKR www.knoc.co.kr KNOC in Kurdistan KNOC started its oil and petroleum operations in the Kurdistan Region in 2007. We started our exploitation operations in the Bazian Block, which is located in the southeastern part of the Kurdistan Region. Two additional operating blocks, Qush Tappa and Sangaw South, located near Erbil and Sulaimani, were signed up soon afterwards. Currently KNOC has three operating blocks and two non-operating blocks in this region. +./#"LOCKSIN+URDISTAN Operating Operating status of KNOC blocks "LOCKS Bazian Bazian Block - Carried out remote sensing study and geological field survey - Acquiring 2D seismic data and processing (350 L-km) - Currently the block is under evaluation for upcoming drilling in 2009 Sangaw South Block - Carried out remote sensing study and geological field survey - Preparing 2D Seismic Data Acquisition in April 2009 Qush Tappa Block - Carried out remote sensing study and geological field survey - Preparing 2D Seismic Data Acquisition in May 2009 Challenge, professionalism, respect and contribution are the core values of KNOC. Participating Interest 50.4% !REAKM) 473 Non-Operating Sangaw Qush Sangaw South Tappa North Khabat 60% 354 80% 1,003 20% 492 15% 530 Hawler Area Dimir Zab Dagh 15% 441 15% 199 Hawler 15% 382 NATURAL RESOURCES Bayan Sami Abdul Rahman follows the successful progress of Norwegian oil company DNO in Kurdistan 9CD/V 8VhZHijYn 9CD!I=:CDGL:<>6Cd^aXdbeVcna^hiZYdci]Z DhadHidX`:mX]Vc\Z!h^\cZYi]ZÒghid^aZmeadgVi^dc XdcigVXi^c>gVfV[iZgi]Za^WZgVi^dc!VcYcdl^ibVn WZVbdc\i]ZÒghiidZmedgid^a[gdbi]Z@jgY^hiVc GZ\^dci]gdj\]>gVfÉhe^eZa^cZidIjg`Zn# @jgY^hiVc^hXVeVWaZd[Zmedgi^c\&%%!%%%WVggZah eZgYVnWeYi]^hnZVg!^cXgZVh^c\id&b^aa^dcWeY V[iZgi]gZZnZVgh!VXXdgY^c\id9g#6h]i^=VlgVb^! 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WZXdcXajYZYi]Vii]Z@G<]Vhi]Z[jaaVji]dg^in VcYgZhedch^W^a^inidZmigVXib^cZgVah^ci]Z @jgY^hiVcGZ\^dc#Ç Jordan Luxembourg Lebanon Tunisia Morocco www.leroyal.com A destination for all destinations. Beirut ● Amman ● Hammamet ● Tangier ● Luxembourg Successful business merits great escapes. With five Royal options across three different continents, you can truly reap the benefit of our Royal destinations. Choose from the European refinement of Luxembourg, the excitement of Beirut, the rolling hills of Amman, the charms of Tangier, or the shores of Hammamet. Royal Hotels – unparalleled getaways to successful events. www.leroyal.com INFRASTRUCTURE AND DEVELOPMENT Kamaran Ahmed, Chairman of the Sulaimania International Airport, reports on the airport’s development progress HjaV^bVc^V>ciZgcVi^dcVa6^gedgi LZ]VY cZVgan &%%!%%% eVhhZc\Zgh eVhh i]gdj\] djgV^gedgi ^c'%%+! 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Botan Mahmoud Osman reports 6c>IGZkdaji^dc >C;DGB6I>DCI:8=CDAD<N>I^hVii]Zided[i]Z V\ZcYV[dgi]Z@jgY^hiVcGZ\^dcVa<dkZgcbZci @G<#I]ZhigViZ\^XjhZd[>I^heVgid[djgXdgZ ZXdcdb^XYZkZadebZci^c^i^Vi^kZh#LZVgZgZan^c\ dcZhiVWa^h]ZYWZhiegVXi^XZhVcY^ciZgcVi^dcVa `cdl"]dlVcYZmeZg^ZcXZ!l]^aZXgZVi^c\VadXVa ^chi^iji^dcVaXVeVX^inidZchjgZi]ZhjhiV^cVW^a^ind[ djgZ[[dgih# I]Z@G<ÉhEg^bZB^c^hiZgVcYi]Z8djcX^ad[ B^c^hiZghk^Zl>IVhV`ZnYg^kZg[dgdjgYZkZadebZci VcYegd\gZhh#I]Zbjai^eaZVeea^XVi^dchd[>Il^aaWZ Xg^i^XVaZcVWaZgh[dgdjgÆ\ddY\dkZgcVcXZÇ\dVah! 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Wjh^cZhhXdchjai^c\!>IhZgk^XZhVcYigV^c^c\#LZ VgZZhhZci^VaanWj^aY^c\djg>I^c[gVhigjXijgZ[gdb i]Z\gdjcYje!^ceVgicZgh]^el^i]i]ZWZhiadXVa VcY\adWVaXdbeVc^Zh#I]ZbVg`Zi^hhZidcVeVi] d[higdc\VcYhiZVYn\gdli]#>I^h!i]ZgZ[dgZ!Wdi] VWjh^cZhhZcVWaZgVcYVÒZaYd[deedgijc^in^ci]Z @jgY^hiVcGZ\^dc# ;dgbdgZ^c[dgbVi^dc!eaZVhZXdciVXiYd^i5`g\#dg\ 7diVcBV]bdjYDhbVclVhVeed^ciZY=ZVYd[i]Z@G< 9ZeVgibZcid[>c[dgbVi^dcIZX]cdad\n^cZVgan'%%,# DhbVc]daYhVcB76!V7H8^chd[ilVgZZc\^cZZg^c\[gdb BVcX]ZhiZgJc^kZgh^in!VcY]VhdXXje^ZYVcjbWZgd[ bVcV\ZbZciedh^i^dch^c>IVcYÒcVcX^VaXdbeVc^Zh^c i]ZJc^iZY@^c\Ydb# INFRASTRUCTURE AND DEVELOPMENT With a young population and developing infrastructure, there is strong demand for new internet and mobile technology, says Hiwa Afandi, KRG Webmaster >ciZgcZi VcYBdW^aZ Egdk^h^dc ;DG9:869:H!I=:aVX`d[egdeZgl^gZY^c[dgbVi^dc VcYXdbbjc^XVi^dciZX]cdad\n>8I^c[gVhigjXijgZ ]^cYZgZYi]ZZXdcdb^X\gdli]d[YZkZade^c\ Xdjcig^Zh!^cXajY^c\i]Z@jgY^hiVcGZ\^dc# :hiVWa^h]^c\hjX]^c[gVhigjXijgZ^hZmeZch^kZVcY i^bZXdchjb^c\0hd[dgbdhiXdjcig^Zh^ilVhVajmjgn i]ZnXdjaYcdiV[[dgY#6hVgZhjai!i]ZbV_dg^ind[i]Z edejaVi^dc]VYcdegdeZgVXXZhhid>8IhZgk^XZh# GVe^YVYkVcXZh^cl^gZaZhhiZX]cdad\^Zh!]dlZkZg! ]VkZhd[iZcZYi]^hdWhiVXaZ\gZVian#CdlVYVnh!lZ XVcfj^X`anegdk^YZ[dgV[[dgYVWaZl^gZaZhh>8I ^c[gVhigjXijgZ!l]^X]!^cijgc!ZcVWaZhcZlWjh^cZhh deedgijc^i^Zh!VcYbV`ZhV]j\ZXjhidbZg WVhZVXXZhh^WaZ# L^gZaZhh^c[gVhigjXijgZ^hVegZgZfj^h^iZ[dgi]Z bdW^aZWjh^cZhh!WZXVjhZVbdW^aZYZk^XZ^hValVnh Vl^gZaZhhdcZ!i]dj\]^i^h^bedgiVciidXdch^YZg l^gZYVcYl^gZaZhhiZX]cdad\^ZhVhXdbeaZbZciVgn! VcYcdicZXZhhVg^anXdbeZi^i^kZ# >cidYVnÉhijgWjaZciZ"Wjh^cZhhZck^gdcbZci!^iÉh ^bedhh^WaZ!dgViaZVhikZgn^cZ[ÒX^Zci!id]VkZV a^cZVggZaVi^dch]^el^i]i]ZXjhidbZg!^#Z#idegdk^YZ VidiVahdaji^dci]gdj\]Vh^c\aZXdbeVcn#6ÆkVajZ lZW!ÇVh^i^h`cdlc!^hVXdbeaZmZck^gdcbZci l^i]^cl]^X]Y^[[ZgZciXdbeVc^ZheaVni]Z^ggdaZ^c XgZVi^c\Y^hi^cXi^kZkVajZh#I]ZhZkVajZhid\Zi]Zg Xdchi^ijiZhdaji^dch[dgXjhidbZgh# I]ZkVajZlZW^ci]Z@jgY^hiVcGZ\^dcbVn ^cXajYZi]Z[daadl^c\eg^cX^eVacZildg`egdk^YZgh/ 6h^V8ZaaVcY@dgZ`IZaZXdb#I]ZhZildXdbeVc^Zh VgZi]ZadXVa\^Vcihd[<HBhZgk^XZhVcYVgZVahd gZ\^hiZgZYVh>gVf"l^YZ[ZYZgVaegdk^YZgh#L^i]bdgZ i]Vc'b^aa^dchjWhXg^WZgh^c@jgY^hiVcVadcZ!i]Zn VgZlZaaZhiVWa^h]ZY!VcYXdkZgV[V^ganl^YZVgZV# BdW^iZa^hi]Z(<deZgVidg^ci]ZGZ\^dc#I]ZbV^c XdkZgV\Zd[^ihcZildg`h^h^c:gW^aVcY9d]j` egdk^cXZh#BdW^iZad[[Zghi]Zine^XVa(<cZildg` hZgk^XZh!hjX]Vhk^YZdXVaah!BBHVcYl^gZaZhh ^ciZgcZiVXXZhh# Delegates walk among the stands at the 4th International Erbil Trade Fair in Erbil >ci]Z @jgY^hiVc GZ\^dc ^i^h XjggZcian ZVhnid WZlZaa edh^i^dcZY ^ci]Z kVajZlZW I Vg^cCZi^hi]ZbV^cL^";^cZildg`deZgVidg! l^i]cZildg`hdeZgVi^c\^c:gW^aVcY9j]d`!VcY ^i^hi]ZbV^cegdk^YZgd[^ciZgcZiVXXZhh[dgi]Z <dkZgcbZci#8ZaaCZiVcY7gddh`deZgViZVhL^";^ deZgVidgh^cHjaV^bVc^V# 6g^VCZi^hVcdi]Zg^ciZgcZihZgk^XZegdk^YZg!jh^c\ :K"9DiZX]cdad\n!VcYdeZgViZheg^bVg^an^c:gW^a# I]ZhZXdbeVc^ZhgZandci]Z^gdlccZildg`hl^i]^c i]Z@jgY^hiVcGZ\^dc!ZmXZei[dg^ciZgcZiWVX`WdcZ XdccZXi^k^in!l]^X]]Vhid\di]gdj\]hViZaa^iZ \ViZlVnegdk^YZgh#I]^h[VXiXgZViZhVWdiiaZcZX`[dg Vaad[i]Zbl]Zc^iXdbZhidWVcYl^Yi]!heZZYVcY gZa^VW^a^in!WZXVjhZd[i]ZZm^hi^c\a^b^iVi^dchd[ hViZaa^iZ\ViZlVnh# L]ViVgZ`cdlcVhejWa^Xhl^iX]ZYiZaZe]dcZ cZildg`hEHICVgZeg^kVi^oZY^ci]Z@jgY^hiVc GZ\^dc#CZlgdoIZaZXdbZdeZgViZh^c:gW^aVcY 9d]j`egdk^cXZh!l]^aZ@jgYiZa^hi]ZEHIC deZgVidg^cHjaV^bVc^V#6ii]Zi^bZd[lg^i^c\! CZlgdoIZaZXdbZ^h^ci]ZegdXZhhd[ZhiVWa^h]^c\ VÒWZg"dei^XWVX`]Vjaa^c`idi]Z^ciZgcZii]gdj\] Ijg`Zn!l]^X]^hi]ZÒghih^\c^ÒXVcihiZe^ci]Z @jgY^hiVcGZ\^dcidegdk^YZgZa^VWaZl^YZVgZV cZildg`L6ChZgk^XZh# BV_dgdeedgijc^i^ZhZm^hi[dg^ckZhidgh^ci]ZhZ hZXidgh#>ciZgcZi\ViZlVnhZgk^XZhVgZVbdc\i]Z bdhidWk^djh#Jh^c\hViZaa^iZ\ViZlVnhidWVX`]Vja i]ZigV[ÒXidi]Z^ciZgcZiXdchi^ijiZhi]Zldghi WdiiaZcZX`#6cnXdbeVcnl^i]VcVaiZgcVi^kZ hdaji^dcl^aa^bbZY^ViZanWZVk^iVaeaVnZg^c @jgY^hiVcÉhkVajZlZW!VcYd[h^\c^ÒXVci^bedgiVcXZ ^cegdk^Y^c\L6ChZgk^XZhiddi]ZgXdbeVc^Zh!hjX] VhZcY"jhZg^ciZgcZiegdk^YZgh# >ci]Z@jgY^hiVcGZ\^dc^i^hXjggZcianZVhnid WZlZaaedh^i^dcZY^ci]ZkVajZlZW!i]Vc`hidi]Z aVX`d[]VgYXdbeZi^i^dc#7jii]^hh^ijVi^dcl^aacdi ZcYjgZ#:meZg^ZcXZi]gdj\]djii]ZldgaYhj\\Zhih i]ViÒghibdkZghVgZjhjVaancdiVWaZidbV^ciV^cV hjhiV^cVWaZVYkVciV\Z# INFRASTRUCTURE AND DEVELOPMENT TELECOMS Abdullah Mutawi of UK-based law firm Trowers & Hamlins explains to Bayan Sami Abdul Rahman, KRG High Representative to the U.K., how his company advised the Asiacell consortium on its successful bid The Kurdistan Region’s two mobile phone operators, Korek Telecom and Asiacell, were established in 1999 and 2001 by entrepreneurs who dared to offer their fellow Kurds access to technology that was banned under Saddam Hussein. The offering was simple at the beginning, with Korek and Asiacell lacking roaming agreements and their technology only working in their respective coverage areas. By 2007, both companies had expanded their offering and made international associations that would enable them to win two out of the three licenses for all of Iraq. Please tell us about yourself and Trowers & Hamlins. Trowers & Hamlins is a City of London law firm with its international practice focused exclusively on the Middle East. We have more than 100 lawyers across a network of offices in the Region. I am a corporate partner based in Bahrain and I head the firm’s telecommunications, media and technology practice. I spend a lot of time on the road as my clients are based in various locations across the Middle East, Europe, North America and Asia. How did you get involved in Asiacell’s bid for the Iraqi mobile phone license auction in 2007? In 2007, I had been advising Qatar Telecom (Qtel) on a lot of its license acquisition and M&A work in the Middle East and elsewhere. We advised Qtel on its partnership with Asiacell in the lead-up to bidding for the Iraqi mobile phone license. Once the partnership was established, we began advising the consortium on its bid and advised it through the bid and auction process until it was awarded the license. What were the main challenges you faced? We did not face any particular challenges that we have not faced anywhere else when trying to put together a consortium of bidders for a telecoms license. The fact that the key consortium member – Asiacell – was physically based in Iraq did present one or two logistical challenges from time to time, but otherwise it was similar to many other deals we have worked on. @jgY^hiVcÉhedejaVi^dc^hndjc\VcY\gdl^c\! l^i](+eZgXZciV\ZYjcYZg&)!VcYdcan)eZgXZci V\ZYdkZg+(#I]Z@jgY^hiVcGZ\^dcVa<dkZgcbZciÉh ejWa^XVi^dchhj\\Zhii]VibdgZi]Vc*%eZgXZcid[ i]ZedejaVi^dc^hjcYZg'%nZVghdaY#I]ZnVgZWZ^c\ bjX]WZiiZgZYjXViZYi]Vci]Z^gegZYZXZhhdgh!hdi]^h YZbd\gVe]^Xe^XijgZ\jVgVciZZhV\gdl^c\bdW^aZ VcY^ciZgcZihZgk^XZhbVg`Zi# I]Z@jgY^hiVcGZ\^dc^h[Vbdjh[dg^ihbdjciV^cdjh aVcYhXVeZ!l]^X]XgZViZhVhZg^djhX]VaaZc\Zidegdk^YZ cZiVXXZhhidi]ZbdgZhXViiZgZYgjgVaedejaVi^dchd[ i]Z]^\]Zgg^Y\Zh#CZliZX]cdad\^ZhhjX]VhL^B6M How did this compare with your work in other countries? We frequently assist clients in assembling bidding consortia for telecom licenses and the consortium members are frequently based in different countries. One of the key advantages that we enjoyed was that Asiacell was already operating in Iraq and was, therefore, familiar with the commercial, legal and regulatory environment. Why was winning this bid significant? Before the auction, Asiacell was already a very successful mobile operator in the Kurdistan Region. The three licenses auctioned and awarded in 2007 were nationwide licenses, and so from Asiacell’s perspective it meant being able to expand its geographical coverage from Kurdistan to the whole of Iraq, thereby providing a much larger group of customers to win. It also effectively introduced competition to the Iraqi telecoms market, signalling the beginning of a new period in which operators were compelled to focus much more closely on the customers’ needs. What other work have you done in the Kurdistan Region or elsewhere in Iraq? We have advised many clients on corporate and commercial matters in Iraq, including the Kurdistan Region, in sectors ranging from energy to industry and construction. We have good connections with local lawyers on the ground who are able to advise on the local laws and on dealing with local authorities. How do you see the future of telecoms in the Kurdistan Region and Iraq as a whole? The Kurdistan Region and Iraq as a whole will continue to develop a modern telecommunications infrastructure and will witness strong growth in years to come. More and more people in Iraq are using telecommunications services and they now have a range of service providers to choose from. I have no doubt that these telecom operators will continue to invest in the country’s telecoms infrastructure as such investment is necessary to be able to provide new and improved services at increasingly competitive prices. For the telecom companies, this will be critical to retaining existing customers and winning new ones and, since there are so many potential customers to be won, this investment is inevitable. Additionally, fast and reliable internet access will be a key component of social and economic development in Iraq. As wireless technologies through which such services can be provided develop and proliferate, it is likely that Iraq will also witness a boom in fixed-line services, as well. VgZ^cXgZVh^c\anbV`^c\i]^hiVh`ZVh^Zg!Wjii]ZaVX` d[l^gZYXdccZXi^dchWZilZZc@jgY^hiVcVcYbV_dg ^ciZgcZiWVX`WdcZhgZbV^chVegdWaZb# Jci^acdl!i]Z@jgY^hiVcGZ\^dc]VhWZZcV XVh]ZXdcdbn#I]ZeVnbZci[dgbdW^aZhZgk^XZh^h eg^bVg^anWVhZYdcegZ"eV^YXVgYh#7jii]Vi^hcd dWhiVXaZid\gdli]^ci]^hhZXidg#6XXdgY^c\idVc >:::MeadgZejWa^XVi^dc!9g^kZghd[Z"Wjh^cZhhVXi^k^in^c YZkZadeZYVcYZbZg\^c\bVg`Zih/ÆCdhjeedgilVh[djcY [dgVa^c`V\ZWZilZZcZ"Wjh^cZhhVcY^chi^iji^dcVa [VXidgh^#Z#!Xdjcigng^h`!ZXdcdb^X[gZZYdb!VcY igVcheVgZcXn!dgeVnbZci^c[gVhigjXijgZ#Ç K O R E K T E L E C O M Korek Telecom '0&/#"'*'1#",*-+6/#%'01#/#"'+/.1,,-#/1# +"-/,3'"#0#/3'!#0'+2/"'01++"/.+,3#* #/,/#( #)#!,*404/"#"+#5!)20'3#)'!#+0#$,/$'3#6#/01,,-#/1#'+1&# 2/"'01+/#%',+&'040$,)),4#"'+ 6+,+#5!)20'3#)'!#+0#1, ,-#/1#'+1/"'01+/#%',+$,/1#+$2/1&#/6#/0&/,2%&,211&'0-#/'," ,/#(#)#!,*&0 ##+,$$#/'+%"3+!#"3,'!#+""1*, ')# 1#)#!,*m2+'!1',+0#/3'!#0'+1,+,*,202/"'01+/#%',+,$/. ,/#(#)#!,*+,40#/3#002 0!/' #/ 0#,$*,/#1&+*'))',+ !201,*#/0+"'10+#14,/(0-+01&/##2/"'0&-/,3'+!#04'1& -,-2)1',+,$*'))',++"+#14,/($,,1-/'+1,$ (* +2%201,/#(#)#!,*-2/!&0#",+#,$1&/##)'!#+0#0 1,,-#/1#+"-/,3'"#0#/3'!#0'+1&#/.'1#//'1,/'#0$,/ 1&#+#516#/0+'+3#01*#+1,$ '))',+,/#(#)#!,* '0-/,2"1,++,2+!#'10-)+0+"* '1',+01,,$$#/"3+!#" 1#)#!,**2+'!1',+0#/3'!#01,*'))',+/.'0+" #6,+" For enquiries: info@korektel.com or visit www.korektel.com www.korektel.com INFRASTRUCTURE AND DEVELOPMENT 8dchigjXi^dc Imad Ahmad Sayfour, Minister for Housing and Reconstruction, talks to Vian Rahman and Alexander Hardie Forsyth L]Vi^hi]ZdkZgVaae^XijgZ^c]djh^c\VcY XdchigjXi^dc^ci]Z@jgY^hiVcGZ\^dc4 8dchigjXi^dc^ci]Z@jgY^hiVcGZ\^dc^hi]ZW^\hidgn d[i]ZbdbZci#DcZdcan]VhidiV`ZVh]dgihigdaa VgdjcY:gW^aidhZZi]ZWddb^cVXi^dc#6aaVXgdhhi]Z X^inndjl^aaÒcYXgVcZh!hXV[[daY^c\!cZlWj^aY^c\ h^iZh!i]ZgZYZkZadebZcid[gdVYh!VcYcZl^chi^iji^dch WZ^c\deZcZYidi]ZejWa^X#I]^h^hcdibZgZan heZXjaVi^dcdgVi]ZdgZi^XVaedhh^W^a^in#8dchigjXi^dc ^hi]Z[VhiZhi\gdl^c\hZXidgd[i]Z@jgY^hiVcGZ\^dcÉh ZXdcdbn#Eg^kViZXdbeVc^Zh!l]dVgZWZ\^cc^c\id gZVa^oZi]Z[jaaediZci^Vad[l]VilZVgZVWaZidd[[Zg! 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Abdullah outlines the opportunities for the “re-greening” of Kurdistan HjhiV^cVWaZ 9ZkZadebZci ^c@jgY^hiVc L^i] djgg^X] eVhijgZ" aVcYh!djg XVeVX^in[dg a^kZhidX` XVcig^eaZ idhjeedgi &*b^aa^dc Vc^bVah! VcYbdgZ @JG9>HI6C8DBEG>H:HL=6IlVhdcXZ`cdlcVh ÆJeeZgBZhdediVb^V!Çl]ZgZi]Zg^kZgWVh^chd[ i]ZI^\g^hVcYi]Z:je]gViZh]VkZi]Z^gdg^\^ch# =ZgZ!i]ZÆ<ji^!Çi]ZVcXZhidghd[idYVnÉh@jgYh! 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VcYbdgZ!^[lZVj\bZcicVijgVal^i]Vgi^ÒX^Va [ZZY^c\#=^\]"fjVa^iniVhiZX]VgVXiZg^oZh@jgY^hiVcÉh V\g^XjaijgVaegdYjXih!Wdi]]^\]"ZcYXVh]XgdehVcY \gVhh"[ZYgZYbZVi# 6eVgi[gdbdjghjg[VXZlViZgh!djggV^c[Vaa!l^i] VcVccjVagVc\Z[gdb(*%bbid&!&%%bb&)id)( ^cX]Zh^hZcdj\]idlViZg-*eZgXZcid[Xjai^kViZY aVcYh#I]^hgV^c[Vaa!id\Zi]Zgl^i]g^X]VcYh]Vaadl" id"YZZeX]Zhicjihd^ah^cdjgkVaaZnh!VcYWgdlchd^ah dcdjg[ddi]^aah!bV`Z^i]^\]aneaVjh^WaZi]Vidg\Vc^X XjaijgZXVcWZZmead^iZYdcVaVg\ZhXVaZ# LZXVcXZgiV^caneVkZi]ZlVn[dgXdhi"Z[[ZXi^kZ V\gd"^cYjhig^ZhÄZkZc^[V^gigVchedgi^hjhZY# 7Zh^YZ\gdl^c\[gj^ih!hjX]VhVeg^Xdih!eZVX]Zh! edbZ\gVcViZh!eZVgh!VcYVeeaZh!@jgY^hiVc^hV ediZci^Vak^cZnVgYÄ-%kVg^Zi^Zhd[\gVeZhZm^hi]ZgZ! VcYbVijgZWZilZZc?jcZVcY9ZXZbWZg# IdbVidZhVgZjc^fjZ^ciVhiZVcYfjVa^in!Wdi][dg YdbZhi^XjhZVcY[dg^cYjhign#;^ghi"XaVhh]dcZn^h egdYjXZY[gdbl^aYÓdlZgh!l]^aZi]ZbdjciV^ch VgZVWjcYVcil^i]bZY^X^cVa]ZgWh#D[djg(#'* b^aa^dc]ZXiVgZh-#%(b^aa^dcVXgZhd[VgVWaZaVcYh! @jgY^hiVcZc_dnhhZkZc\gZVieaV^chd[ÆYjh]iÇ ÓVi![Zgi^aZVcYVXXZhh^WaZaVcY[dgaVg\Z"hXVaZ bZX]Vc^oZY[Vgb^c\# >cVYY^i^dcidWVgaZnVcYg^XZ!i]Z]VgYl]ZVi egdYjXZYXVcWZZmedgiZY[dgeVhiVVcY>iVa^Vc"hinaZ [ddYh#I]ZhZ!id\Zi]Zgl^i]d^a"hZZYXgdeh!fjVa^in idWVXXd!Ygncjih!aZ\jbZh!VcYigj[ÓZh!\jVgVciZZ egdheZXi^kZV\gd"^cYjhig^Va^ckZhidghbjai^eaZ deedgijc^i^ZhidÓdjg^h]^c@jgY^hiVc#>ckZhidgh VgZZcXdjgV\ZYidbV`Zi]ZWZhijhZd[djgÓZm^WaZ ^ckZhibZciaVl!VcYl^aaWZbdhilZaXdbZ^cdcZd[ i]ZaVhi\VgYZchd[i]ZB^YYaZ:Vhi# 9g#6clVg6#6WYjaaV]^hVHZc^dg6Yk^hdgidi]Z@jgY^hiVc GZ\^dcVa<dkZgcbZci# infrastructure and development Vian Rahman interviews Stewart Vickers, Technical Director of Scott Wilson, about the Erbil International Airport construction No Longer Just Up in the Air: The Capital’s New Airport With one of the largest runways in the world, Erbil International Airport is one of the most ambitious and forward-looking projects in the Kurdistan Region. For the land-locked Region, the airport is vital for increasing investment, trade and tourism. The new airport is scheduled to open in 2009 and to replace the existing smaller one in Erbil, Kurdistan’s capital. Stewart Vickers is the Technical Director for Scott Wilson, the U.K.-based international consultancy that designed the airport for the Kurdistan Regional Government (KRG) and the contractor, a joint venture between Makyol and Cengiz. He has been working in Erbil since the project started in the spring of 2004. Vian Rahman interviewed him about the new airport and his experience of working in the Kurdistan Region. Why did the KRG decide that Erbil needed a new airport? British companies have been involved with international infrastructure projects for many years now and Scott Wilson used to have a large permanent office in Iraq. When the political situation deteriorated, a reluctant decision was taken to move staff to other regional projects, although it was always expected that things would return to the way that they were, as and when the political situation returned to normality. In Spring 2004, Scott Wilson was invited to carry out a concept design for a new airport in Erbil. Various meetings took place to establish the parameters of such a far-sighted development which, when operational, would open Kurdistan to much-needed 124 investment. This then led on to a preliminary design and then a fully detailed design, which was finalized in the summer of 2005, so enabling construction work to commence. How much has been invested in the project? A great deal of time and effort has been invested in the project. From a logistical point of view, much of the construction materials and systems have had to be imported from around the world, but in particular, Turkey. From a financial point of view the cost of construction when the airport opens will be in excess of $400 million. What was the design brief? The aviation sector in Kurdistan back in 2004 was, to say the least, very limited and though the KRG knew what it wanted in terms of facilities, the initial task was to explain what this meant in reality and to look at the types of options available. The brief included: state-of-the-art design; international and domestic travel; suitability to handle a range of aircraft up to and including Boeing 747 and the latest long-range wide-bodied aircraft; and a facility of which the Kurdish people could be rightly proud. Since the construction works commenced almost four years ago, there have inevitably been some additions and changes, including increasing the size of the main terminal and the range of aircraft that can be handled, but the overriding principles have remained exactly the same. infrastructure and development One interesting feature of the new airport is the iconic flame tower that has been located at the main entrance to the site, and is readily visible from many parts of the city. The aim is to reflect Kurdistan’s vision of the future and the rebirth of a nation. What is the concept behind the airport’s design? It was to produce a modern, state-of-the-art facility that will soon become the regional airport of choice for passenger and freight services in and out of the Kurdistan Region, and indeed the wider Region. It also needed to incorporate suitable features to enable local people to be trained to operate and maintain the facilities in the years ahead. It needed to be large enough to cope with the anticipated traffic, and at the same time, be readily expandable as demand grew. It also needed to be planned so there is scope to construct longer-term developments, such as hotels and international conference facilities. The airport construction is now substantially complete, and based on the reactions of KRG officials, the overall objectives have been achieved in full. Scott Wilson was always mindful that over the next years, millions of visitors will gain their first impression of the Kurdistan Region by arriving at the new airport, so the welcoming design was always an important factor of the project. What about the gates, runway capacity and airport facilities? The new airport has been designed to incorporate all of the features that both domestic and international travellers would expect. There are the normal retail areas, food halls and duty free facilities, and many lounges to accommodate both standard and commercially important passengers (CIPs). Six airbridges have been installed for easy access to and from the aircraft, and in total the airport can accommodate 12 aircraft at any one time. Freight services will be a very important aspect of the airport operation, and both covered and open facilities have been constructed. These facilities included temperature-controlled and bonded warehousing areas, allowing the vast majority of goods to use Erbil International Airport. A total of five largecapacity cargo aircraft can be accommodated at any one time. A separate VIP building has also been constructed for senior Government officials, core diplomatic personnel and VVIPs. The concrete runway, at 4,800m long by 75m wide, has been designed to accommodate the largest aircraft in the world, with more than sufficient room for expansion in the years ahead. Many countries would wish to have such technically advanced facilities and a long-range capacity runway. Apart from the design, in what other areas of the project is Scott Wilson involved? Airports by their very nature are extremely complex facilities and we have also provided full support and site liaison services from both U.K. and Kurdistan Regionbased personnel. Over the past few months, Scott Wilson has been working closely with the KRG to get the airport licensed to very demanding world-class standards, and ready for operation. These types of facilities need to satisfy both national and international regulations. This role is ongoing and it is likely that this support will continue to enable local Kurdish personnel to ultimately take over full control. What about the other companies and partners in the project? Two Turkish companies based in Istanbul, Makyol and Cengiz, have undertaken the construction of the airport. This joint venture has achieved a great deal in extremely difficult working conditions and the quality of the finished product should be applauded. What have been the biggest challenges and the most satisfying elements of the project? The temperature in the Kurdistan Region can reach as high as 50ºC (120ºF) in the summer, and this has meant challenging working conditions on many of the outdoor tasks. There are very few manufacturing facilities in Kurdistan and as a result, the vast majority of materials 125 infrastructure and development and equipment have had to be imported, in particular from Turkey. Every kilogramme of cement and steel, for example, has had to be brought in by road with each vehicle working on a seven-day turn-round basis. From a logistical point of view this has been a major achievement and all concerned should be congratulated on a job well done. All construction numbers have been very big; for example, in excess of 12 million cubic meters of excavation has been necessary to construct the new airport. Now that the new airport is near to commissioning, we are starting to receive comments from aviation experts that this new facility is able to be favorably compared with many world-class airports. This is an achievement of which everyone involved can be very proud. When the existing airport was commissioned back in 2005, access to the country became so much easier, and it is now wonderful to see a mix of people traveling to Erbil. These include local and overseas business people, as well as families with children who, in many cases, wanted to meet with families and friends after a gap of many years. I have traveled to Erbil more than 25 times now in the last five years. Erbil is very welcoming, the locals are very friendly and keen to support the increasing numbers of international companies in Kurdistan and, of course, to improve their English language skills. Most goods are significantly cheaper than the U.K., and the food is wonderful; it is clear that the Kurdistan Region can and will become an attractive place, both to visit and to do business. How easy or difficult is it for foreign companies to work in the Kurdistan Region? What are the challenges? Most people associate the Kurdistan Region with Iraq, and the mistaken perception is that the Region as a whole is a less than desirable place to work and travel to. All Scott Wilson employees without exception have enjoyed their time in Kurdistan; they take the view that the project is very technically challenging, yet rewarding. There are many countries where security is an important factor in business, but the important thing is to make sure that adequate precautions are taken to minimize or even eliminate the risks. Five years ago, conditions could have been described as difficult, but increasingly and with the opening of new roads and airports, travel has become much easier and Kurdistan has become a very attractive place to work. Regular visitors can see for themselves that there are many business opportunities in a wide range of fields. The city of Erbil is bustling with tower cranes and new construction, and it is great to see everyone busily going about their daily business. Scott Wilson has always employed local people who have worked very well as part of a successful team. To my mind, this is the formula for success and it also gives something back to the local community. What about daily life when you’re in Kurdistan? What do you do in your spare time there? What is life like for expatriates? As an international businessman, unfortunately there is very little spare time. The pleasure of travelling to any new country is to see different cultures and meet new people. The highlight of any trip to Erbil is a trip to the “souk” or market where the variety of goods on offer is mind-boggling. I suspect it is possible to buy almost anything if you know where to look. I have many colleagues who travel to and work in Erbil and life can be very good, particularly in the summer, when the sun always shines. What plans have been made for the staffing of the airport? The airport, when opened, will be one of the larger employers in the Region, and a 24/7 operation. It is important that as many local people as possible are recruited and trained to fill what could be as many as 800 long-term jobs. Many staff will be transferred from the existing airport, which will soon close, and the recruitment process for the additional staff has already begun. Though there are clearly going to be some specialist roles, many of the new positions will be available to local people who have the basis skills to work in what is a global and growing industry. You have been visiting the Kurdistan Region since June 2004. What are your impressions of working and living there? Back in 2004 the only viable way to get to Erbil was by road from southern Turkey, and it goes without saying that this was not the most satisfactory or comfortable way to travel. 126 What advice would you give to foreign companies wanting to do business in Kurdistan? My advice is simply not to spend too much time thinking about it; just come on an inexpensive visit to Erbil to see for yourself what is happening, and the sorts of opportunities that exist. For foreign companies coming for the first time, a local partner can make life so much easier. Many things are done differently, and a local partnership with local people can keep the learning curve to the absolute minimum. There are a number of local organizations, such as the local Chambers of Commerce who, from my own experience, are keen to be associated with foreign companies. Kurdistan for me is a great place to live, work and invest in. Therefore I have no hesitation in traveling here on business. The people are friendly and the opportunities for business are excellent, provided that it is undertaken in a considered and controlled manner As Technical Director of a U.K.-based plc, I find the support from the KRG, both in Erbil and London, to be excellent, and they are very supportive of any initiatives that can bring prosperity to the Region. Scott Wilson Group plc is a multi-disciplinary international design and engineering consultancy for the built and natural environments. With more than 6,000 members of staff, the Group offers integrated professional services in the transportation, property, environment and natural resources sectors. The Group, from its U.K. headquarters, currently controls a worldwide network of 80 offices, of which 40 are in the U.K. The main international centers are located in Australia, Canada, China, Eastern Europe, Hong Kong, India, the Middle East and South East Asia. INFRASTRUCTURE AND DEVELOPMENT 8dbbZgX^Va EgdeZgin Vian Rahman describes the commercialization of greater Erbil 6II=:8:CI:Gd[:gW^a!i]ZXVe^iVad[i]Z@jgY^hiVc GZ\^dc!^hi]ZVcX^ZciX^iVYZa![gdbl]^X]i]ZX^in [Vchdji^cVX^gXaZi]Vi]VhZmeVcYZYgVe^Yan^ci]Z eVhi[ZlnZVgh#CZVgi]ZX^iVYZa^hi]ZcZlanWj^ai C^h]i^bVcbVaaVcYWVoVVgi]Vi!jedcXdbeaZi^dc! l^aaZkZcijVaangZeaVXZi]ZdaYWVoVVg# I]Zh^iZd[i]ZdaYWVoVVgl^aaWZXdbZVcdeZc\gZZc heVXZVii]Z[ddid[i]ZX^iVYZa#I]ZYZX^h^dcidWj^aY VcZlh]dee^c\XZciZgl^i]VÆWVoVVg[ZZaÇcZVgi]Z X^iVYZa^hVXaZVghiViZbZcid[^ciZci#L]^aZhiZZeZY ^ci]Z^gXjaijgZVcYigVY^i^dch!i]ZeZdeaZd[i]Z @jgY^hiVcGZ\^dc[jaanZc_dni]Z'&hi"XZcijgnXdchjbZg ZmeZg^ZcXZ!Vaai]ZbdgZhd[dgWZ^c\aViZXdbZgh# 6bZc^i^Zhi]Vi]VkZadc\WZZceVgid[i]ZjgWVc aVcYhXVeZ^cbVcnXdjcig^ZhVgZhi^aaVcdkZain]ZgZ! VcY]VkZWZZcYZkZadeZY^cZVgcZhih^cXZi]Za^WZgVi^dc ^c'%%(#>ckZhidghVgZWj^aY^c\h]dee^c\bVaah! hjeZgbVg`Zih!]diZah!]da^YVnk^aaVh!Xdc[ZgZcXZXZciZgh! 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'`b[gdb:gW^a!Xdbeg^h^c\d[ÒXZh!gZiV^adjiaZih! V]neZgbVg`Zi!VcYaZ^hjgZ[VX^a^i^Zh#@G:98D! V_d^cikZcijgZWZilZZcadXVaÒgbhVcY@jlV^i^ CVi^dcVaGZVa:hiViZ8dbeVcn!^heaVcc^c\Vh^b^aVg XdbbZgX^VaXdbeaZmcZVgi]ZV^gedgi# I]ZhZVgZ_jhiVcjbWZgd[i]ZYZkZadebZcihi]Vi VgZX]Vc\^c\i]Z[VXZd[i]ZXVe^iVad[i]Z@jgY^hiVc GZ\^dc!\gVYjVaangZeaVX^c\i^gZYHVYYVb"ZgVWadX`h l^i]Wj^aY^c\hldgi]nd[VcnbZigdeda^hi]Vi^h \d^c\eaVXZh# Erbil’s New City shopping mall INFRASTRUCTURE AND DEVELOPMENT =ZVai]n Dei^dch Healthcare in the Kurdistan Region is improving but the sector still faces a number of challenges, says Michael Howard 6bjai^" b^aa^dc YdaaVg! hiViZ"d[" i]Z"Vgi Y^V\cdhi^Xh XZciZg ^c:gW^a ]Vh_jhi deZcZY ^ihYddgh 6AI=DJ<==>HA>;:^hcdi^c^bbZY^ViZYVc\Zg! 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Bersia and Roger Handberg The University of Central Florida’s (UCF’s) focus on Kurdish studies dates to 2004, when Lt. Gen. (Ret.) Jay Garner joined the advisory board of the Global Perspectives Office. He has facilitated visits by various speakers, including Dr. Najmaldin Karim of the Washington Kurdish Institute and Qubad Talabani. Later, an Endowed Chair in Kurdish Political Studies – the first in the United States – was established by Dr. Karim, and the Kurdish Political Studies Initiative was created (www.ucfglobalperspectives.org/ kurdish_studies/index.php). The Initiative strives to develop knowledge and understanding about the Kurds and Kurdistan. It is a cooperative undertaking of the Global Perspectives Office and the Department of Political Science (where the Endowed Chair is housed), as well as the Global Connections Foundation, a non-profit educational partnership. Formally launched in 2008, the Initiative sponsors or cosponsors public discussions involving high-profile speakers and conferences; supports scholarship and research; and works with partners regionally, nationally and internationally. Although interdisciplinary in nature, the program’s primary emphasis is on politics. The Initiative’s advisory board includes John C. Bersia, Special Assistant to the President for Global Perspectives; Gen. Garner, formerly the Director of the Office of Reconstruction and Humanitarian Assistance for Post-War Iraq; Roger Handberg, Chairman of the Political Science Department; Dr. Karim, a Partner at Drs. Falik and Karim, P.A., and the President of the Washington Kurdish Institute; Jack McGuire, Associate Dean of the College of Sciences; Brendan O’Leary, Lauder Professor of Political Science and Director of the Penn Program in Ethnic Conflict at the University of Pennsylvania; Sibille Pritchard, President of the Global Connections Foundation; Joe R. Reeder, a Shareholder at Greenberg Traurig, Washington, D.C.; Qubad Talabani, Representative of the Kurdistan Regional Government, Washington D.C.; and Ambassador Howar Ziad at the Embassy of Iraq, Ottawa, Canada. Under the auspices of the Initiative, UCF has offered numerous public, co-curricular activities, including a series featuring Michael Gunter of Tennessee Tech University, Brendan O’Leary; and Jonathan Morrow of Hills Stern & Morley, Washington D.C., and the principal legal advisor to the Kurdistan Regional Government’s Ministry of Natural Resources. John C. Bersia and Roger Handberg are the interim Co-Directors of The Kurdish Political Studies Initiative at UCF. GZXZcian!i]ZgZlVhhdbZgZhZVgX]ejWa^h]ZYWn 7jX`^c\]VbJc^kZgh^in!d[jc^kZgh^inZmeZg^ZcXZhjcYZg i]ZJc^iZY@^c\YdbÉhAVWdjg<dkZgcbZciWZilZZc &..,VcY'%%,#>ihXdcXajh^dchlZgZh^beaZ#I]ZbdgZ ^cYZeZcYZcXZhX]ddahVcYjc^kZgh^i^Zh]VkZ!i]ZWZiiZg i]Znl^aaWZ#7jX`^c\]VbÉhK^XZ8]VcXZaadglVh]ZgZ INFRASTRUCTURE AND DEVELOPMENT THE AMERICAN UNIVERSITY OF IRAQ - SULAIMANIA The American University of Iraq – Sulaimania (AUI-S) is a private, independent, non-profit institution of higher education. AUI-S is dedicated to the pursuit of knowledge based on the liberal arts model of education. Its core mission is the promotion of critical thinking, freedom of thought and expression, leadership, civic responsibility, and tolerance of diversity. It is a co-educational institution that is open to all qualified students without regards to race, religion, economic status, or political affiliation. English is the language of instruction. The AUI-S project was initiated in 2004 by the AUI-S Board of Regents and Trustees with a campus development plan targeting a student population of 5,000 by the year 2021. The University opened its first classes in October 2007 with 35 students and now has more than 300. The University possesses a 175hectare plot of land that will house both the academic campus as well as incomegenerating commercial development. The campus is strategically located adjacent to the Sulaimania International Airport on the rapidly urbanizing western outskirts of the city. With its tolerant and welcoming environment, security and growing economy, Sulaimania provides the ideal location for the American University. AUI-S is committed to providing a first class, American-style education that focuses on the development of English language and critical thinking skills, as well as a solid liberal arts foundation for each of its career-oriented baccalaureate majors and minors, and postgraduate degrees. The programs currently offered include a BBA in management and policy studies, a BS in information technology, a BA in international studies and an MBA. cdiadc\V\d#=ZhV^Y7g^i^h]jc^kZgh^i^ZhÆVgZVbdc\ i]ZWZhi^ci]ZldgaY!WjicdiWZXVjhZdjghVgZdaYZg i]Vcdi]ZghÄi]ZnVgZcdiÄWjigVi]ZgWZXVjhZlZ ]VkZ\^kZc[gZZYdbiddjgjc^kZgh^i^Zh#Ç>ldjaYhVni]Z hVbZ#LZl^aaWZcZÒi[gdbbVm^b^o^c\i]ZVjidcdbn d[jc^kZgh^i^Zh#I]Vil^aacdihidehigViZ\^X!gVi]Zg i]VcXdbbVcYeaVcc^c\![gdbaZVY^c\id[gj^i[ja ^ciZgVXi^dchWZilZZci]Z<dkZgcbZciVcYjc^kZgh^i^Zh# I]Ze^XijgZhZZbhidWZi]Vii]Z@G<^hl^aa^c\id ZcXdjgV\ZVeg^kViZjc^kZgh^inhZXidg!l]daanl^aa^c\ idYdhd!WjiVii]ZhVbZi^bZ`ZZehVcdaY"[Vh]^dcZY XZcigVa^oZY\g^edc^ihejWa^XhZXidgjc^kZgh^i^Zh# I]ViÉhV[V^g^begZhh^dc!Wji>YdcÉii]^c`^i^h i]dj\]ii]gdj\]a^`Zi]Vi#DjgegdWaZbhVgZ ^chi^iji^dcVa!cdieZghdcVa!dgi]ZgZhjaid[dcZ b^c^hiZgÉheda^X^Zh# I]Zgddihd[djgZYjXVi^dcVahnhiZb\dWVX`id i]Z@dgVc^XhX]ddah!l]^X]lZgZXdcigdaaZYWni]Z ^bVbh!_jhiVh^c:jgdeZjc^kZgh^i^ZhhiVgiZYWZh^YZ X]jgX]ZhVcYbdcVhiZg^Zh#I]VilVhi]ZDiidbVc hnhiZb#>c^ihaVhiYVnhi]ZdaYZbe^gZgZ[dgbZY^ihZa[! VcY^cigdYjXZYVhZXjaVghnhiZb!bdYZaZYdci]dhZ YZkZade^c\^cbVcneVgihd[:jgdeZ#I]ZDiidbVch i]ZcadhiLdgaYLVg>!VcYi]Z7g^i^h]XgZViZY>gVf# I]Zn^cigdYjXZYVcZlZYjXVi^dcVabdYZa]ZgZ[dg jh!Wjicdii]Z^gdlc#>chiZVYi]Zn^cigdYjXZYV XZcigVa^oZYXdadc^VaVYVeiVi^dcd[i]Z;gZcX]hnhiZb# I]ZnWgdj\]iiZVX]Zgh^c[gdb:\nei#AViZg!i]Z>gVf^ =Vh]Zb^iZbdcVgX]n[VX^a^iViZY^bVbhWZXdb^c\ In addition, the Continuing Education Division offers non-degree courses to government, private sector, and community clientele. In the near future, AUI-S will offer further academic programs, including degrees in water resource engineering and environmental science through the Twin Rivers Institute for Scientific Research. All of these programs have been designed to play an important role in meeting the needs of Iraq for development and to provide a model for higher education throughout the country. eg^bVgnhX]ddaiZVX]Zgh#HdVaadjgeVhihnhiZbh ]VkZWZZcWVhZYdci]ZhiViZign^c\idhZXjgZdgYZg! 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It follows the great tradition of Choueifat schools throughout the Middle East. The school is financially independent, and is a member of the rigorous educational system operated by the Sabis schools network in 15 countries. Every year, graduates from Sabis schools gain entry to highly competitive universities around the world. The ISC provides an internationally oriented, college-preparatory curriculum for students of different nationalities and backgrounds, from the age of three through to 18, with a focus on the core subjects of English, math, sciences and languages. The idea of opening a Choueifat school in Erbil came from Abdul Aziz Taib, the Kurdistan Region’s Minister for Agriculture. It was strongly supported by Prime Minister Nechirvan Barzani. The school opened in September 2006 and moved to its new permanent campus in August 2008. This purpose-built, state-of-the-art campus on the Erbil-Salahaddin Road can house up to 2,500 students, and includes an indoor swimming pool, athletics track, football pitch and basketball courts, in addition to a library and advanced music, art and academic facilities. The Kurdistan Regional Government is widening opportunities to study at the International School of Choueifat by giving scholarships to gifted students from low-income households. And as well as opening the school in Erbil, the ISC has partnered with the Ministry of Education in a private-public partnership for state schools. At the opening of the school’s new campus, Prime Minister Barzani underlined the school’s importance. He said it “offers a world-class education… opens the door for other private educational institutions to enter the Kurdistan Region, [and] raises the performance level expected of both public and private schools.” Angie Chung, from Tacoma in Washington State, joined ISC-Erbil in 2008. She says: “Being an English, math, and music teacher for 26 kindergarteners, as well as a math teacher for 26 eight-year-olds, I returned home for the first few weeks feeling as if I had run a marathon… At times, while teaching I feel I am holding back a tidal wave, because their enthusiasm can translate to rowdiness in the classroom. But then I remember how math teachers in the U.S. have the opposite problem – indifference – which is far worse. It is wonderful to feel so appreciated in this often underappreciated profession.” s!USTRIAN!IRLINESs:AGROS#OMPANYs2OYAL*ORDANIANs)RAQI!IRWAYSs+URDISTAN!IRLINESs3HABAQ!IRs,AVEEN!IRs s(AMBURG)NTERNATIONALs6IKING!IRLINESs&LYING#ARPET!IRLINESs:OZIK!IRs!TLAS*ETs&LY)RAQUNAs.OOR#OMPANYs s&LY-#!s.ORDICs3AFENETs!IR3ERVs-AHAN!IRs&EDEXs$(,s3KY,INKs3TARLIGHTs!RAMEXs-ATEEN%XPRESSs Kurdistan’s gateway to the world... 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E]^adhde]nVcYEjWa^XEda^Xn!VcYVii]ZAVlHX]ddad[i]Z Jc^kZgh^ind[BVgnaVcY# HOW TO INVEST IN KURDISTAN David Michael Tafuri looks at the incentives available to investors under the progressive Kurdistan Region investment law Deedgijc^i^Zh6WdjcY I=:@JG9>HI6CG:<>DCd[>gVfÉh^ckZhibZciaVl]Vh ^bedgiVci^cXZci^kZhÄjc^fjZ[dgi]ZB^YYaZ:VhiÄ i]ViVgZViigVXi^c\^ckZhidgh[gdbVaadkZgi]ZldgaY# H^cXZ'%%(!i]Z=Vg^gIdbVidEVhiZVcY;gj^i?j^XZ ;VXidgn!adXViZY^ci]Z[Zgi^aZ=Vg^gkVaaZncdgi]lZhid[ :gW^a!]VhWZZc^YaZ#GZXZcian!]dlZkZg!\gVeZVcYVeeaZ _j^XZWZ\VcXdjgh^c\i]gdj\]^ihhiV^caZhhhiZZae^eZh VcYXVchd[idbVideVhiZdcXZV\V^cWZ\Vcgdaa^c\d[[ ^ihXdckZndgWZaih#BVhhegdYjXi^dcl^aaWZ\^ch]dgian# GZk^kVad[i]Z[VXidgnlVhbVYZedhh^WaZWnV'b^aa^dc ^ckZhibZciWnI]ZBVgh]Vaa;jcY!i]ZÒghiJ#H#"WVhZY eg^kViZZfj^inVcYkZcijgZXVe^iVa[jcY[dgbZY[dgi]Z ejgedhZd[^ckZhi^c\^c>gVf# I]ZBVgh]Vaa;jcYVcYbVcndi]Zg^ckZhidgh!aVg\Z VcYhbVaa!VgZhiVcY^c\jeVcYiV`^c\cdi^XZi]Vi >gVf!^ceVgi^XjaVgi]Z@jgY^hiVcGZ\^dcd[>gVf!]Vh i]Zbdhiegd\gZhh^kZ^ckZhibZciaVlhd[Vcnl]ZgZ ^ci]ZB^YYaZ:Vhi#I]^h^hVbV_dgX]Vc\Z#JcYZg HVYYVb=jhhZ^c!i]ZaVld[>gVfY^hXdjgV\ZY[dgZ^\c ^ckZhibZci#Dcan>gVf^hlZgZeZgb^iiZYid[dgb XdbeVc^Zh!VcYi]dhZ[dgZ^\cXdbeVc^Zhi]VideZcZY WgVcX]d[ÒXZh[VXZYWjgZVjXgVi^X^bedgi!Zmedgi VcY[dgZ^\cZmX]Vc\ZgZhig^Xi^dch#DlcZgh]^ed[gZVa egdeZginWn[dgZ^\cXdbeVc^ZhlVhhig^Xianegd]^W^iZY# I]Z'%%*8dchi^iji^dceZgb^ihWdi]gZ\^dcVa \dkZgcbZcihVcYi]Z;ZYZgVa<dkZgcbZcid[>gVf idgZ\jaViZ^ckZhibZci!Wjil]ZgZi]ZgZaZkVci VXi^k^in^hcdiVcZmXajh^kZ[ZYZgVaedlZgi]Zc gZ\^dcVaaVlegZkV^ah#>c?jan'%%+!i]Z@jgY^hiVc GZ\^dcVa<dkZgcbZci@G<eVhhZYi]Z@jgY^hiVc GZ\^dc^ckZhibZciaVl!l]^X]egdk^YZY^cXZci^kZh [dg^ckZhidghVcY![dgi]ZÒghii^bZ!\jVgVciZZYi]Vi [dgZ^\c^ckZhidghldjaYWZigZViZYVhi]ZZfjVahd[ >gVf^^ckZhidgh#I]Z;ZYZgVa<dkZgcbZciegdk^YZY h^b^aVg^cXZci^kZh^ci]ZcVi^dcVa^ckZhibZciaVl! eVhhZY^cDXidWZg'%%+!WjiVahdgZ"XdcÒgbZYi]Zg^\]i d[gZ\^dcVa\dkZgcbZcihid^cXZci^k^oZ^ckZhibZci# IdWZcZÒi[gdbi]ZVYkVciV\Zdjhegdk^h^dch^ci]Z @jgY^hiVcGZ\^dc^ckZhibZciaVl!VediZci^Va^ckZhidg bjhiVeeanidi]Z@jgY^hiVcGZ\^dc>ckZhibZci7dVgY [dgVa^XZchZ#I]Z>ckZhibZci7dVgYbVna^XZchZ egd_ZXih^cVaahZXidghd[i]ZZXdcdbn#H^cXZi]ZaVl eVhhZY!i]Z7dVgY]Vh^hhjZY&)*a^XZchZh^cVkVg^Zin d[hZXidgh!^cXajY^c\XdchigjXi^dc!V\g^XjaijgZ! 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KURDISTAN REGIONAL GOVERNMENT INVESTMENT LAW 100 percent ownership of project land allowed, though investor may not own land containing oil, gas or mineral resources. Prohibits investment in oil and gas extraction/ Does not explicitly prohibit investment in these areas, production, as well as banks and insurance companies. but Supreme Council for Investments may allow >7=:CIEG6:HIDdYbV\cVVa^fjVijb^jgZi^c\Zci^a investment in any sector it chooses other than those ^aaVXdcZhi^cX^c\ZijieVijZgViajbbncdhigjYZijZ explicitly listed in the law’s categories (e.g. hotels, transportation, services). i^hZhh^hbdYb^cX^Yj^h^# L^hh^bZciVjiegViadgZYdadgeZgdhi^ckZa Full^cX^cX^aaVb!XdchZc^b^c]Zc^VbYddY^ehjh repatriation of project investment and Full repatriation of project investment and profits allowed. X^a^fj^h^i!kjaejiZkZg^jhi^cX^Yj^hZc^hZgX^cX^ profits allowed. a^hbdYdadgZi^hX^aajeiVi^e^hZmZgdhYdadgZ [VX^a^fjVijboog^iaVbZijbhVcY^e^ikdadgZZiVY^Vb! Project income tax exempt for ten years from date Project income tax exempt for ten years from date kZcY^\c^hYj^ehjhX^a^fjVikZa^fj^h^bkZajaaVXdgZ production commences, or offer of services. If Iraqis production commences or offer of services; no XdchZYi^cX^ZgVX^e^iY^iaVbZiadgZb^cZijb accounted for more than 50 percent of original project provision for extension of income tax exemption. YdajeiVijiZ[VX^cX^eZc^h^# investment, project income tax exemption may be JYYdadgVa^i!XdghZYiZbkdadgZ[Zj[Zj[VXXjbbn extended up to 15 years in total. cjaajbbdYdYj^ehjboog^aaVbZikjaaVdgZXdgZ b^cX^c\ZmZgdhidZjbYdaZciajb^jgZbV\c^h^b Import of spare parts tax exempt up to 20 percent of Import of spare parts tax exempt up to 15 percent kZc^hcjbZcil^hX^WaV[VX^e^iVY^\cVXdghjhX^cji project cost. of project cost. VjiZYdadgZXdc]ZcY^\cVVYZa^ijieViZZj[Zj^Zi cjaajbkZaYZa^h^WaVXdckZgVi#>iadgZb^cZgddY^e^i Hotels, hospitals, universities, schools, tourist Hotels, hospitals, universities, schools, tourist egVZhZXdcjaejieViajeiViZbkZc^hYdaZhh^bZiadgZ institutions granted tax-exempt import of linens, institutions granted tax-exempt import of linens, bV\c^bkZa^fj^hbdYdadgZkjaajbfj^hc^boog^jhX carpets, furniture and other renovation items every carpets, furniture and other renovation items every four^a^fj^hcjaaV[VX^WaVVjiViZbY^Vb!kZghjbhVc years. three years. jaaVXdbbdYb^c^i!kZa^hVjiZYZajieVi^cX^e^hc^h Va^fj^hhZc^W]ZgVi!fjVi^dcjieViZ[Zj^hZmZVXdbbn Employment of foreign workers allowed, provided Employment of foreign workers allowed, provided no cjaajeiVi#EVi^dchZYZjbkdadgZbkjaejiaVdgZ[VX^a^i capable Iraqis available; foreign workers may no capable Iraqis available; foreign workers may adgZY^\c^hcdchZYZmZc^bkZc^W]Zhh^# repatriate earnings. repatriate earnings. Vehicles, equipment, instruments, etc., tax exemption from duties, taxes and import licenses, provided they are imported within three years of investment license approval. Vehicles, equipment, instruments, etc., tax exemption from duties, taxes and import licenses, provided they are imported within two years of approval granted by Investment Commission Chairman. Foreign investor and capital treated on equal footing with national investor and capital. Foreign investor and capital treated on equal footing with national investor and capital. Law silent as to provision of basic services to project area. KRG will provide services (water, electric, sewage, public road, telecommunications, etc. ) to the boundary of the project. Law silent as to import of raw materials for production. Import of raw materials for production tax exempt for customs duties for five years. Law silent as to additional incentives for project investment in less developed areas or joint projects between Iraqis and foreigners. Additional incentives for projects in less developed areas and joint projects between Kurds and foreigners. Foreign and/or domestic insurance of project allowed. Foreign and/or domestic insurance of project allowed. @jgY^hiVcGZ\^dc!Wji6h^Vc!:jgdeZVcVcYCdgi] 6bZg^XVcXdjcig^ZhVgZWZ\^cc^c\id[daadl# Djih^YZd[:gW^a!V_d^cikZcijgZWZilZZcVJ#H# VcYVc>gVf^XdbeVcngZXZcianWgd`Z\gdjcYdci]Z 6bZg^XVcK^aaV\Z!VbVhh^kZYZkZadebZcil^i]cZl! 6bZg^XVc"hinaZ]dbZh#I]Zegd_ZXilVha^XZchZY[dg-% b^aa^dc!VcY^cgZXd\c^i^dcd[^ihegdb^hZ!gZXZ^kZY VYY^i^dcVa[jcY^c\[gdbDE>8#EZg]Veh>gVf^hijYZcih cdlWZ^c\ZYjXViZYdci]Zdi]Zgh^YZd[@jgY^hiVcVi i]Z6bZg^XVcJc^kZgh^ind[>gVf"HjaV^bVc^Vb^\]idcZ YVna^kZi]ZgZ#7di]egd_ZXihlZgZbVYZedhh^WaZWni]Z jc^fjZ^cXZci^kZh[dg[dgZ^\c^ckZhidgh^ci]Z@jgY^hiVc GZ\^dcÉh^ckZhibZciaVl# 9Vk^YB^X]VZaIV[jg^^hi]Z[dgbZgHiViZ9ZeVgibZciGjaZ d[AVl8ddgY^cVidgVii]ZJ#H#:bWVhhn^c7V\]YVY!VcY^h XjggZcianVeVgicZg^ci]Z^ciZgcVi^dcVaWjh^cZhhYZeVgibZci ViEViidc7d\\hAAE# % *& # % ' " + , -& # .) & , & ,# .) # , , & / ! 0! # 1 0( & " ( # + 2!& #&# # 3 4 . "' (# " )* ! " # ! $ % ! " #$ & # # ! # & #! # # ' # # ( () ! !&$ HOW TO INVEST IN KURDISTAN Deedgijc^i^Zh Stephen F. DeAngelis, President and CEO, Enterra Solutions sees opportunities in Kurdistan as an emerging market 6A>IIA:DK:GildnZVghV\d!>lVh]VgYVildg`^c i]ZJc^iZYHiViZhhigZc\i]Zc^c\i]ZWjh^cZhhedh^i^dc d[bnXdbeVcn!:ciZggVHdaji^dch#I]ZaVhieaVXZdc :Vgi]>i]dj\]i>ldjaYWZYd^c\[jijgZWjh^cZhhlVh ^c>gVf# >lVh[dXjhZYdc]Zae^c\dg\Vc^oVi^dch^begdkZ i]ZZ[[ZXi^kZcZhhVcYZ[ÒX^ZcXnd[i]Z^gdeZgVi^dch! i]gdj\]i]Zji^a^oVi^dcd[VjidbViZYWjh^cZhh egdXZhhZh#>ilVh[dgi]VigZVhdci]Vi>hZije VcVeed^cibZcil^i]i]ZJ#H#9ZeVgibZcid[ 9Z[ZchZÉh7jh^cZhhIgVch[dgbVi^dc6\ZcXn7I6#Bn ^c[dgbVi^dcVae^iX]]VY]VgYanWZ\jcl]Zc>lVh hideeZYWni]Z9ZejinJcYZghZXgZiVgnd[9Z[ZchZ!EVja 7g^c`aZn#=ZidaYbZi]Vi]ZlVciZYbZidVXXdbeVcn ]^bdcVig^eid>gVfidaZVgcbdgZVWdjii]Z7I6Éh iVh`[dgXZid^begdkZWjh^cZhhVcYhiVW^a^indeZgVi^dch ^c>gVf# HZkZgValZZ`haViZg!>[djcYbnhZa[WZ^c\Ódlc VgdjcY^cV7aVX`]Vl`]Za^XdeiZgl^i]di]Zg Wjh^cZhhbZcaZVgc^c\VWdjiWjh^cZhhdeedgijc^i^Zh^c i]Z@jgY^hiVcGZ\^dcd[>gVf#I]Viig^edeZcZYbnZnZh idi]Zedhh^W^a^i^Zhi]ViZm^hi^cZbZg\^c\bVg`Zihi]Vi >]VYcÉiWZ[dgZXdch^YZgZY# IldnZVghV\d>lVhjeWZViVWdji^ckZhibZci deedgijc^i^Zh^cZbZg\^c\bVg`Zih#BjX]]VhX]Vc\ZY WZilZZci]ZcVcYcdl#Bdhih^\c^ÒXVcian!d[XdjghZ! i]ZldgaY]Vheajc\ZY^cidVhZkZgZgZXZhh^dc#9Zhe^iZ i]Viijgcd[ZkZcih!>gZbV^cdei^b^hi^XVWdjiV cjbWZgd[ZbZg\^c\bVg`Zih#BVcnl^aaXdci^cjZid \gdl!ZkZcYjg^c\i]ZXjggZci\adWVaYdlcijgc#HdbZ VgZlZaa"eaVXZYidlZVi]Zgi]Zhidgb# >c[VXi!bVcnVcVanhihWZa^ZkZi]ViV\adWVaZXdcdb^X gZXdkZgnYZeZcYhdchigZc\i]Zc^c\ZbZg\^c\bVg`Zih! 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VcY!^cXgZVh^c\an!aZ^hjgZigVkZaZgh#ÆD[XdjghZ!i]Z CULTURE AND SOCIETY Erbil’s citadel is built on layers of archaeological ruins representing consecutive historical settlements, since the building of the first village in that location around the 6th millennium B.C. idjg^hi^c[gVhigjXijgZ^hhi^aaYZkZade^c\VcYXVccdi WZXdbeVgZYidVbV_dgidjg^hi"hedih^c:jgdeZPEVg^h! 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X]Vg^iVWaZVcYgZa^\^djh^chi^iji^dch# I]Z<dkZgcbZci]VhaVjcX]ZYVXVbeV^\cXVaaZY ÆNZhid<ZcYZg:fjVa^in!CdidK^daZcXZ#Ç>ih\dVah VgZidegdbdiZi]ZZfjVa^ind[ldbZcVcYbZc!id ZbedlZgldbZc!VcYidegZkZciYdbZhi^Xk^daZcXZ V\V^childbZcVcYX]^aYgZc#I]Z@G<VahdZcXdjgV\Zh gZa^\^djhaZVYZghidgV^hZVlVgZcZhhVcY^c[dgbi]Z^g Xdbbjc^i^ZhVWdjii]Z^ckVajVWaZgdaZi]VildbZc ]daY^c@jgY^h]hdX^Zin#>i^hZaZkVi^c\i]ZhZ^hhjZh[dg deZcejWa^XY^hXjhh^dc# LdbZc^ci]Z@jgY^hiVcGZ\^dchi^aa[VXZ igZbZcYdjhX]VaaZc\Zh^cWgZV`^c\YdlcigVY^i^dcVa hdX^VaVcYXjaijgVaWVgg^ZghidZfjVa^in#6ii^ijYZh VcYXdcYjXiVgZhadlidX]Vc\Z0VcY^\cdgVcXZ^h cdiValVnhZVh^anY^heaVXZYWnZca^\]iZcbZci#7ji i]Z@jgY^hiVcGZ\^dc]Vhh]dlc^iXVcX]Vc\Z#>ih <dkZgcbZciVcYeg^cX^eVaeda^i^XVaeVgi^Zhhjeedgi VcYegdbdiZg^\]ih[dgVaaldbZc^ci]ZGZ\^dc!^c >gVf!VcYldgaY"l^YZ#I]ZnVgZgZ"bV`^c\i]Z^geVgi d[>gVfVhVYZbdXgVi^XVcYeajgVa^hiGZ\^dcl^i]^c V[ZYZgVi^dci]Vii]ZnVgZYZiZgb^cZYbjhiX]Zg^h] ZfjVaanVaad[^ihVYjaih!ldbZcVcYbZc!VcYVaad[^ih X]^aYgZcÄ\^gahVcYWdnh# B^X]ZaaZ<gV_Z`^hHeZX^Va6hh^hiVci[dgGZhZVgX]VcY EjWa^X9^eadbVXn[dgi]Z@jgY^hiVcGZ\^dcVa<dkZgcbZci GZegZhZciVi^dc^ci]ZJ#H# CULTURE AND SOCIETY Taha Barwary, Minister of Sports and Youth, explains the valuable role of the MOSY Hedgi^c\I^Zh Erbil club players hold the trophy of the Iraqi Football Championship, as a man wearing the Kurdish flag celebrates the team’s homecoming in August 2008 I]ZBDHN ^hadd`^c\ Vii]Z ZmeZg^ZcXZ d[di]Zg [ZYZgVi^dch VcYbjai^" cVi^dcVa hiViZh I=:B>C>HIGND;HedgihVcYNdji]BDHN^h i]Z@jgY^hiVcGZ\^dcÉhÒghi"ZkZgZhiVWa^h]ZY <dkZgcbZcib^c^hign[dgi]ZhZ[jcXi^dch#>ilVh ^cVj\jgViZY^cBVn'%%+#H^cXZ^ih^cXZei^dc!i]Z BDHN]Vhldg`ZYVXi^kZanidegdbdiZVhigdc\! ^cYZeZcYZciVcYkdajciVgnhedgihbdkZbZcideZc idVaa!gZ\VgYaZhhd[\ZcYZg!V\Z!gZa^\^dc!Zi]c^X^in! hdX^VadgZXdcdb^XWVX`\gdjcY#I]ZBDHN^h^ci]Z ^c^i^Vae]VhZd[ZhiVWa^h]^c\VgZ\^dcVajbWgZaaV hedgihXdc[ZYZgVi^dci]Vil^aabVcV\Zhedgi^c\ VhhdX^Vi^dchi]gdj\]bZbWZgXajWhVcY[ZYZgVi^dch# I]ZBDHNlVcihid[dhiZgi]ZXgZVi^dcd[hedgi VhhdX^Vi^dch!dg\Vc^hVi^dchVcYXdc[ZYZgVi^dchl^i]V YZbdXgVi^Xhe^g^iÄ^cl]^X]kdajciVgn!hZa["]ZaeVcY X^k^X^c^i^Vi^kZhl^aaZkZcijVaanWZegZYdb^cVci# I]ZYZkZadebZcid[Vi]aZi^Xh^hVahd]^\]dc djgV\ZcYV#;dgi]^heVgi^XjaVg[jcXi^dc!VhlZaaVh bVcndi]Zgh!i]ZBDHN^hadd`^c\Vii]ZZmeZg^ZcXZ d[di]Zg[ZYZgVi^dchVcYbjai^"cVi^dcVahiViZh#LZ VgZVeegV^h^c\i]Z^gY^[[ZgZcihdaji^dchidgZ\^dcVa gZegZhZciVi^dc^c^ciZgcVi^dcVahedgiidjgcVbZcih# Ejghj^c\i]^h\dVa^c9ZXZbWZg'%%-i]ZBDHN Xd"]dhiZYVild"YVnhedgihXdc[ZgZcXZid\Zi]Zg l^i]i]ZHedgih8djcX^ad[LVaZh#I]ZeVgi^X^eVcih Y^hXjhhZYVYb^c^higVi^dc![jcY^c\!hedgi[dgndji]! ldbZc!VcYeZdeaZl^i]Y^hVW^a^i^Zh!VcYhedgi^c edhi"XdcÓ^XigZ\^dch#9jg^c\i]ZXdc[ZgZcXZ>bZi i]ZLZah]CVi^dcVa6hhZbWanÉh=Zg^iV\ZB^c^hiZg! 6ajc;[gZY?dcZh!idY^hXjhhlVnhid^begdkZhedgih VYb^c^higVi^dc!VcYbVcV\ZbZci!VhlZaaVh]dlid XZbZcii^Zhl^i]h^b^aVggZ\^dchVgdjcYi]ZldgaY# I]ZXdc[ZgZcXZbVg`ZYVhZb^cVahiZe^c higZc\i]Zc^c\gZaVi^dchWZilZZci]Z@jgY^hiVc GZ\^dcVcYdi]ZgVjidcdbdjhgZ\^dchVcYcVi^dch l]^X]eVgi^X^eViZYÄVeVgi[gdbLVaZh!Cdgi]Zgc >gZaVcY!@dhdkd!8ViVadc^V!HVb^aVcY!:c\aVcYVcY 9ZcbVg`idd`eVgi# LVaZh]VhVadc\]^hidgnd[XdbeZi^c\V\V^chidi]Zg cVi^dch^chedgiXdbeZi^i^dch!VcYi]Z@jgY^hiVc GZ\^dcl^aaWZcZÒi[gdbi]ZLZah]igVX`"gZXdgY#Djg XddeZgVi^dcl^aaZcYjgZ!hiVgi^c\l^i]V[daadl"je Xdc[ZgZcXZidWZ]ZaY^ci]Z@jgY^hiVcGZ\^dcÉh XVe^iVa!:gW^a!^c6eg^a'%%.# Djgdi]Zg\dkZgcbZciValdg`Xdci^cjZh#BdgZ i]Vc'%%ndjc\eZdeaZ[gdbVaaVXgdhhi]Z@jgY^hiVc GZ\^dc]VkZWZZc^ckdakZY^cVcZmiZch^kZc^cZ" lZZ`ZYjXVi^dcegd\gVbh^cXZDXidWZg'%%-#LZ VgZ[VX^a^iVi^c\i]Z^gZYjXVi^dc^cVXXdjciVWaZ aZVYZgh]^e!Zck^gdcbZciVahZch^i^k^in!b^cdg^in g^\]ih!ldbZcÉhg^\]ihVcY\ZcYZgXdchX^djhcZhh! ]ZVai]VcY=>KZYjXVi^dc!VcYZcXdjgV\^c\i]Zbid Xdch^YZgXdchigjXi^kZ^c^i^Vi^kZhidVYYgZhhldgaY" l^YZhdX^VaegdWaZbh^ci]Z^gcZ^\]Wdg]ddYh!Z#\# edkZgin!jcZbeadnbZci!Ygj\hVcYVYb^c^higVi^kZ Xdggjei^dc#I]Zndji]VgZcZildg`^c\^ci]Z^g gZheZXi^kZadXVaVgZVhYjg^c\i]ZZci^gZigV^c^c\ nZVg#>ci]ZaVhihiV\Zd[i]Zegd\gVbi]Znl^aa eVgi^X^eViZ^cVgZ\^dcVaXVbeV^\cl^i]i]ZBDHN VcYeji[dglVgY\ZcZgVa^YZVhVcYegdedhVah[dg jea^[i^ci]Z@jgY^hiVcGZ\^dc# >ci]^hldg`i]ZBDHNVX`cdlaZY\Zhi]Z XdbeZiZcXZVcYhjeedgid[i]Z@jgYh[gdbi]Z Y^VhedgV#I]Z^gh`^aahVcYhjeedgi]VkZWZZc ^cXdgedgViZY^cidi]ZZkZgnYVnldg`d[i]ZB^c^hign! VcYVcZmiZch^kZ^ciZgcVi^dcVacZildg`d[hjeedgi ]VhWZZcXdchda^YViZY# >cBVgX]'%%.!iZciZVX]Zgh[gdbHlZYZcigVkZaZY idi]Z@jgY^hiVcGZ\^dcVheVgid[VBDHNZYjXVi^dc egd\gVb#8djghZhVcYldg`h]deh[dg')%ndji]VcY hedgiaZVYZghVYYgZhhZYYZbdXgVXn!dg\Vc^oVi^dcVcY XajWhigjXijgZ!VcYVXXdjciVWaZaZVYZgh]^e# HiZeWnhiZe!dghig^YZWnhig^YZ!Vhigdc\VcY YZbdXgVi^XhedgihXjaijgZ^hZkdak^c\^ci]Z @jgY^hiVcGZ\^dc# CULTURE AND SOCIETY GZa^\^djh 9^kZgh^in Kurdistan is open to religious diversity. Professor Hamit Bozarslan,Ecole des Hautes Etudes en Sciences Sociales, Paris, reports A Yezidi sect devotee kisses a monument in the yard of the main Lalish temple at the town of Sheikh Hadi, near Dohuk in northern Iraq >gVf^ 8]g^hi^Vch ]VkZ hdj\]i Vhnajb^c @jgY^hiVc! `cdl^c\ i]Vii]Zn l^aacdiWZ eZghZXjiZY l^i]^c i]ZGZ\^dc >C>IHG:A><>DJHYdbV^ch!i]Z@jgY^hiVcGZ\^dc ^hVYZZeanY^kZghZ!deZcVcYeajgVa^hieaVXZ#I]Z dkZgl]Zab^c\bV_dg^ind[i]Z@jgYhVgZV[Òa^ViZY idHjcc^>haVb!WjihdbZdi]Zgh!l]dhj[[ZgZY igZbZcYdjhanjcYZgi]Z[dgbZg7VVi]gZ\^bZ! `cdlcVh;V^a^@jgYh!VgZH]^^iZh# I]ZNZo^Y^h!l]dVYdgZi]ZEZVXdX`Vhi]Z;^ghi 6c\Zad[<dY!VgZdcZd[i]Zbdhi[VhX^cVi^c\ XdbedcZcihd[i]Z@jgY^h]gZa^\^djhhe]ZgZ#I]Z VgX]^iZXijgVaanbV_Zhi^XIZbeaZd[AVaZh]cZVg i]ZX^ind[9d]j`^cH]Z^mVcXdchi^ijiZhi]Z^g bdhi^bedgiVci]daneaVXZ#@jgYhVgZ\ZcZgVaan lVgbidlVgYNZo^Y^hWZXVjhZi]ZngZ\VgYi]ZbVh egdedcZcihd[VcVji]Zci^XVaan^cY^\Zcdjh@jgY^h] gZa^\^dcÄi]Z^gheZZX]VcYg^iZhVgZXdcYjXiZY^c @jgY^h]#7nXdcigVhi!hdbZoZVadjh6gVW_^]VY^hih gZ\VgYi]ZbVhÆYZk^a"ldgh]^eeZgh!ÇVcYjeid(%% bZbWZghd[i]^hhbVaaXdbbjc^inlZgZ`^aaZYWn 6gVW_^]VY^hih^cH^c_VgYjg^c\hj^X^YVa_^]VY^hi ViiVX`h^c6j\jhi'%%,# HdbZidlch^c@jgY^hiVc!Vbdc\i]Zb6^c`VlV! cZVgi]ZXVe^iVa:gW^a!]dhi^bedgiVci6hhng^Vc VcY8]VaYZVcXdbbjc^i^Zh#I]ZhZVgZVbdc\ i]ZdaYZhiXdci^cjdjhan"ZhiVWa^h]ZY8]g^hi^Vc \gdjeh^ci]ZldgaY#H^cXZ'%%(![dghV[Zin gZVhdch!bVcndi]Zg>gVf^8]g^hi^Vch]VkZhdj\]i Vhnajb^c@jgY^hiVc!`cdl^c\i]Vii]Znl^aacdi WZeZghZXjiZYl^i]^ci]ZGZ\^dc#I]ZNZo^Y^h! 6hhng^VchVcY8]VaYZVchVgZgZegZhZciZY^ci]Z @jgY^hiVcCVi^dcVa6hhZbWan# =^hidg^XVaan!@jgY^hiVcVahd]VYVc^bedgiVci ?Zl^h]Xdbbjc^in0]dlZkZg!^ilVh^cYjXZYVcY XdZgXZYidÓZZid>hgVZaYjg^c\i]ZgZegZhh^dcd[ hjXXZhh^kZ>gVf^\dkZgcbZcih#7jih^cXZ'%%(!hdbZ d[i]ZhZ?Zlh]VkZiV`Zci]Zdeedgijc^inidk^h^ii]Z Xdjcignd[i]Z^gVcXZhidgh# ;dgbVcnXZcijg^Zh!i]ZBjha^bgZa^\^djh Wgdi]Zg]ddYh!XVaaZYÆIVg^fVh!ÇXdchi^ijiZY i]ZbV^ce^aaVghd[@jgY^h]gZa^\^djha^[Z#I]Z 6gVW^XldgYÆiVg^fVÇbZVchÆeVi]!ÇaZVY^c\id i]ZÆ]Vf^fVÇigji]!dgid<dY#I]ZFVY^g^nnV VcYi]ZCVfh]WVcY^nnV!l]^X]hi^aa]VkZVhda^Y ^beaVciVi^dcVaaVgdjcYi]Z@jgY^hiVcGZ\^dc! VgZi]Zildbdhi^bedgiVciWgdi]Zg]ddYh#I]Z ÒghidcZlVh[djcYZY^ci]Z&'i]XZcijgn8#:#Wn H]Z^`]6WYjafVY^g<ZnaVc^!VcYi]ZhZXdcY^ci]Z &)i]XZcijgnWn7V]VjYY^cCVfh]WVcY7j`]Vg^Ä i]dj\]^ilVhgZ[dgbZY^ci]Z&-i]XZcijgnWni]Z @jgY^h]H]Z^`]!BVlaVcV@]Va^YVa"7V\]YVY^# I]ZadXVa!VcYbdgZdgaZhhVjidcdbdjhWgVcX]Zh d[i]ZhZWgdi]Zg]ddYh!VgZhigjXijgZYVgdjcY he^g^ijVa\j^YZhXVaaZYH]Z^`]h#I]ZWgdi]Zg]ddYhÉ Y^hX^eaZh!l]dVgZXVaaZYBjg^Yh!gZVX]i]Z]Vf^fV i]gdj\]i]ZH]Z^`]ÉhiZVX]^c\!WVhZYdc^c^i^Vi^dc# I]ZH]Z^`]hd[iZc]VkZ[daadlZghdjih^YZi]Z ^ciZgcVaX^gXaZhd[i]Z^gWgdi]Zg]ddYh!VcYVgZ hdX^VaanVXXZeiZYVhbdgVaVji]dg^i^Zh#I]Z^gYZZe ^ciZ\gVi^dcl^i]^chdX^Va!ZXdcdb^XVcYXjaijgVa a^[ZZcVWaZYi]ZbideaVnVc^bedgiVcieda^i^XVa gdaZi]gdj\]djii]Z&.i]VcY'%i]XZcijg^Zh#>c bVcnXVhZh!i]ZnXdchi^ijiZYdcZd[i]ZbV^c e^aaVghd[@jgY^h]cVi^dcVagZh^hiVcXZV\V^chi>gVfÉh XZcigVaVji]dg^i^Zh# 6h^cdi]ZgBjha^b"bV_dg^inXdjcig^Zh!^c @jgY^hiVci]ZgZVgZgZa^\^djhan"bdi^kViZYeda^i^XVa eVgi^ZhVcYbdkZbZcih#Ildd[i]ZbÄi]Z@jgY^hiVc >haVb^XJc^dcVcYi]Z@jgY^hiVc>haVb^X<gdjeÄ VgZaZ\Va!VcYid\Zi]Zgi]ZnZaZXiZY&*d[i]Z&%* YZeji^Zhl]dldceaVXZh^ci]Z@jgY^hiVcCVi^dcVa 6hhZbWan^c'%%*#I]ZnVXXZeii]ZgjaZhd[i]Z eVga^VbZciVgnYZbdXgVi^XhnhiZb!VcYXdcYZbc VcnjhZd[k^daZcXZ^ci]ZcVbZd[>haVb#GVY^XVa >haVb^hib^a^iVcihl]djhZk^daZcXZidgZ">haVb^oZ hdX^Zin!]VkZcdedejaVgWVhZ^c@jgY^hiVc!VcY VgZZmigVdgY^cVg^an[Zl^ccjbWZg!^hdaViZYVcY bVg\^cVa^oZY#I]Zn]VkZ[V^aZYidY^hijgW@jgY^hiVcÉh [jaan_jhi^ÒZYgZejiVi^dcVhVodcZd[gZa^\^djh VXXdbbdYVi^dcVcYeZVXZ[jaeajgVa^hb# CULTURE AND SOCIETY Kurdistan is believed to be one of the most tolerant and culturally harmonious places in the Middle East. Liam Anderson reports 8dbbjc^inGZaVi^dch I]Z @G<]Vh ldg`ZY ]VgYid egZhZgkZ XjaijgVa Vjidcdbn VcYid [dhiZg eda^i^XVa eajgVa^hb DC:D;BN]Vee^ZhibZbdg^Zhd[i^bZheZci^ci]Z @jgY^hiVcGZ\^dclVhlViX]^c\a^kZXdkZgV\Zd[ i]ZÒcVad[i]ZJ:;68]Vbe^dchAZV\jZWZilZZc 7VgXZadcVVcY6ghZcVa^cBVn'%%+ViV8]g^hi^Vc [g^ZcYÉh]djhZ^c6^c`^lVidlc!dci]ZZY\Zd[:gW^a# Bn[g^ZcY]VY^ck^iZYhZkZgVad[]^hVXfjV^ciVcXZh[dg i]ZdXXVh^dcl]dVaahed`ZhdbZ:c\a^h]#Id\Zi]Zg lZeVhhZYVcZciZgiV^c^c\ZkZc^c\Yg^c`^c\WZZgVcY VcVano^c\i]ZbZg^ihVcYYZ[ZXihd[i]ZildiZVbh# DcanV[iZgi]ZZcYd[i]Z\VbZY^Y>gZVa^oZi]Vi> lVhh^ii^c\^ci]ZXdbeVcnd[V8]g^hi^Vc!ild@jgYh! Vc6gVWVcYVIjg`dbZc#6hlZhed`Z!^cbjX]d[ i]ZgZhid[>gVf!]jcYgZYhd[eZdeaZVYVnlZgZWZ^c\ ZmeZaaZY!WgjiVaanidgijgZYVcYbjgYZgZY!WVhZYdc cdi]^c\bdgZi]Vci]Z^gZi]c^X^indggZa^\^dc# I]^hZmeZg^ZcXZcZVianXgnhiVaa^oZhi]ZY^hi^cXi^dc WZilZZc@jgY^hiVcVcY6gVW>gVf#>ci]ZaViiZg! Zi]c^X^inVcYhZXiVgZa^[ZdgYZVi]^hhjZh0^ci]Z [dgbZg!i]ZnVgZcdihjgk^kVafjZhi^dch#>c@jgY^hiVc! Xd"Zm^hiZcXZldg`hVcY^hXZaZWgViZY#6[iZg'%%(! 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