News Column

Sulaymaniyah keen on attracting Iranian investments

February 20, 2014

Translated by Farzam Vanaki

Sulaymaniyah Governorate is interested in cooperating with Iranian investors, said Sulaymaniyah's governor general.

Behrouz Mohammad-Saleh said, "We have prepared the grounds and required infrastructures for attracting foreign investments," IRNA reported.

Speaking at a ceremony to inaugurate a passenger terminal in Iran's Kurdestan province, Mohammad-Saleh noted that investors from different countries have invested in the Kurdistan Region of Iraq.

"Our people and officials are keen on inviting Iranian investors for cooperation," he said.

He listed Sulaymaniyah's advantages as providing investors with free land, tax exemptions and cheap water and electricity.

Mohammad-Saleh noted that the Kurdistan Region of Iraq has high capacities for investments.

"If Iranian investors are interested to cooperate, the region will welcome their presence and provide them with the best conditions for making investments," he said.

Referring to the commonalities of the people of Iraqi Kurdistan Region and Iran's Kurdestan province, he said, "We will never forget the kindness of Iranian people and officials during the war."

"The two provinces have signed a number of Memoranda of Understanding (MoU), of which 80 percent have been launched and the rest will be implemented by the end of 2014," he added.

He said construction of a two-lane highway from Sulaymaniyah to Marivan-Bashmaq border is also underway.

Abdolmohammad Zahedi, Kurdestan province's governor-general, said in the same ceremony that the two provinces enjoy high-level relations.

Zahedi also said Iran and Iraq should use their favorable capacities to expand cultural, economic and trade relations.

"Iran is ready to implement the contents of previous MoUs," he said.

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Source: Iran Daily

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