Follow us! Follow us!

Kurdistan: Groups announces universal optimism about investi

From Reputable News Sources

Kurdistan: Groups announces universal optimism about investi

Unread postby Stillw8n » Wed Dec 07, 2011 10:08 am

Kurdistan: Groups announces universal optimism about investing in the region
Image

Erbil, 7 December / December (Rn) – Both the groups Hiltn and Marriott International is the Best Western hotel,

optimism about the stability and the future of investment in the Kurdistan region, according to the site “Hotel News”.

The Web site published a story stating that “the region is witnessing an economic recovery on the back of directed foreign companies to invest has, especially in the field of oil,” noting that “the region can benefit from the tourism sector has to support that recovery.”

The Web site said, “Rotana hotel prior peers groups Hiltn and Marriott International’s and the Best Western contract with the province to build five-star hotel in Erbil.”

For his part, Chairman of the Group and the Best Western international hotel David Kong that he was “not sure a few years ago of Iraq’s economic recovery,” noting that “his view that differed after the economic recovery experienced by the Kurdistan region over the past few years.”

Is expected to complete a set of Best Western Hotel building in Arbil, includes 82 rooms by the year 2013, is also likely to be completed Hiltn hotel group to build a hotel in Erbil in the same year. “

For his part, official Middle East in a Hiltn Naiser Carlos “The Kurdistan region has a wealth of large and of growing demand for foreign tourists by the promise recovery of the tourism sector has.”

In the same context, director of Marriott International’s Ed Fuller, that “his group is building a hotel in Erbil include the 200-room,” pointing out that “the likely completion of the project by 2014.”

According to official statistics of the Ministry of industry and trade of the Kurdistan region there are 1217 foreign company operating in the region, 60% of Turkish companies, but they are mostly engaged in trading and contracting.



http://bit.ly/veaQ94
~The opinions expressed in the above article do not necessarily reflect the views of the person posting~
User avatar
Stillw8n
Admin
Admin
 
Posts: 4520
Joined: Tue Sep 20, 2011 4:10 pm

Return to Iraqi Politics & Economy

Who is online

Users browsing this forum: Bing and 74 guests

cron