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Kurdish Investment Commission Announces 89 Investment Projects Cancelled in Iraqi Kurdistan

According to 10-year statistics, the investments in 2016 registered the lowest figures to be less than 2 billion dollars, while in 2015 reached to 4 billion dollars.

According to the Kurdish Investment Commission, the Kurdistan Regional Government has cancelled approximately 89 investment projects citing various reasons for their ultimate demise.

 Recently published 10-year statistics show that in 2016, investment in Iraqi Kurdistan registered at an all time low, less than US$2 billion dollars whereas in 2015, investment reached US$4 billion. Between the period of 2006-2016, 765 projects across various fields reached US$22.42 billion of investment 

Source: Iraq TradeLink

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