The Iraqi Embassy in Washington DC dealt with nearly 5,000 applications from American companies hoping to do business in Iraq last year, a 70% jump from 2010, according to an article from Chicago Business.
Among the companies mentioned are the Schaumburg, Illinois-based manufacturer Quality Float Works Inc., which mades devices to control liquid flows in machinery.
Another is Navistar International, whose subsidiary Navistar Defense supplied the U.S. military with about 9,000 MRAPs during the occupation. Now it’s aiming to become a commercial truck supplier in Iraq.
Northbrook, Illinois-based NewMedical Technology Inc., which makes a scar-reducing gel, is diving into what company Vice-president Jeff Dziura described as “cumbersome” regulatory paperwork in order to sell in Iraq.
The Kurdistan Region of Iraq has enjoyed unprecedented development since the removal of the previous regime in 2003. The KRG has moved forward with the international community to explore a wide range of economic activity, reserving a lynchpin role for foreign investors, multinational companies, and public private partnerships. Analysis is key to any investment strategy and this all-source compilation of data on the Kurdish region provides necessary indicators to perform due diligence.
Traveling To Kurdistan
Tuesday, January 17, 2012
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