Iraq seen as key area for GCC investment in 2010
INVESTMENT OPPORTUNITY: Iraq's capital Baghdad.
2010 represents a strong opportunity for GCC companies to export their knowledge and experience to Iraq, according to a global business consultancy.
Control Risks believes that improvements in the security environment and the political situation in Baghdad mean that a number of industries – not just the energy sector – are being welcomed into the northern Gulf country.
“The second oilfield bidding round showed that both the Iraqi government and foreign companies had undergone the learning process,” said Jonathan Wood, global issues analyst at Control Risks.
INVESTMENT OPPORTUNITY: Iraq's capital Baghdad.
2010 represents a strong opportunity for GCC companies to export their knowledge and experience to Iraq, according to a global business consultancy.
Control Risks believes that improvements in the security environment and the political situation in Baghdad mean that a number of industries – not just the energy sector – are being welcomed into the northern Gulf country.
“The second oilfield bidding round showed that both the Iraqi government and foreign companies had undergone the learning process,” said Jonathan Wood, global issues analyst at Control Risks.