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An Italian company intends to set up investment projects in the Kurdistan Region

Published in news Sunday, 20 August 2017 09:09

Erbil: On 13/07/2017, An Italian companies Leonardo Colombo and Barawi Company which is based in Kurdistan were signed an agreement with the Erbil Chamber of Commerce and Industry. 

Hello n a ceremony held in the Chamber Library Hall, the agreement was signed in the presence of Dr. Dara Jalil Khayat the President of Erbil Chamber, the agreement extends to energy and agriculture fields. 

Mr. Baraw Kawa Mahmoud the owner of Baraw company said" the company that we are partnering with, is of the grandest companies in Italy, it provides Italy with wire and electricity, recently they are working on two huge projects on of them located in US California state which works on providing electricity through the car tires" 

He continued " we were in negotiation for about one year, after they came to Kurdistan they found the environment suitable for investment." 

Regarding the context of the agreement, he indicated that includes the fields of generating electricity through solar energy and the food leftover, and that they start their common project in Erbil, later the expansion to another cities to be decided. And, said that the political consensus between Kurdistan Region and Italy encouraged them to take this decision specially stepping toward establishing an independent state of Kurdistan. 

Read 1143 times Last modified on Sunday, 20 August 2017 09:27