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THE MARKET AT A GLANCE

  • Agriculture can once again become a vital part of Kurdistan’s economy, a region that was once called the “breadbasket of Iraq”. The region is hoping to reach economic self-sufficiency in the next five years.
  • The Kurdistan Regional Government seeks to develop infrastructure for the agriculture industry through working with private companies or exploring public-private partnerships to construct cold storage facilities and silos in agricultural regions.
  • The availability of water in the regi on is crucial to foster the development of the agricultural sector.
    By introducing innovative approaches to overcome water scarcity in the region, investors can contribute to sustainable growth in the agricultural sector.
  • Additional investment is needed in the infrastructure of agriculture to help enhance Kurdistan’s physical, technical, and personnel requirements to be able to boost agriculture production per capita in the region.

Sources: Kurdistan Board of Investment, Kurdistan Regional Government–Ministry of Planning, National Investment Commission - Iraq

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