IRAQI DINAR EXPERTS OPINIONS 23-11-2013
Source: Chapter Karbala and Kurdistan
23-11-2013 Iraqi Dinar DG Guru: Why the property rates are increasing in the Karbala Iraq?
23-11-2013 Iraqi Dinar Expert IDD Colin: Instead of Baghdad the capital of Iraq, the property rates are increasing so fast in Karbala. Karbala is considered to be a holy city not only for Iraq but also for the Muslim world due to a number of Holy personalities of Islam is buried in the city. The devotees of Islam and the lovers of these personalities are willing to purchase properties at every cost that seller demands. Therefore the rates are increasing in the Karbala.
23-11-2013 Iraqi Dinar Expert TD Edward: What is the per square meter price of property in Karbala and other cities of Iraq?
23-11-2013 Dinar Deals Expert: The square meter price of property in the Baghdad is 2000 to 2500 dollars. The price is increasing in the Karbala so fast and you will have to pay 4000 to 4500 dollars per square meter land in Karbala. This property rate is almost equal to the capital city of Japan Tokyo. Hopefully the rates will further increase in the near future due to expansion of shrines in Karbala.
23-11-2013 Iraqi Dinar Expert IDI Basil: What is the tension between the Turkish Energy Ministry and the Kurdistan regional government?
23-11-2013 IDD Expert Terrence: The tension between the Turkish Energy Ministry and Kurdistan regional government is rising due to the time frame for completion of the pipeline project. The Kurdistan regional government wants to complete this project within a year which is not possible for the Turkish Energy Ministry. According to Turkish Energy Ministry, two years are required to complete this project.
23-11-2013 Iraqi Dinar Expert TD Edward: What about the Hayatt Branded business plans in Kurdistan?
23-11-2013 Iraqi Dinar Expert IDI Basil: The Hayatt branded Hotel Corporation with the cooperation of the Claremont Group LLC is going to design a five star hotel in the Kurdistan regional government. The project will be finalized by 2017. The Claremont Group LLC has given the responsibility of managing the hotel project. According to a report, it will be the first project of Hyatt Hotels Corporation in the region.
23-11-2013 Iraqi Dinar Expert IDI Basil: Why Hyatt Hotel Corporation selected Kurdistan for its next five star hotel project?
23-11-2013 Iraqi Dinar Expert IDD Colin: The Kurdistan region has been declared as one of the best tourist places in the year 2014 and afterward. Most of the tourists and hotel companies are moving towards this region for their long term business projects. Hopefully Kurdistan will host more than three million tourists in the region after 2014. This number will increase in the near future, and the future of the region is bright according to the tourism point of view.
23-11-2013 IDD Expert Terrence: What will be the description of the hotel?
23-11-2013 Iraqi Dinar ID Investor Eric: The hotel will provide more than two hundred rooms for guests that will be named as guestroom and meeting room and space of events which is almost 18000 square feet. The hotel will also provide pools, treatment rooms, parks and gardens as well. The facilities of shopping mall and golf course will also be provided by the Hyatt Hotel Corporation.
23-11-2013 Dinar Deals Expert: What do you know about Iraq investment and reconstruction task force?
23-11-2013 Iraqi Dinar DG Guru: Iraq investment and reconstruction task force is the place where foreign investors and traders take information about any project or about any business opportunity in Iraq. Most of the multi-national companies consult with Iraq investment and reconstruction task force for their business project. That’s the reason; if you are an investor so consult with Iraq investment and reconstruction task force for your better future in Iraq.
23-11-2013 Iraqi Dinar ID Investor Eric: What is the role of “Select USA 2013 investment summit” in the development of business in Iraq?
23-11-2013 Dinar Deals Expert: “Select USA 2013 investment summit” is the place for the direct investment in the USA. Like Iraq investment and reconstruction task force, the basic purpose of the Select USA 2013 investment summit is to drive investors towards America but US citizens are allowed the same rights of investment that Iraqi citizen has in the country. Therefore the citizen of US can play a role in the development of business in Iraq.
23-11-2013 IDD Expert Terrence: What are the basic motives of the 40th Baghdad international fair?
23-11-2013 Iraqi Dinar Expert TD Edward: The 40th Baghdad international fair is a place that motivates and suggests the foreign investors to invest in the different projects in Iraq, especially to the investors from the United States of America. This is because of the 40th Baghdad international fair that most of the investors in Iraq are belong to the United States of America. These investors are investing in those areas which have been neglected by the government of Iraq for a number of years.
23-11-2013 Iraqi Dinar Expert IDD Colin: What do you know about the Iraq Energy and Conference?
23-11-2013 Dinar Deals Expert: The Iraq Energy and Conference is working under the Iraq Ministry of oil and gas and it is the only Energy conference working under the government of Iraq. This conference holds on more than eighty companies of different countries of the world. The Iraq Energy and Conference attracts and invite the different companies of the world to invest in the country in the oil and gas sector of Iraq.