More than 60 Spanish companies will visit the Kurdistan Region in November to join a major investment forum. The event will promote trade, investment, and business cooperation. Government officials, investors, and business leaders from both sides will attend the gathering. They aim to build stronger economic partnerships.
The announcement follows a recent visit by a high-level Kurdistan Region delegation to Spain. The delegation included senior officials and nearly 40 investors and business representatives. They attended two major economic forums in the Spanish regions of Murcia and Castellón.
Bargasht Akrayi, spokesperson for the Kurdistan Region Board of Investment, said the visit focused on attracting Spanish investors. He explained that the delegation presented investment opportunities in agriculture, tourism, oil and gas, and several other sectors with strong growth potential.
During the meetings, companies from both sides signed several preliminary agreements and memorandums of understanding. They also discussed new business opportunities and ways to increase trade. These agreements will help expand economic cooperation and support future joint projects.
Several Spanish companies from the oil and gas, agriculture, and tourism sectors confirmed their interest in the Kurdistan Region. They plan to visit soon and meet local partners. They also hope to launch joint projects and sign investment contracts.
The Kurdistan Region Board of Investment signed another memorandum of understanding with officials from Castellón. The agreement supports knowledge exchange between the two regions. It also includes training programs for employees, entrepreneurs, and investors.
The November investment forum will mark another step in the growing partnership. More than 60 Spanish companieswill attend the event. Many businesses plan to sign the agreements that they discussed during the meetings in Spain. The forum will also create new opportunities for networking and investment.
Economic relations between Spain and the Kurdistan Region continue to grow. Spain has supported several development projects in recent years. It supplied tractors and modern agricultural equipment worth about $8 million. Those projects strengthened cooperation between the two sides.
Officials believe the November forum will attract new investment and encourage technology transfer. They also expect it to increase trade and create more business partnerships. Both sides hope the event will support long-term economic growth and deliver benefits for companies in Spain and the Kurdistan Region.
