Kurdistan Region continued to attract investment despite ongoing regional tensions and drone attack risks linked to the Iran conflict. Over the past three months, authorities issued 25 new project licenses to investors.
Bargasht Akrayi, spokesperson for the Kurdistan Regional Government’s Investment Board, said the government focuses on expanding investment across multiple sectors. He explained that agriculture, tourism, and industry received the largest share of new licenses. He added that Prime Minister Masrour Barzani prioritizes increasing regional revenue through economic diversification and supporting private sector growth.
Akrayi confirmed that all 25 licenses went to domestic investors across the region’s provinces and autonomous administrations during the first three months of this year. He noted that the approved projects include trade, industry, tourism, services, and agriculture. Investors continue to show interest despite regional security concerns, especially drone-related threats linked to wider regional tensions.
Officials emphasized that investment activity remains strong even under uncertain security conditions. The government continues to support new projects to maintain economic stability and create job opportunities.
According to the Investment Board, the ninth cabinet has approved 740 investment projects so far. These projects represent a combined value of around $25 billion. Authorities also confirmed that seven licenses went to foreign investors. In addition, four projects involved partnerships between local and international companies.
These joint ventures and foreign investments account for about $6 billion of the total investment value. Officials said these figures reflect growing confidence in the region’s investment environment.
Despite security challenges, Kurdistan continues to position itself as an active investment hub. The government maintains that economic development remains a key priority alongside efforts to manage regional risks and protect ongoing projects.
