ERBIL - The Economic Forum between Kurdistan Region and Germany at the Hall of Martyr Saad Abdullah in the city of Erbil, starts in the presence of Peter Gamzaoh German Minister of Transport and Construction , Kamran Ahmed, KRG Minister of Construction , Dilshad Shehab, KRG Minister of Municipalities and Tourism , Sinan Chalabi, KRG Minister of Industry and Trade of the Regional Government Kurdistan and Nawzad Hadi, Governor of Erbil and representatives from 50 German companies and many local companies.

The Kurdistan Region is in a developing stage. There are tremendous investment and development opportunities in the Kurdistan Region and German companies are ready to offer their expertise and knowledge and are willing to participate in the process of developing the Kurdistan Region

The German delegation met Prime Minister Nechirvan Barzani, who thanked them for their willingness to be part of the Kurdistan Region’s development process. “We welcome German companies to the Kurdistan Region. They can play a crucial role in the process of developing our region and we assure the German companies of the Kurdistan Regional Government’s (KRG) full support and assistance,” he said.

At the opening of the economic forum, the Minister of Housing and Reconstruction Kamaran Ahmed emphasized the importance of furthering relationships particularly in the fields of economy, trade and industry. He said, "This forum is a good opportunity for German businessmen to learn more about the business opportunities and business climate in the Kurdistan Region as well as to exchange views with Kurdish businessmen to build strong relations for future cooperation.

Minister Ramsauer said, "The Kurdistan Region is in a developing stage. There are tremendous investment and development opportunities in the Kurdistan Region and German companies are ready to offer their expertise and knowledge and are willing to participate in the process of developing the Kurdistan Region”, he said.

He said that the aim behind holding this forum is to develop a plan to promote trade and economic relations between the Kurdistan Region and Germany.