Going to Iraq for Biz

**Isaaconfire** · 04-22-2009 09:35 PM

Guys, I had been working in Baghdad since 2003-2007, doing service to CPA(COALITION PROVISIONAL AUTHORITY), and I made my first dollar there. From my experience I noticed Iraq is now the BEST PLACE in the world to make business.

1, Iraq has the second largest oil reserves in the world, right after its neighbour Saudia Arabia, which means its economy has tons of potential if the security is getting better, actually it is getting better every single day compared to the situation before 2005.

2, A war-torn country will go through a process of reconstruction, which is been underway for some time, but greater efforts are expected to come. Reconstruction will need a lot of construction materials, the houses in Baghdad, most of them were built in 1980s, many of them even do not have a underground sewer system. Iraq will need a lot of import. Plus, Baghdad stocks exchange is coming back again with most stocks very much devalued, and their values are very much lively go more than 10 times higher years later.

3, Kurdistan in the North, a semi-autonomous region, is booming with all kinds of business activities, international oil companies are busy digging oils, and neighbouring Turkey are doing imports and exports, workers from south east asia are flushing to that area for business opportunities. Most importantly, those Kurds are very much friendly with Americans.

4, The world is into a recession, and we do not see the its end coming soon. Those under developed Iraqi North (Kurdistan), the South( Al Basra), with its oil reserves, with its good will toward foreign investments. Iraqi governments passed laws to attract foreign investment and to protect its interests. And Iraq is heading to be the most and only real democratic in the middle east region, its future can be compared to nowadays DUBAI, QATAR...

5, I am not talking about making a living like making steaks in the neighborhood. I am talking about real business. The real juicy...these things need great valor and wisdom.

6, If any of you guys are interested in coming to Iraq for a business, let me know. So we can straight out the details about what to do. My spoken english is good but I am not sure if I typed the right phrases. Anyway, contact me if you are interested, maybe I could bring a partner with me this time.

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