If you work in the UK Construction sector and are looking at opportunities to win business internationally then this trade mission will be of interest.
The Kurdistan Region is an emerging market offering excellent opportunities for UK companies.
1. Prospectus for
Iraqi Kurdistan Trade Mission for the
UK Construction sector
Erbil, Kurdistan May 2012
In association with Kurdistan Regional Government
www.propertyevents.co.uk
www.ctgrouptravel.co.uk
www.krg.org
2. Contacts
Property Events
10 Margaret Street
London W1W 8RL
Contact Giles Fallan
TEL 07824 445348
Email giles@propertyevents.co.uk
CT Group Travel
33 Mount Pleasant
Tunbridge Wells
Kent TN1 1PN
Contact Lyndsay Snowden
Tel 01892 673435
Email lyndsay.snowden@ctgrouptravel.co.uk
British Embassy Office Erbil
Erbil
Iraq
Contact Beverley Simpson – Deputy Consul General
Email Beverley.simpson@fco.gov.uk
Kurdistan Regional Government Representation in the UK
London
Contact Vian Rahmam
TEL 0207 170 4300
Email vian.rahman@krg.org
3. Erbil; May 14th-17th 2012
If you work in the UK Construction sector and are looking at opportunities
to win business internationally then this trade mission will be of interest.
The Kurdistan Region is an emerging market offering excellent
opportunities for UK companies. The city of Erbil is seen as the gateway
to Iraq for international organisations and therefore is expanding rapidly.
The area has a stable security situation and a thriving economy, there is a
young and increasingly prosperous population of nearly 4 million, the
Kurdistan Region covers about 40,000 square kilometers, around the
same size as the Netherlands or Switzerland.
Economy
The Kurdistan economy is in a strong position and is already attracting a
growing number of investors from the Middle East and beyond.
Economies such as Dubai and Kuwait have fared poorly over the last 2
years and their outlook is not great. Other Middle Eastern areas are less
affected and Kurdistan is one of these. Property and construction is the
fastest growing area of the Kurdistan economy.
The Erbil skyline is undergoing a massive face-lift. Five star hotels and
luxury homes are becoming a common sight. Prior to the US-lead
invasion in 2003, none of this existed. ‘Constructing the future’ is the
slogan around the city. Three-quarters of the buildings in the city are new
or recently renovated.
This mission is a chance to promote your products and services to the
leading private and state run organisations involved in Kurdistan property
sector.
We will introduce you to key individuals responsible for the procurement
of products and services within the construction sector.
We are currently working closely with a number of Iraq based companies,
one who is building a 22000sqm 5* Hotel and are looking for UK
organizations to help with the internal design and fit out. This trip will
give you the opportunity to meet and discuss your products or service
with key members of their development team.
4. What this trade mission can offer you.
There are extensive British Business opportunities in Iraq for the UK
construction sector, this mission is a chance to promote your products
and services to the leading private and state run organisations involved in
Kurdistan property sector. The trip is organised in association with the
Kurdistan Regional Government.
Reasons to attend
• Meetings will be arranged for you with key individuals from the local
government and state departments along with private sector
organisations all who will have procurement roles or be key
influencers in the Kurdistan construction sector.
• Property Events, together with CT Group Travel, have experience
and expertise in organising Trade Missions around the globe and in
particular to the Middle East.
• A Trade Mission to Iraq in October 2011 was a hugely successful
event for all concerned with 50 British Companies making up the
delegation many from the property sector.
• The Mission will be lead by the Kurdistan Regional Government in
Erbil so you can be sure of a first class programme of events.
• There is a pre-Mission Briefing held in central London which will
provide an overview of the area and opportunities that exist for UK
companies.
• You will benefit from an excellent group travel package that
includes flights and 4* accommodation.
• The FCO travel advice distinguishes the Kurdistan Region from other
parts of Iraq, reflecting its relative stability, peace and security.
• There will be an electronic brochure that will promote your product
or service to potential clients, which will be translated into
Kurdistan.
5. Major Construction Projects
• The Iraqi government is currently investing $25 billion in housing
projects, $8 billion on transportation and $5.5 billion for water and
sewage facilities.
• The government is to build 3.5 million new homes over the next
decade, some 350,000 units per year
• Over $30 billion is to be invested in housing and commercial
projects in Baghdad over the next 10 years
• Iraq needs to invest over $100 billion in new housing
• Key infrastructure projects include the $3 billion Karbala
international airport, $7 billion Baghdad airport and $3 billion
Baghdad rail network
• $4 billion has been allocated for investment in hospitals and clinics
in 2012, including 10 hospitals with 200-bed capacity
• $1.5 billion has been allocated for residential and infrastructure
spending in 2012
• Real estate projects include a $20 billion project outside of
Baghdad, a $50 billion housing project near Karbala, and $2 billion
housing project in Mosul
• Since 2003, over 100 private investors from 26 countries have
announced real estate projects in Iraq
• Between 2012 and 2014 Iraq's industry is forecast to grow 6.18%
year-on-year
6. Outline programme of events
Day one
Travel to Erbil
Evening Reception hosted by the Kurdistan Regional Government
Day two
Presentation of opportunities by KRG & UKTI
Meetings with ministers and officials
Group meetings with developers / construction companies
Evening reception hosted by UKTI
Day three
Small group meetings relating to delegates sector of industry
Lunch hosted by Erbil chamber of commerce
Tour of live Hotel project in central Erbil hosted by the developer
Free time for own appointments (we can help organize)
Evening reception Hosted UKTI
Day four
Travel home
Pre departure briefing
There will be a briefing held at the London offices of KRG about 2 weeks
before the event. The briefing will clarify all administrative and logistical
arrangement and will give an initial presentation on the Kurdistan market
and the opportunities that lie within. Newcomers to Kurdistan will find this
particularly useful.
Brochure
An electronic mission brochure will be produced to help promote the trip
and the companies participating. A profile of each company will be
included along with a forward from the Kurdistan Regional Government
explaining the reason for the mission and inviting organizations to take
part in the networking events. The brochure will be distributed to state
officials and private organizations involved in the property sector in Erbil.
7. Travel package
The cost of the trip will include all travel and accommodation.
The travel itinerary includes
Return economy seats with Austrian Airlines
Accommodation in Erbil
Breakfast
All transfers to and from the airport
Transport whilst in Erbil
Transport
The KRG will provide the mission’s travel requirements including airport
transfers for the groups flights. It is normal for mission delegates to
travel in Toyota Land Cruisers or mini buses on all journeys in and out of
town. The Kurdish security force, The Pershmergar, is efficient and
maintains a generally low profile.
Health Requirements
Delegates are advised to consult their GP to obtain the most up to date
information regarding vaccinations and health requirements.
Travel Insurance
It is the responsibility of each mission member to ensure that he / she is
adequately insured for this mission. We recommend that you check with
your insurance company that the Kurdistan region is covered in any
existing policy.. Whilst we cannot recommend an insurance provider we
can, if required pass on details of an insurer used by mission delegates
for past Kurdistan trips.
VISA Requirements
British Passport Holders, providing they enter the Kurdistan region of
Northern Iraq via Erbil Airport and that the reason for the visit is business
do not currently require a visa. Holders of non-British passports should
contact us as other requirements may apply.
8. Cost of the trip
TBA
Participants should speak to their local Business Link or UKTI
representative, as grants may be available to help cover the cost of this
mission.
How to book
To reserve your place on this trip simply email us at
giles@propertyevents.co.uk we will then issue a reservation form.