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Research Article Open access CC BY 4.0

Direct Foreign Investment in Kurdistan Region of Middle-East: Non-Oil Sector Analysis

Angus Okechukwu Unegbu, Augustine Okanlawon

Journal of Economics, Management and Trade · pp. 38–49 · Published 8 Dec 2014

10.9734/BJEMT/2015/14001

Abstract

Kurdistan Region is a tourist hub. This research analyzes other Non-Oil Sectors that have huge attractions of Foreign Direct Investments into the Kurdistan Region from 2005 to 2013. Comparative analysis was carried out between Iraq and the Region, and among influential Sectors of the Economy. T-test and ANOVA are statistical tools employed in testing the research hypotheses. The research identify that there exist significant Foreign Direct Investment inflows across the governorates in the region and among influential sectors of the Economy. The research also highlighted areas of high level of investment needs, sectors that have been crowded out and business opportunities in the region that requires huge Foreign Direct Investments. It is recommended that the Regional Kurdistan Government should embark on fiscal Cashless policies in order to stimulate further spill-off effects of attracting enormous Non-Oil Sectors of Foreign Direct Investments into the region.  

Kurdistan foreign direct investment (FDI) Non-oil sector analysis investment opportunities in Kurdistan

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