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

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.

Do PESTLE Factors Impact the Development of Non-oil Manufacturing Companies in Oman?

“…In the same way, Nwanne (2014) as he investigated the relationship between diversification of non-oil export products and economic growth he was of the view that the government should enforce non-oil export policies towards resuscitating the failing non-oil export industry, he revealed that the policies on non-oil products during the period in Nigerian do not sufficiently encourage non-oil export, thus reducing their contributions to growth. Likewise, Unegbu and Okanlawon. (2015) agreed that the 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.…”

Kuzey Irak’ta Tarim Sektöründe Doğrudan Yabanci Sermaye Yatirimlarinin Değerlendi̇ri̇lmesi̇

“…In this context, a research conducted by Unegbu and Okanlawon (2015), analyzed the FDI in Northern Iraq region of Iraq: Non-Oil Sector, while the researchers mentioned that Northern Iraq region is a tourist hub. However, the research analyzes other Non-Oil Sectors that have vast attractions of FDI into the region during the period 2005-2012.…”