The Grounding of Kurdistan's Towering Ambitions

The Grounding of Kurdistan's Towering Ambitions

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic challenges faced by Erbil, Iraqi Kurdistan, due to the threat of ISIS and disputes with Baghdad over oil revenues. The city is filled with unfinished buildings, reflecting a significant decline in the construction sector. However, there are signs of recovery as oil sales via Turkey resume, and some investors see potential opportunities. The video highlights the sources of investment, including local buyers and foreign investors from the UAE, Gulf states, UK, and India. Reviving a deal with Baghdad could inject substantial funds into the economy, potentially revitalizing the construction industry.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential does the Falcon Group see in the current market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do foreign investors play in the real estate market of Erbil?

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