GE Opens New Offices in Iraq

November 25th 2011

www.iraq-businessnews.com

GE marked the opening of its dedicated office in Erbil, the capital of the Kurdistan Region of Iraq, with the first GE Day. The event underlined the company’s focus on strengthening public private partnerships, highlighted by the recent multi-million dollar, multi-year agreement with Mass Global Investment Company to support power distribution in Northern Iraq. GE also committed to enhancing localization by creating new jobs and promoting knowledge transfer through training programs.

At the GE Day, over 200 government dignitaries and customers were present and a high profile panel discussion was held on the importance of ‘Public Private Partnerships to Drive the Growth of Kurdistan’ was held attended by His Excellency Nawzad Hadi, the Governor of Erbil; Nisar Talabany, the Advisor to the Kurdish Government; Diyar Babon, Director General of Kurdish Ministry of Electricity; Ahmed Mufti, Energy Expert to the Kurdish Government; Herish Muharam, Head of the Investment Board of the Kurdistan Region; and Nabil Habayeb, GE’s President & CEO of GE For MENAT.

One of the world’s leading technology providers in energy, aviation, healthcare, transportation and capital, GE put the spotlight on how the private and public sectors can work together to support the growth aspirations of the Kurdistan Government in line with its Strategic Plan, and how these partnerships can promote the economic welfare and well-being of the Kurdish people.

John Rice, Vice Chairman and President & CEO for GE’s Global Growth and Operations, who attended the GE Day, said: “The business friendly policies of the Kurdish government and the focus on infrastructure development are strong drivers for businesses, and have already brought about a transformational change to the region in a short span of time. In driving Kurdistan’s economic growth, public private partnerships have a central role to play, as envisaged by the Government’s Strategic Plan.

“With the opening of our office in Erbil, we are further underlining our commitment to support Kurdistan’s onward journey of development by bringing our advanced technologies, promoting localization and transferring advanced skill-sets.”

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