On 06/02/2011 H.E. Dr. Ali Sindi, KRG Minister of Planning, led the 7th Donor Meeting in Kurdistan Region. Donor Meeting is a bi-monthly informal meeting between the Ministry of Planning and the foreign diplomatic representation in Kurdistan as well as the UN and other international organizations. The topic of this meeting was the private sector development in the Kurdistan Region.

The Minister of Planning briefed the participants on the KRG’s private sector policies and plans. He added that the stable situation in the Region and the attempts to modernize the relevant legal framework are enabling factors for the development of the private sector. He asked the participants to contribute to the process of further developing this sector to achieve economic progress and prosperity.

Mr. Hersh Muharem, Chairman of the Investment Board, presented a highlight on the investment situation and needs for further development. Mr. Paolo Lembo, UNDP Country Director, highlighted the UN contribution to the private sector development through various projects and programmes.

Finally the Minister of Planning encouraged the participants to prompt the true picture of the Kurdistan Region and encourage the investors to come and contribute to the development process of the Kurdistan Region.