01 March 2012, Erbil – H.E. Dr. Ali Sindi, KRG
Minister of Planning, met the KRG's Companies and Contractors Classification
Committee.
The purpose of the meeting was to amend
Regulation Number (1) of (2007), related to registration, classification and
grading of companies and contractors in the Kurdistan Region. Members of the
Committee presented changes and amendments to some Article of the Regulation,
and then the Minister of Planning presented his observations on the topic.
It is worth mentioning that these amendments
offer more flexibility and decreases the bureaucratic procedures of the
classification process. This was necessitated by the fact that the number of
companies, operating in the various sectors in the Kurdistan Region, is on the
rise.
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