Iraq: “Risky but Full of Opportunity”

There is money to be made in Iraq for companies that wish to invest in correct security measures, according to leading project management specialists Parsons Brinckerhoff.

Speaking during the fourth annual Construction Week Conference in Abu Dhabi, the company’s Iraq country manager Jeff Larkin told delegates that security remained a real issue for staff working in the country.

“The 12 years of sanctions in Iraq did more damage to the country following the first Gulf war than the war itself. There has been a lot of lost tech – the IT revolution that happened in the 1990s, Iraq lost out on that,” he said, according to Construction Week Online.

Under Larkin’s leadership, PB has led the resurgence of Iraq’s electrical reconstruction programme, a $US3.6 billion program to rebuild Iraq’s infrastructure.

(Source: Construction Week Online)

2 Responses to Iraq: “Risky but Full of Opportunity”

  1. Jamilette Torres November 3, 2010 at 7:15 am #

    Información relevante al tema de compra y venta de moneda.

  2. […] management specialists Parsons Brinckerhoff stated the obvious this week by saying Iraq is “risky, but full of opportunity”. After the war, the security and energy sectors were the most obvious risky opportunities. […]

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  1. Three New Equity Funds in One Month | Iraq Business News - November 4, 2010

    […] management specialists Parsons Brinckerhoff stated the obvious this week by saying Iraq is “risky, but full of opportunity”. After the war, the security and energy sectors were the most obvious risky opportunities. […]