Search This Blog

Thursday, 10 September 2009

Common ground in Kurdistan

Not many businessmen cite safety as the biggest attraction of investing in Iraq. But for Maaruf Ataoglu, owner of an Istanbul-based restaurant and construction group, Iraqi Kurdistan is a haven.

An ethnic Kurd, Mr Ataoglu first came to the region in 1992, when he was involved in pro-Kurdish politics in Turkey. In 2004, urged by Jalal Talabani, now the Iraqi president, he returned to invest more than $5m and open what was then Suleimaniya's most sophisticated restaurant.

But the connection with Mr Talabani caused him difficulties in Turkey. When rebels from the separatist Kurdistan Workers Party mounted a murderous cross-border attack on Turkish soldiers, he faced accusations of channelling funds from Mr Talabani to the militants.

Reblog this post [with Zemanta]

No comments:

Post a Comment