Saturday, August 7, 2010
Does Iraq have better prospects than Britain?
Today Baghdad is a boom town, rather than a bomb site. If I were a young man, looking to make my fortune, I would be off to Iraq like a shot. Plenty of other young men are there already - Russians, French, Germans, Swedes, Chinese of course, even Turks and Lebanese. As one local politician remarked, when the Lebanese arrive you know there is money to be made. Nowhere is that more true than in the northern region of Kurdistan. The city of Erbil looks like Dubai 15 or 20 years ago. While thousands of foreigners were setting up companies all over Iraq, the British were noticeable by their absence. Adventurous entrepreneurs should realise that there is an opportunity in Iraq that rivals the gold rush.