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The Sandi Group and Iraq’s private sector are both on the threshold of extraordinary growth. The combination of massive infusions of aid for reconstruction, the resurrection of Iraq’s oil industry and the release of pent up consumer demand are creating a vast range of business opportunities. The Sandi Group is uniquely positioned to take advantage of these opportunities directly and to assist our partners and customers in doing so as well.
There is no doubt that the environment in Iraq is challenging. Wrenching social and political change has created security issues as well as legal, political and regulatory ambiguities. It will be some time before multi-national corporations and international investors will be able to operate effectively on their own in Iraq. The Sandi Group has been designed to solve this problem. We offer a focused and complementary menu of services to allow multi-national companies and foreign investors to thrive in this environment. Our customers can rely on our execution skills and professionalism to deliver solutions to the challenges of Iraq, whatever their needs. At the same time, The Sandi Group is investing in facilities that complement these services, especially in the hotel sector.
Over the past year, the Group has emerged as one of Iraq's corporate leaders, helping the country on the way to stability and prosperity. Going forward, we will continue to grow and deepen our superb management team, expand our core businesses and deepen our international partnerships. We will also adhere to our corporate philosophy of not simply doing well in Iraq, but doing great as well.
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