Falcon Group is one of Kurdistan's top firms, and boasts a diversified line of businesses. What sectors do you consider to be the cornerstones of your company?
The sectors that stand out are our construction, security and real estate services. Together, they form the lynchpin of Falcon Group’s development strategy. The continuous pursuit of growth and diverse business opportunities have driven our success.
What are Falcon Group's main objectives for 2016, and what is its medium-term development strategy?
Our goal is to maintain steady growth in core sectors, including security, real estate, construction, and oil & gas services, while looking out for new opportunities elsewhere. Kurdistan is still a growing region, and while many sectors of the economy have slowed in the past year, its long-term development model is sustainable and continues to attract investment.
To date, we have completed about 75% of the project and are currently working on the Empire West Wings, which features residential towers and three business towers. We will be handing over the keys of these landmark buildings next year.
Can you brief our readers on the construction of the Empire World project?
Empire World is a very large development that spans over 750,000sqm. It is probably the largest mixed-use development in all of Iraq. To date, we have completed about 75% of the project and are currently working on the Empire West Wings, which features residential towers and three business towers. We will be handing over the keys of these landmark buildings next year.
What distinguishes Empire World from other projects in the Kurdistan Region?
It's the thought which has gone into every stage of development, from the design and layout of Empire World, which was engineered by a top architecture firm in Dubai, to its facility management and prudent financial planning, which have ensured that the project has continued despite the credit crunch we are all witnessing in Kurdistan.