DOHA: The Kuwait Investment Forum 2018 (KIF 2018) to be held on March 20 and 21 in Kuwait City will put the spotlight on the robust investment opportunities in Kuwait for local, regional and international investors.
KIF 2018 is co-organised by the Kuwait Direct Investment Promotion Authority (KDIPA), and the Kuwait Chamber of Commerce and Industry (KCCI) at Bayan Palace and the Jaber Al-Ahmad Cultural Centre (JACC).
KIF 2018 will be attended by ministers and high-ranking Kuwaiti government officials, representatives of diplomatic missions in Kuwait, local and foreign investors, industry leaders and executives, consultants and financial institutions.
With the goal of driving inward investments to Kuwait by highlighting the economic competitiveness of the country, KIF 2018 will highlight the Government’s focus to strengthen several sectors and promote economic diversification – goals outlined by Kuwait Vision 2035, the strategic roadmap for long-term growth.
Ali Al Ghanim, Chairman of the Kuwait Chamber of Commerce and Industry (KCCI), said: “The Chamber supports the investment-friendly environment of Kuwait through various programmes and initiatives, such as e-services.
“We also supervise the Kuwait Commercial Arbitration Centre and system that promotes transparency and contributes to solving any commercial disputes efficiently in accordance with international best practices. In addition, we organise regional and foreign economic delegations to present Kuwait’s investment environment globally.”
“The private sector is the cornerstone of the future economy, and through KIF 2018, we are underlining the opportunities and returns that Kuwait assures investors.” Al Ghanim added KIF 2018 is being hosted on the backdrop of the significant growth in foreign direct investment (FDI) reported by the country,” said Sheikh Dr. Meshaal Jaber Al Ahmad Al Sabah, Director General for Kuwait Direct Investment Promotion Authority (KDIPA).
“FDI to Kuwait has increased to over $2.3bn in the past two years, and we are confident that KIF 2018 will lend further momentum to the inward inflows. With our investor-friendly laws, a world-class business environment, strategic location and the robust growth in our telecom, information technology and financial sector, Kuwait offers incredible value for Arab, GCC and international investors, especially in building their business footprint in the region.”
He added: “The Kuwait Investment Forum is a significant platform that showcases the investment landscape of our country as well as the tremendous opportunities offered to Arab, GCC and international investors in a number of high-growth areas. It complements the strategic vision of His Highness the Amir Sheikh Sabah Al Ahmad Al Jaber to transforming Kuwait as a dynamic hub for business.
Among the key topics to be discussed by KIF 2018 include investment in ‘Future Kuwait’; Trade Facilitation – A Driver for Development; Investment Opportunities- Lucrative Options in Dynamic Sectors, Financing for Sustainable Developments and Dialogue on “Kuwait Development Path: The Vision & the Determination”.
