Kuwait Investment Forum 2018 to be held on March 20 and 21
The State of Kuwait is rolling out investment partnerships and strategic investment opportunities valued at more than $ 100 billion in key economic and social sectors for investors that include information & communications technology, oil & gas, renewable energy, electricity & water, urban developments & housing, healthcare, education, transport, tourism, and the North zone development. The showcase of opportunities that bring long-term added-value and returns on investments is being highlighted at the Kuwait Investment Forum 2018 (KIF 2018) to be held on March 20 and 21 in Kuwait City, where several new deals are also set to be revealed.
Held under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber, KIF 2018 is co-organised by the Kuwait Direct Investment Promotion Authority (KDIPA), and the Kuwait Chamber of Commerce and Industry (KCCI) at the Bayan Palace and the Jaber Al-Ahmad Cultural Centre (JACC).
The event builds on the positive momentum gained globally following the country’s commitment to the Kuwait 2035 roadmap that aims to transform the nation into a world-class financial and commercial centre.
KIF2018 has remarkable confirmed guest speakers of prominent pubic officials, leading Kuwaiti business and financial community, as well as prominent international business executives. It has a crystallized agenda that underpins the future investment strategy and roadmap for global investors through interactive sessions with focused discussions that cover topics such as ‘Investing for the Future Kuwait’, which underpins the nation’s role as an important partner in the Belt and Road initiative (BRI), trade facilitation to enhance Kuwait’s leading position in integrated Logistics services and cross border supply chains, and on financing for sustainable development. There will be a dedicated session on a wide array of lucrative investment opportunities in the country’s dynamic growth sectors. In addition to a special feature on ‘New Kuwait’ in what is the first public discussion on the development roadmap since its launch last year. It will present a ‘Progress Report’ on the projects and developments under its seven pillars: Public Administration, Economy, Healthcare, Living Communities, Infrastructure, Human Capital and global position.
Kuwait has significant economic and commercial relations with India, while many leading Indian companies have their established presence in the country. There are significant opportunities for Indian companies to collaborate on the national development plan. The door is wide open for even more stronger Indian private sector partnerships will be showcased at KIF 2018 with a focus on some of the most attractive investment opportunities.
Ali Al-Ghanim, Chairman of the KCCI, said, “Kuwait is taking determined steps to continue its transformation into one of the world’s most competitive economies. In its re-emerging development narrative, the private sector has a significant role to play. The country has always been an open market economy, formed strong trade and commercial relations, and remains a strong believer in liberalization, which is maintains its dynamic and thriving nature. This and more, will be highlighted at KIF 2018 and investors are welcomed to see first-hand the opportunities available today that will enable them to build their solid operational base from the central location of Kuwait to engage with the rest of the region.”
KIF2018 will close with a vivid dialogue on ‘Kuwait’s Development Path: The Vision & the Determination’. The Forum will be attended by H.H. the Emir, the Prime Minister and his deputies, the ministers and high-ranking officials, the head of the Parliament, and the private sector, with international organizations.