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Home International Customs Kuwait

Kuwait developments and projects unveiled at KIF 2018

byCT Report
24/03/2018
in Kuwait
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KUWAIT CITY: Kuwait Investment Forum 2018 (KIF 2018) took place from March 20 – 21 with the theme, Investing for the Future Kuwait, and focussed on the Northern Gulf Gateway, an integrated flagship project to help accomplish Kuwait’s National Vision 2035.

Specifically, the country’s vision is anticipated to open many doors for investment opportunities from US, European, Chinese and Asian investors. Panellists at KIF underlined the importance of fostering regional and global liberalisation, trade integration and cultural integration, and the leading role of the private sector in development, financing and investment, as well as the need to introduce legislation and supportive systems for sustainable development.

Highlighting the role of the Forum and how it supports the goals of Vision 2035, Merza Hasan, executive director, World Bank Group, said, “What really underscores Vision 2035, a transformative initiative is that it will drive the Kuwait economy from a single-resource economy to a diversified and dynamic economy.”

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