Kuwait to drive a new era in global geopolitics and growth with Northern Gulf Gateway project
[via Saudi Gazette]
The first session of the Kuwait Investment Forum 2018 (KIF 2018), on ‘Investing for the Future Kuwait’ presented a bold statement in global geopolitics from Kuwait – driving the closer cooperation with the region – through the ambitious Northern Gulf Gateway, an integrated flagship project for realizing the Kuwait National Vision 2035 that will open doors for investment opportunities for US, European, Chinese and Asian investors.
Sheikh Nasser Sabah Al-Ahmad Al-Sabah, first deputy prime minister and minister of defense, Kuwait; Dr. Merza Hasan – executive director & dean of the board of executive directors, World Bank Group; Omar Kutayba Alghanim – CEO, Alghanim Industries & chairman, Gulf Bank Kuwait; Timothy Keating – executive vice president of government operations, Boeing Company, USA; and Ms. Noura Al-Qabandi – director of international affairs and research department, CITRA, Kuwait, addressed the session.
Alghanim said: “Our growth story has only just begun. We are an open, transparent market place, we are the oldest democracy in the region, and we have a healthy balance sheet and geographic location. There is no better time than now to be part of the Kuwait story, underlined by the practical changes we see around us. International corporations are opening office, and with our administrative and regulatory changes, we are open to global business. Since the inception of our SME Fund, more than $7 billion was set aside for them. Such support doesn’t happen in any other country.”