Be Part of Kuwait’s Vision

Kuwait is a founding member of the Gulf Cooperation Council and the Organization of Petroleum Exporting Countries. It has the 6th largest oil reserves globally, estimated at around 101.5 Bn barrels.

Kuwait is promoting unprecedented levels of infrastructure development activity aimed at realizing its long term vision of diversifying the economy and transforming Kuwait into one of the leading hubs for trade & logistics in the Middle East.

Increasing the involvement of the private sector is a key priority for the Government under its diversification program.

The Kuwait Government is making concerted efforts towards facilitating both local and foreign investment in Kuwait.

WEF’s Global Competitiveness Report 2015-16 ranks Kuwait at 3rd position among 140 countries in terms of overall macroeconomic environment and 1st position for Government budget balance as a percentage of GDP.

Kuwait is cost competitive in terms of power, water, land and labor. Power tariffs are subsidized by up to 86% by the Government with tariffs as low as US 1 cent/KWh for residential users and farms and US 0.5 cent/KWh for industrial users.