Kuwait Direct Investment Promotion Authority (KDIPA) participated in the Kuwait Islands Forum and the City of Silk, between dream and reality, under the patronage of His Excellency Sheikh Nasser Sabah Al-Ahmad Al-Sabah, Minister of Amiri Diwan and the organization of the Faculty Members Association – Kuwait University in cooperation with the Chinese Embassy on April 19 at the Sheikh Jaber Al Ahmed Cultural Centre.
Mr. Mohammed Yousuf Yaqoub, Assistant Director General for Business Development, represented KDIPA in this forum and participated in the panel session that discussed funding constraints and the potential to stimulate investments into the country.
Experts and specialists that took part in this economic forum highlighted that developing the Kuwaiti islands would lure investors and bolster the national economy. They also pointed out that the projects of developing the islands and the Silk City are likely to bring about an economic and trade shift in Kuwait that will in turn contribute to fulfilling His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s vision of transforming the State of Kuwait into a financial and trade hub.
