KDIPA organizes a seminar for offset programs

The Countertrade Offset Department at Kuwait Direct Investment Promotion Authority (KDIPA) organized a seminar for offset programs, on June 4, 2017 concerning implementing the commitments toward the projects registered in the offset program before the Council of Ministers Decision No. 1212 of 2015 dated August 24, 2015.

In this seminar, 52 companies that are registered in the program have participated and listened to a presentation introduced by 14 governmental and nongovernmental organizations about the list of projects that serves the national development plan goals, designated by the Council of Ministers Decision No. 400 dated March 27, 2017.

Ms. Manal Jaber, the Director of the Countertrade Offset Department, represented KDIPA in this seminar and gave a presentation regarding the procedures that will be followed to execute the designated projects, as well as showing the stages the program has crossed since the Council of Ministers Decision No. 691 of 2014 dated May 26, 2014, to transfer the offset program from the Ministry of Finance to KDIPA.