Kuwait Direct Investment Promotion Authority (KDIPA) organized the Fourth Public – Private Open Dialogue on Doing Business in Kuwait, on January 15, 2018 at the Regency Bed’a Hotel. The open dialogue was attended by H.E. Minister of Commerce and Industry (MOCI) and Minister of State for Youth Affairs Khaled Nasser Al-Roudan, Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director General of KDIPA and Head of the Permanent Committee for streamlining Business Environment in Kuwait (PCK), members of PCK, the contributors from local legal and consulting firms and companies who filled the questionnaires for Kuwait in the World Bank Ease of Doing Business Report 2018 (DB2018), the working teams of the PCK members, along with representatives of the World Bank Kuwait office, and the Technical Support Office for Istidama Program at the Ministry of Finance.
H.E. Mr. Khaled Naser Al-Roudan expressed the government genuine concern in effecting reforms yielding a more conducive business environment for attracting investments and fostering trade. He also acknowledged the positive results displayed in DB2018 report particularly pertaining to starting a business topic, reflecting the positive outcome of collaboration and emphasizing the need to continue the long road of reforms.
Ms. Mona Salim Bseiso, economic consultant at KDIPA, and member of the PCK provided a summary of Kuwait position in the Ease of Doing Business Index 2018. This was followed by a general overview given by Mrs. Reem Mohamed Al-Banwa, Director of Planning and Competitiveness Department at KDIPA, and the Rapporteur of the PCK, on emerging mechanism to ensure proper implementation of the National agenda for streamlining business environment in Kuwait (Tahseen Program), thus introducing the four working teams who showed relevant developments and information pertaining to measures undertaken and improvement impacting the business environment: Ministry of Commerce & Industry (starting a business topic), Kuwait Municipality (Obtaining Construction permits), ministry of Electrify & Water (Getting electricity), and General Directorate for Customs (Trading across borders). The event ended with a Q&A session for the audience addressed directly to the working teams.
For more information on PCK visit tahseen.kdipa.gov.kw