Dec-15-2013

The Arab Investment Meeting (AIM):”Investments Attractiveness Gap”, held under the patronage of H.H. Prime Minister of the State of Kuwait represented by H.E. Minister of Commerce & Industry, co-organized by Kuwait Direct Investment Promotion Authority (KDIPA), Arab Planning Institute (API), and Arab Investment Guarantee & Export Credit Corporation (Dhaman) concluded its two day deliberations on Thursday December 12, 2013, during which it tackled several pertinent issues related to the formulation of investment policies in line with development plans strategic goals and priority sectors, and the role of the implementing authorities in concentrating their promotional activities to enhance their respective countries appeal to attract larger share of direct investment into targeting sectors, and streamlining their investment climate for both local and foreign investors. KDIPA Director General has a speech in the opening session, and submitted a paper on the role of KDIPA in fostering direct investment in Kuwait. More than 40 dignitaries participated in this meeting including ministers, under secretaries, director general, from planning & investment ministries, and organizations in charge of investment promotion and export development. Regional organizations took part of which the League of Arab States, Gulf Investment Corporation (GIC), Arab Investors Union, and Al Iktissad Wa Al Amaal Group. Several recommendations were brought forward with one calling for establishment of a network or a forum for Arab IPAs, and another one came from the Arab League asking participants to encourage their countries to sign the amended Arab Unified Investment Agreement approved during Riyadh Economic Summit held on 21-22 January 2013. The participating delegates thanked the organizers for their hospitable welcome.

Click below for KDIPA DG Speech

http://www.kfib.com.kw/images/kuwait-dipa/december_15_b.pdf

Click below for KDIPA presentation

http://www.kfib.com.kw/images/kuwait-dipa/december_15_a.pdf