KUWAIT: A delegation from the Federation of UAE Chambers of Commerce and Industry and officials of the Kuwait Chamber of Commerce and Industry have discussed ways of boosting cooperation and promoting investment opportunities in the two countries.
The discussion happened at a meeting attended by Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and officials from the Kuwait Chamber of Commerce and Industry, the business community in Kuwait, the Department of Economic Development – Abu Dhabi, Abu Dhabi Investment Office, and the Industrial Development Bureau.
“The ever-growing relationship between the UAE and Kuwait goes back six decades,” Al Mazrouei said.
Al Mazrouei called upon the private sector in Kuwait to be a key and active part in the process of building partnerships, wishing that the next period would witness joint ventures between the two countries.
The Emirati delegation delivered several presentations on the UAE’s infrastructure projects, the public-private partnership in Abu Dhabi, and the available investment opportunities in the health and logistics sectors.
During the meeting, Al Mazrouei noted that exchanged visits allow businesses to share experiences and take a closer look at the investment climate and the available investment opportunities in key sectors.
He said both the UAE and Kuwait believe in the importance of economic and trade cooperation and the need to activate their relations in all economic, industrial, trade and investment sectors.
Mohamed Jassim Al Saqr, Chairman of Kuwait Chamber of Commerce and Industry, said the UAE is one of the key trade and investment partners of Kuwait and hoped the cooperation to grow between the business communities in Kuwait and Abu Dhabi in key sectors, including healthcare, education and food security.