INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

China offers Kuwait help in developing its ports to boost maritime trade

Shuwaikh Port, Kuwait.
  • Chinese port official stresses the significance of port facilities in international maritime trade.
  • Kuwait's imports from China were worth $4.94 billion during 2020, according to the UN database on international trade.

China is willing to assist Kuwait to develop its ports given the significance of such facilities in the ##international maritime trade.

This was stated by Shanghai International Port Group chief Gu Jinshan during talks with Kuwait’s Consul General in Shangai Mishal Al-Shamali. The talks focused on plans to bolster bilateral cooperation, local media reports said.

Kuwait stands to gain from China’s “expertise” on port development and management, said the diplomat, citing Shanghai port as among the world’s busiest and most connected, even as global shipments were brought to a standstill during the COVID pandemic.

He praised Shanghai port’s use of “smart technology” to better manage day-to-day operations at the facility, saying that Kuwait looks to benefit from China’s knowledge on the matter.

Kuwait’s imports from China were worth $4.94 billion during 2020, according to the United Nations COMTRADE database on international trade.

Electrical and electronic items formed the bulk of the imports, followed by machinery and boilers.