kuwait\s industrial investment hits kuwait dinar 31bn
Last Updated : GMT 15:30:33
Arab Today, arab today
Arab Today, arab today

Kuwait\'s industrial investment hits Kuwait dinar 3.1bn

Arab Today, arab today

Arab Today, arab today Kuwait\'s industrial investment hits Kuwait dinar 3.1bn

Kuwait - KUNA

The volume of industrial investment in Kuwait has amounted to KD 3.1 billion (USD 11.07 billion), according to recent statistics, Minister of Commerce and Industry Anas Al-Saleh said Sunday. This announcement was made in the minister\'s speech during the opening ceremony of His Highness the Amir\'s Prize for outstanding factories. He noted that Kuwait seeks to bring about an annual industrial investment of at least KD 500 million in accordance to the country\'s five-year development plan; achieving this goal would lift up the industrial growth to 12 percent a year. \"It would strengthen the country\'s economy and create job opportunities.\" Hence, the minister said, the creation of the Amir\'s Prize came to meet this strategic industrial goal. The Prize, supervised by the Public Authority for Industry (PAI), evaluates all kinds of industrial products within international standards and criteria. He added that six investment opportunities in petrochemicals was introduced with the cooperation of the Gulf Organization for Industrial Consulting (GOIC); the Organization was founded by the Gulf Cooperation Council (GCC) countries to achieve industrial cooperation and coordination between member states. This cooperation, the minister went on saying, would create diversity in the industry sectors among the GCC countries and induce full awareness on the concept of comprehensive industrial cooperation among investors in the Gulf region in order to produce high quality products. On his part, PAI General Manager Barrak Al-Sobaih said in his speech that there are tremendous efforts in encouraging local industries and developing local products. Therefore, the cooperation with GOIC would create 200 job opportunities for local manpower through the execution of six projects in Kuwait valued at USD 175 million

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait\s industrial investment hits kuwait dinar 31bn kuwait\s industrial investment hits kuwait dinar 31bn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait\s industrial investment hits kuwait dinar 31bn kuwait\s industrial investment hits kuwait dinar 31bn

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday