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Dutch tops with $413.65 m FDIs in Kuwait

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KUWAIT CITY, Feb 13: According to official data, Kuwait succeeded in gaining the confidence of foreign investors, with Dutch direct investments in Kuwait worth USD 413.65 million topping the list, accounting for 38 percent of the total investment volume of about one billion dinars by the end of the last fiscal year, reports Al-Anba daily.

The data showed that China ranked second in terms of the total volume of direct investments in Kuwait, with a value of USD 126.35 million, accounting for 12 percent. The combined volume of direct investments by Dutch and Chinese companies in Kuwait amounted to about KD 540 million. Canada came in third place with investments amounting to USD 102.5 million, accounting for 10 percent, Spain in fourth place with USD 91.3 million, and the British Virgin Islands in fifth place with USD 88.25 million.

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