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Wednesday , November 21 2018

Government keen on backing private sector, says Al-Sabeeh

PM attends inauguration of Phase 4 of Avenues Mall

Minister Hind Al-Sabeeh in a group photo during the inauguration of Phase Four of the Avenues Mall in Rai area.

KUWAIT CITY, March 22, (KUNA): Minister of State for Economic Affairs Hind Al-Sabeeh affirmed Thursday keenness of His Highness the Prime Minister Sheikh Jaber Al- Mubarak Al-Hamad Al- Sabah and the government on backing the private sector to be an effective partner in implementing “New Kuwait 2035” vision.

Al-Sabeeh, also Minister of Social Affairs and Labor, made her remarks to KUNA on the sidelines of the inauguration of Phase Four of the Avenues Mall in Rai area under the auspices and in presence of His Highness the Premier.

The Avenues has been recently listed as one of the largest shopping malls in the region and the world, she said, adding the inauguration would have a positive effect on backing family tourism in Kuwait.

Family tourism in Kuwait has grown notably in the last three years, the minister said, noting the number of Gulf tourists in the country has increased significantly to five million in 2017, compared to three million in 2015.

His Highness the Prime Minister is keen on diversifying the local economic base in the country based on the directions of His Highness the Amir Sheikh Sabah Al-Ahmad Al- Jaber Al-Sabah to make Kuwait an international financial and commercial hub, said Al-Sabeeh.

Global
Such care and support would also be able to face global economic challenges and changes, in addition to building main pillars for a local environment capable of achieving many goals of the country’s development plan such as a sustainable diverse economy, creative human capital, and advanced infrastructure, she noted. Al-Sabeeh also indicated that inaugurating Phase Four completes one of the largest projects in the country, and also affirms Kuwait is ongoing with attaining its 2035 vision through encouraging and backing the private sector.

Meanwhile, the renowned Kuwaiti developer and businessman Mohammad Abdulaziz Al-Shayea, Board Chairman of Al-Mabani Company, on Thursday affirmed determination to execute the top national strategy, Kuwait Vision 2035. Al-Shayea, who was in the spotlight today when he accompanied His Highness the Prime Minister on a tour at construction site of the fourth phase of the gigantic shopping mall the Avenues, affirmed that the mall has become the number one leisure and purchasing mecca for every family in Kuwait.

Moreover, the Avenues is luring a large number of tourists from regional countries, said Al-Shayea, the number-one man behind one of Kuwait’s top business landmarks. He expressed gratitude to the state officials for their ongoing support for the mall, which has become with the new expansion, one of the largest of such complexes in the world — of 360,000 square meters. The ceremony was attended by Deputy Prime Minister and Minister of Interior Sheikh Khaled Al-Jarrah Al-Sabah, Deputy Prime Minister and Minister of State for Cabinet Affairs Anas Al-Saleh, Deputy Minister of Amiri Diwan Affairs Sheikh Mohammad Al-Abdullah Al-Mubarak Al-Sabah, sheikhs, ministers and senior state officials. In a press statement, His Highness Sheikh Jaber Al-Mubarak hailed the new developments in the Avenues, adding that Kuwait is proud of this project locally and internationally. He also stressed on the importance of such projects, executed by the private sector in attracting foreign investments and boosting the country’s development plan

By Mohammad Al-Traydi

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