KDIPA woos foreign investors

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KUWAIT CITY, Dec 27: Kuwait Direct Investment Promotion Authority (KDIPA) has expanded the scope of cooperation with it through licensed companies and offices, which will be able to submit investment requests on behalf of local and foreign investors for the state’s development projects that the state will put forward through the authority, report Al-Rai daily. It has renewed the registration of 17 investment, legal and advisory bodies in this regard for a period of one year.

The list includes the Financial Center Company, Ernst & Young Consultants, RSM Al-Bazia for Administrative and Economic Consultancy, Constra for Project Management, in addition to legal companies and others. In another development, KDIPA received several inquiries regarding the Abdali Economic Zone project, the mechanisms of the competition for its bidding, and the timetable for its completion.

This news has been read 7890 times!

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