Oxford Business Group teams up with Kuwait Direct Investment Promotion Authority

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KUWAIT CITY, March 23: Kuwait plans to pivot sustainable growth and diversification at the core of its longterm strategic development that are mapped out in a new Growth and Recovery Video titled “Leveraging Kuwait’s Strategic Location through the Development of Economic Zones”, produced by Oxford Business Group (OBG) in partnership with the Kuwait Direct Investment Promotion Authority (KDIPA). The video promotes Kuwait first economic zone in Al Abdali which is strategically located in northern Kuwait near the Iraqi border and close to the mega Northern Zone project and the planned Mubarak AlKabeer port.

It show cases Kuwait’s efforts to attract impact investments into Al Abdali Economic Zone to contribute to Kuwait’s growth and recovery, through the creation of competitive clusters in high value-added industries that support the current national efforts to transform and diversify the economy, develop national exports, foster innovation, and create new job opportunities for young citizens.

The overall impact in line with the IMF assessment of Kuwait’s economy to be well on the path to post-pandemic recovery, with real GDP estimated to have grown by 8.7% in 2022, and to maintain a strong outlook over the medium term.

Commenting ahead of the video’s launch, Marc-André de Blois, OBG’s Director of PR and Video Content, said that “Our video gives a valuable snapshot of what investors can expect to find at the country’s new economic zone in Al Abdali, while highlighting the important role of the other economic zones to be duly developed as initiatives driving industrial development.” OBG’s Growth and Recovery Video series form part of the company’s suite of highly relevant, go-to research tools, providing essential information on developments across key economic segments and their prospects for future growth, as the global economy moves towards recovery. The tailored broadcasts are produced with OBG’s partners, alongside other content, including a range of country-specific outlook articles and interviews.

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