Kuwait: Reformists push private investment
Issue 1004
- 12 Nov 2015
| 2 minute read
With oil prices in the sub-$50/bbl discomfort zone, economic reformists believe Kuwait is better placed than in many years to drive through the new Kuwait Development Plan (KDP), which focuses on developing infrastructure through public-private partnership (PPP – see GSN view). This investment is the responsibility of the Kuwait Direct Investment Promotion Authority (KDIPA), a new government body which aims to catalyse local and foreign direct investment (FDI). A new PPP agency, Kuwait Authority for Partnership Projects (Kapp), has also started operations.
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