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Kuwait Praises Role of Private Sector in Development

Source: www.export-egypt.com 2/27/2016, Location: Middle East

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Dean of the Diplomatic Corps, Kuwaiti Ambassador to Bahrain Sheikh Azzam Mubarak Al-Sabah said here that Kuwait's private sector is a key partner and big contributor to the development and evolution process both at the level of Kuwait or the Gulf Cooperation Council.

The Ambassador said in a press statement on the occasion visiting 'Durrat Al-Bahrain' mega project that the ongoing economic development in the Kingdom of Bahrain boosted the success of investment opportunities and the entry of foreign investors, including Kuwaitis under the umbrella of flexible and accurate economic legislation introduced by the government of Bahrain.

He stressed the importance of the Kuwaiti private sector's efforts in the Kingdom of Bahrain and the floating of developmental projects that serve the national economy, referring to this project that has been established south of the kingdom.

He praised the national events hosted by the Chairman of the Project Management Nawaf Khalid Al-Marzouq coinciding with the national holidays of Kuwait, praising its success in attracting Kuwaiti and Bahraini nationals who were keen to share the joy of national holidays of Kuwait. The project comprises a marina, villas and appartments.

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