KUALA LUMPUR, May 18 (KUMA) -- Kuwait Direct Investment Promotion Authority (KDIPA) Chairman Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah has held a series of meetings with investment and trade bodies in Hong Kong during an official visit, to boost bilateral ties.
Kuwait's General Consulate in Hong Kong and Macau said in a statement that the KDIPA chief submitted a proposal for the Asia and Africa Committee Chairman at Hong Kong's General Chamber of Commerce Andrew Wells for investing in Kuwait.
Kuwait has attracted investments worth USD 2.3 billion in less than two years, Sheikh Dr. Meshaal said.
The KDIPA Chairman encouraged the members of the committee to visit Kuwait in order to learn more about the investment opportunities in the country, and to consider Kuwait a take-off point for investing in neighboring countries like Iraq and Iran.
He also tackled the KDIPA's activities, reviewing several successful projects carried out by licensed companies working in Kuwait.
He also discussed options of further cooperation between both sides in the small and medium size enterprises (SMEs), which constitute 95 percent of Hong Kong's economy.
Shiekh Meshaal and the local investment officials discussed means of boosting cooperation and exchanging expertise between both sides as Hong Kong has a deep-rooted history as an international financial center.
KDIPA Chairman held a meeting with the Hong Kong Trade Development Council (HKTDC) and offered an official invitation to HKTDC Deputy Executive Director to visit Kuwait in order to get more familiar with the commercial and investment environment in the country. (end)