LOC16:12
13:12 GMT
KUWAIT, April 24 (KUNA) -- The Kuwaiti-Saudi Economic Forum, scheduled in Kuwait on Monday, is an opportunity for the Kuwaiti business community to identify development projects in Saudi Arabia, Kuwait's Chamber of Commerce and Industry (KCCI) said Tuesday.
The event will be co-organised by the Council of Saudi Chambers, and is aimed at opening up new investment and trade horizons between the two countries, said KCCI Director General Rabah Al-Rabah.
A high-level Saudi economic delegation, headed by Chairperson of the Saudi body Ahmed Al-Rajhi, will participate in the forum.
The Saudi delegation will include more than 40 Saudi companies as well as representatives from the General Investment Authority, the Economic Cities Authority and the Export Development Authority, Al-Rabah said.
During the forum, presentations on investment opportunities available under the Kingdom's vision 2030 will be delivered, in addition to the introduction of its economic cities project and services provided in an aim to attract foreign capital.
Al-Rabah called on the Kuwaiti business community to participate in the forum due to its strategic economic importance as a huge commercial market that is able to absorb a large amount of goods and services. (end)
ht.ss