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KCCI to hold meeting tomorrow for Kuwaiti private sector ahead of (Invest in Iraq) conference
February 10, 2018, 4:06 pm

Kuwait Chamber of Commerce and Industry (KCCI) will hold a special meeting for the Kuwaiti private sector to brief them on investment opportunities to be tabled during the reconstruction conference, said the KCCI Director General Rabah Al-Rabah on Saturday. This meeting will precede the (Invest in Iraq) general conference, which is part of the overall Kuwait International Conference for the Reconstruction of Iraq (KICRI); to be held from 12 to 14 February, Al-Rabah said.

The (Invest in Iraq) forum will be co-organized by KCCI, Kuwait Fund for Arab Economic Development, Iraq's National Investment Commission and the World Bank.

Some 330 Kuwaiti private sector companies are interested in being involved in such ventures in banking, reconstruction and energy among other ventures, noted Al-Rabah. KCCI saw it as informative to hold such an orientation, he remarked. As near as 50 countries are expected to take part in the (Invest in Iraq) conference. Some US$ 85 billion in investment opportunities are available during KICRI, which will be chaired by Kuwait, Iraq, the European Union, the United Nations and the World Bank.

Source: KUNA

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