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Roadmap to increase jobs offered by Kuwait's private sector - Minister
May 21, 2017, 2:57 pm
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Kuwait has drawn up a roadmap to boost the perceptions of business index over the coming five years, together with increasing the job opportunities offered by the private sector, said Minister of Commerce and Industry and Acting Minister of State for Youth Affairs Khalid Al-Roudan.

Al-Roudan revealed the plan on Sunday in a statement to a panel discussion on streamlining trade and investment in the region, held on the third and final day of the World Economic Forum (WEF) on the Middle East and North Africa at the Dead Sea, Jordan.

He added that Kuwait is hard at work to bolster the non-petroleum gross domestic product (GDP) over the five years to come, with an annual rate of 4 percent, through turning the country into a trade hub. This will be achieved via improving the business environment; creating new economic opportunities; providing means to secure success and growth of business; and developing the relevant legislations, including trade laws, Al-Roudan told the session.

Themed "Empowering Generations into the Future," the forum that started on Friday and opened its main session a day later, has grouped about 1,100 public and private sector officials as well as political and business leaders from more than 50 countries.

Empowering women and youth, creating jobs for the unemployed, addressing the needs of refugees and host communities and e-extremism were some of the topics discussed during the WEF sessions. This was the 9th World Economic Forum on the Middle East and North Africa Jordan hosts since it was first held in the Dead Sea in 2003. 

Source: KUNA

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