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KDIPA, Switzerland Global Enterprise sign Direct Investment Promotion MoU

A Memorandum of Understanding (MoU) on “Direct Investment Promotion” was signed between the Kuwait Direct Investment Promotion Authority (KDIPA) and Switzerland Global Enterprise, which aims to strengthen bilateral relations and expand the horizons of joint cooperation between Kuwait and Switzerland.

His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah and President of the Swiss Confederation Guy Parmelin attended the signing ceremony on Tuesday at the Lohn Castle in Bern, Switzerland.

The MoU was signed by the Director General of KDIPA Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah on the Kuwaiti side, and by the Chief Investment Promotion officer at Switzerland Global Enterprise Magalie Heraud on the Swiss side.

This memorandum reflects the commitment of both Kuwait and Switzerland to developing frameworks for economic and investment cooperation and to strengthening partnerships in areas of mutual interest, supporting direct investment opportunities and realizing mutual benefits. – Kuna




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