The Kuwait Direct Investment Promotion Authority (KDIPA) has given nod for the Austrian Vamed Management Company for hospital management to enter Kuwaiti market, by establishing a new company under the name ‘Vamed Kuwait’.
The new company’s contract indicates its main purpose will be hospital and projects management, and KDIPA is expected to continue to attract many international companies to Kuwait, and disclosed licenses have been issued to companies of 21 different nations spread over four continents, which indicates the great development witnessed by the investment environment in Kuwait, reported a local Arabic daily.
