Chamber Discusses Enhancing Economic and Investment Cooperation with Lebanon
The Chamber received the Chairman and Managing Director of the General Authority for the Tripoli Economic Zone to discuss ways to enhance economic and investment cooperation between the two countries.
Translated by Qiyas from الجريدة — Original source
The Kuwait Chamber of Commerce and Industry today received Dr. Hassan Khaled Al-Dinawi, Chairman and Managing Director of the General Authority for the Economic Zone in the Lebanese city of Tripoli, to discuss ways to enhance economic and investment cooperation, explore opportunities available to the Kuwaiti private sector to contribute to the development of the economic zone, and leverage its promising assets.
In her welcome address, the Chamber expressed its pride in hosting the guest, emphasizing the importance of strengthening ties and partnership between the business sectors of the two brotherly countries, and opening broader avenues for communication between investors and business owners to support shared interests and enhance opportunities for establishing sustainable investment partnerships, while capitalizing on the economic and investment potential of Tripoli.
She noted that the significance of the Special Economic Zone in Tripoli lies in its anticipated role in building an integrated production and logistics base that links port activities with industry and trade, thereby contributing to enhanced operational efficiency, reduced business costs, improved competitiveness of products, and easier access to markets.
She added that there are promising areas that can present cooperation opportunities for the Kuwaiti business sector, including the development and management of industrial and logistics facilities, storage and distribution services, as well as establishing partnerships across various industrial sectors. These initiatives would combine Kuwaiti investment and commercial expertise with Lebanese production capabilities and expertise, achieving mutual benefits for both sides.
The Chamber concluded the meeting by reaffirming its commitment to facilitating communication between the Authority and Kuwaiti companies interested in investment, expressing hope that this meeting would help mobilize Tripoli’s economic potential and support the recovery and prosperity of the Lebanese economy.
