Chamber of Commerce invites Swiss companies to invest in Kuwait

The Kuwait Chamber of Commerce and Industry received a Swiss business delegation led by Swiss Ambassador to Kuwait Tiziano Balmelli, with the attendance of Patrick Tran, Chairman of the Swiss-Kuwait Business Platform, and several officials and private sector representatives from both sides. The Chamber emphasized that the visit represents an opportunity to enhance economic and investment cooperation between the two countries, translating previous discussions into practical partnerships, particularly in light of the positive outcomes of the Crown Prince’s official visit to Switzerland last September and the signing of a memorandum of understanding to promote investment between the two sides.

For his part, the Swiss Ambassador expressed his pleasure at holding this meeting for the second time this year, commending the Chamber’s cooperation and efforts in organizing the meeting, and noting that 60 years have passed since the establishment of diplomatic relations between Kuwait and Switzerland. He also expressed his anticipation for opening new horizons for economic cooperation, based on the economic importance that Kuwait holds for Switzerland.

In turn, the Chairman of the Swiss-Kuwait Business Platform expressed his gratitude to the Chamber for hosting the meeting, affirming the commitment of Swiss companies to strengthen their cooperation with the Kuwaiti business sector. He also outlined the platform’s role and the services it provides to business owners, which contribute to facilitating communication and building commercial and investment partnerships between the two countries.

During the meeting, the Chamber presented promising cooperation opportunities in the sectors of industry, infrastructure, engineering, information technology, and cybersecurity, calling on Swiss companies to expand their investments and establish production and technological projects in Kuwait, and to take advantage of the benefits of the free trade agreement between the Gulf Cooperation Council countries and the European Free Trade Association.

The Chamber concluded the meeting by reaffirming its commitment to supporting communication between the business sectors of the two countries and providing a suitable environment to convert the proposed opportunities into sustainable investment projects that serve the Kuwaiti and Swiss economies.