Al-Marzouq: Kuwait continues efforts to build a diversified and competitive economy
Press coverage 2 newspapers covered this event: Al-Rai · KUNA →
Minister of State for Economic Affairs and Investment confirms Kuwait's ongoing efforts to build a diversified and competitive economy and enhance foreign investment during his participation in the 30th Global Investment Forum in Geneva.
Translated by Qiyas from الراي — Original source
State Minister for Economic Affairs and Investment and Acting Minister of Commerce and Industry, Abdulaziz Al-Murrouq, said on Tuesday that the State of Kuwait is continuing its efforts to build a more diversified and competitive economy, enhance the role of foreign investment, and create an attractive investment environment for long-term investments.
This statement came during Minister Al-Murrouq’s address at the opening session of the 30th Global Investment Forum, organized by the World Association of Investment Promotion Agencies (WAIPA) in Geneva under the theme “Enhancing Investment for Shared Prosperity: Towards Resilient and Sustainable Investment,” with the participation of several ministers, senior officials, and representatives of international organizations and investment institutions.
He emphasized the importance of shifting focus from merely attracting investments to directing them toward achieving sustainable economic value, stressing that the success of investment policies is no longer measured solely by the volume of foreign direct investment inflows, but by their contribution to raising productivity, transferring technology, creating quality jobs, and fostering innovation and sustainable growth.
Minister Al-Murrouq participated in chairing the ministerial roundtable session titled “The Next Decade for Global Investment,” which discussed the future of international investment flows, the challenges and opportunities facing countries in attracting investments, and the importance of developing investment policies in line with global economic and technological transformations.
Kuwait’s participation in the conference aligns with its commitment to strengthening its presence at international economic and investment forums, exchanging expertise and experiences, and expanding cooperation with international partners to support sustainable economic development goals.
