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Hayat: Kuwait Fund for Arab Economic Development and charitable associations contributed to supporting infrastructure projects in Guinea

Hayat: Kuwait Fund for Arab Economic Development and charitable associations contributed to supporting infrastructure projects in Guinea
Qiyas summary

Assistant Minister of Foreign Affairs for African Affairs Ambassador Samih Hayat and the Guinean Chargé d'Affaires Mamadou Aliou Sow emphasized the deep historical ties between Kuwait and Guinea, with a view to enhancing cooperation in infrastructure, food security, and investment.

Translated by Qiyas from الوسط — Original source

- Sou: We look forward to strengthening economic and investment partnership with Kuwait

Ambassador Samih Hayat, Assistant Undersecretary of State for African Affairs, affirmed that Kuwait-Guinea relations are historic, dating back to 1964, noting the high-level visits between the two countries and the aspiration to enhance cooperation in the coming period, particularly in the fields of food security and direct investments.

Hayat, in a statement to journalists on the sidelines of the Embassy of the Republic of Guinea in Kuwait’s celebration of the 68th anniversary of its independence, said that the Kuwait Fund for Arab Economic Development has contributed over many years to supporting infrastructure projects in Guinea, alongside the role played by Kuwaiti charitable associations in the country for years.

He added that the coming period may witness an increased Kuwaiti presence in Guinea, especially in the field of food security, expressing his hope that Kuwaiti companies will invest in this sector, thereby enhancing economic cooperation and achieving mutual interests.

He pointed to a trend toward signing an agreement between the two countries in the near future, noting that he intends to visit Guinea once full consensus is reached on the issues at hand, which would push bilateral relations to broader horizons.

Investment Partnership

For his part, Chargé d’Affaires at the Embassy of the Republic of Guinea in Kuwait, Mamadou Aliou Sou, affirmed his country’s aspiration to strengthen economic and investment partnership with Kuwait, calling on the government, private sector, investment institutions, and Kuwaiti development funds to explore promising opportunities in the Guinean market.

He praised the role played by the Kuwait Fund for Arab Economic Development in supporting development projects in his country, particularly in the fields of roads, infrastructure, education, health, and rural development, emphasizing that these contributions reflect the depth of relations based on solidarity and cooperation.

He clarified that Guinea possesses diverse investment opportunities including bauxite, gold, and iron, as well as sectors such as agriculture, energy, manufacturing industries, infrastructure, and tourism, noting that his country looks forward to expanding cooperation with Kuwaiti investors in these areas.

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