Kuwait seeks stronger Japan investment ties

TOKYO: Kuwait is keen to boost its appeal to Japanese investors and expand bilateral economic cooperation, Kuwaiti Ambassador to Japan Sami Al-Zamanan said. In a press statement issued during an investment promotion seminar organized by the Kuwaiti Embassy in collaboration with the Kuwait Direct Investment Promotion Authority (KDIPA) and the Japan External Trade Organization (JETRO), Al-Zamanan reaffirmed Kuwait’s commitment to attracting Japanese expertise and capital. He stressed that the embassy “always stands at the service” of Japanese companies seeking economic and trade opportunities in Kuwait, praising the professionalism and accumulated experience of Japanese firms.

The Embassy noted that the seminar was held within the framework of a memorandum of understanding signed between KDIPA and JETRO during the visit of His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah to Japan last May. Representatives from 20 major Japanese corporations attended the event, which highlighted investment prospects in Kuwait and discussed ways to strengthen economic cooperation. The program included interventions from Mitsubishi Corporation, which shared its operations and experience in Kuwait, and Citibank Japan, which presented an overview of its activities in the country and its outlook on Kuwait’s economic trajectory.

Ambassador of Kuwait to Japan Sami Al-Zamanan

KDIPA also delivered a detailed presentation on available investment opportunities, particularly within the framework of Kuwait Vision 2035 and ongoing infrastructure and economic diversification projects. The embassy emphasized that the forum reflects the growing momentum in Kuwaiti-Japanese economic relations and reaffirms both countries’ commitment to expanding strategic partnerships in support of Kuwait’s long-term sustainable development goals. — KUNA