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Kuwait Direct Investment Promotion Authority

From Wikipedia, the free encyclopedia

Kuwait Direct Investment Promotion Authority (KDIPA) is a government agency established by the State of Kuwait for facilitating foreign direct investment into the country.[1][2][3][4]

History and operations

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Kuwait Direct Investment Promotion Authority (KDIPA) was established in 2013. It is a governmental organization that advances economic diversification, growth, and Kuwait's global competitiveness. It was established in alignment with Kuwait's goal of diminishing its dependence on oil-generated revenues and broadening its economic base. The agency's objective is to streamline the investment process, simplify regulatory protocols, and deliver comprehensive support to foreign investors.[5][6] KDIPA functions as a unified resource for foreign investors, extending aid throughout the investment lifecycle, commencing from initial inquiries to project realization.[7][8][9][10][11]

References

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  1. ^ Fingar, Courtney (11 September 2018). "Kuwaiti economy needs foreign investment to diversify | Financial Times". Financial Times. Retrieved 2023-08-23.
  2. ^ "Amir meets Director-General of Kuwait Direct Investment Promotion Authority". The Peninsula Qatar. 2022-04-20. Retrieved 2023-08-23.
  3. ^ "Google Cloud office established in Kuwait after approved by the Kuwait Direct Investment Promotion Authority". Kuwait Times. 2023-05-20. Retrieved 2023-08-23.
  4. ^ "KDIPA reports new direct investments KD 106.1 mn - ARAB TIMES - KUWAIT NEWS". Arab Times. 2022-11-14. Retrieved 2023-08-23.
  5. ^ "Kuwait reveals $3.2bn direct investment over four-year period". ArabianBusiness. 2023-08-22.
  6. ^ Bhat, Divsha (2023-01-09). "Kuwait selects Google Cloud for nationwide digital transformation". Gulf Business. Retrieved 2023-08-23.
  7. ^ "GE & KDIPA Driving Kuwait's Energy Transition". gepower-v2. Retrieved 2023-08-08.
  8. ^ "Kuwait". United States Department of State. Retrieved 2023-08-08.
  9. ^ PricewaterhouseCoopers. "Kuwait: Kuwait Direct Investment Promotion Authority ("KDIPA") supporting investors through the COVID-19 pandemic". PwC. Retrieved 2023-08-08.
  10. ^ "How economic zones to boost trade in Kuwait - Kuwait 2022 - Oxford Business Group". 2023-01-08. Retrieved 2023-08-22.
  11. ^ "FAO.org". www.fao.org. Retrieved 2023-08-22.
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