KUWAIT, March 8 (KUNA) -- The National Bank of Kuwait (NBK) organized here Monday a meeting for several visiting Turkish investors in a bid to promote available investment opportunities in Kuwait.
Addressing the meeting, NBK's Deputy CEO Sheikha Al-Baher said the gathering came at the behest of His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and Turkish President Abdullah Gul during the former's visit to Kuwait in December.
The Turkish team is led by Alparslan Korkmaz, head of Investment Support and Promotion Agency of Turkey (ISPAT).
The NBK always seeks to promote and reinforce trade exchange between Kuwait and other countries in the region, she said, pointing to the steady development of Kuwaiti-Turkish cooperative ties, which reflected the Turkish leader's visit to the country.
She hailed Turkey's strategic political and economic role in the region under the leadership of the Turkish leader.
Al-Bahar spoke highly of economic reforms in Turkey, which she said attract the attention of Kuwait and other Gulf nations.
Having several years of slow growth and activity, Kuwait is now seemingly ready for launching ambitious programs and blueprints aiming to transform the country into a regional economic and trade hub.
The NBK official expected the five years to come to be a more active and dynamic period for Kuwait's national economy.
Kuwait's five-year plan, which begins this year, involves several oil and gas projects costing USD 83 billion, together with other civil service and infrastructure projects costing approximately USD 120 billion, she said.
Turkish companies can vie for such projects, she said, adding that one of the goals of the meeting with the Turkish visitors is to facilitate such a task. - Kuna