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Kuwait deals to add to inward FDI flows

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Pakistan has signed seven agreements and three Memorandums of Understanding with Kuwait to attract massive investment in various sectors.
According to a press release issued by the PM Office’s Media Wing, the agreements were signed after talks between Caretaker Prime Minister Anwaar-ul-Haq Kakar and First Deputy Prime Minister and Minister for Interior of Kuwait, Sheikh Talal Al-Khaled Al-Ahmad Al Sabah in Kuwait City Wednesday.
The leaders also witnessed the signing of seven agreements concluded to attract multi-billion dollar investments from the State of Kuwait in various sectors of Pakistan, including Food Security/ Agriculture, Hydel Power, Water Supplies (safe drinking water and supporting mining activities), the establishment of Mining Fund to support mineral industry, Technology Zones Development and Mangrove Preservation.

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