We have just released our latest report on investment opportunities in Kuwait for the Spanish market as the two countries celebrate 50 years of diplomatic relations.
Kuwait is currently undergoing a massive infrastructure development plan that includes kilometers of roads, a metro and railway system that will connect the country with the rest of the GCC. Construction of dozen of hospitals and schools has already started and government expenditure is pouring over the rich oil sector, hoping to renovate the infrastructure to increase production capacity from the current 2.3 million barrels to 4 million by 2020.
Spain is one of Kuwaiti´s preferred holiday destination and many kuwaitis have their summer home there. Spanish fashion brands are present in the most iconic malls while the spanish football league "La Liga" is a trending topic in Kuwait. Nadal, at tennis or Alonso in GP are also the preferred stars of many young kuwaitis. Almost 80% of the country´s population is under the age of 30.
After more than a lost decade, after the Iraq-Iran war and then the invassion of Kuwait by Sadam Husseim, Kuwait wants to pick up with its fast developing neighbouring countries and compete with them in a record time. A Vision 2030 long term development plan intends to transform the country.
This plan is seen as an opportunity for Spanish companies that are already present in the region as FCC, OHL or Indra or for new companies and even entrepreneurs that have succeded in Kuwait.
Read the full report below
The oil rich Gulf Region has become one of the most attractive investment destinations of the world with sound economies and massive expansion plans. According to the Economist Intelligence Unit the region will grow to a US$2trn economy by 2020. Hardly affected by the global financial crisis, governments in the Gulf have increased their budget expenditure into social projects to prevent their countries from the contagious Arab Spring. New universities and hospitals, schools and hundreds of housing projects rise around massive infrastructure developments set to create a robust region with diversified economies and an international heavy weight. Soon to become world top exportation leaders of petrochemicals, metals and plastics, the region is increasingly important in the global economy but also in the global politics.
Global Gulf Consulting is a one stop communications consultancy firm created to guide local governments and corporations to become more visible and accessible to international markets while helping foreign ventures to penetrate the market and establish there. Our wide range of products, our expertise in the market and our sophisticated approach will help you to Stay Ahead.
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Our latest investment report has been published today in the prestigious Spanish newspaper ABC. FindMe in Kuwait is a complete investment report on the projects and opportunities that arise from Kuwait´s long term development plan Vision 2030.
Our mobile application on who is who in Kuwait, where to invest and why to invest will be release soon!
Stay tunned - Stay Ahead
Global Gulf Consulting has concluded its latest production on Bahrain, FindMe in Bahrain giving the country a fresh approach after a couple of difficult years of local demonstrations that matched the global recession. Bahrain is a small island in the Arabian Gulf with an incredible potential for logistics, industries and tourism. FindMe in Bahrain was supported by both the public and private sector of Bahrain. Banagas, Nass Corporation, BBK and DHL were GGC strategic partners in the development of the series among others.
FindMe in Bahrain is available at the local bookstores Jashamal and online as well as in the Apple Store. It is a full business leisure and business guide for any investor or visitor interested in traveling to Bahrain or for those that already live there.
FindMe in Saudi offers a multi-faceted overview combining business and leisure, economy and heritage. The book aims to capture the current development of Saudi Arabia in the words of the people who live and work there. It is an authoritative source of information for investors, businessmen and travellers produced to firmly position KSA as an attractive investment destination.
In contains general information about the country´ economic performance and who is who as a sectorial overview and a leisure guide.
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