(MENAFN - Kuwait News Agency (KUNA)) SHANGHAI, Nov 20 (KUNA) -- The first Sino-Kuwaiti investment forum will be held in Shanghai on Thursday amid high expectations for an increase in bilateral cooperation between the two sides.
The forum will be held under the patronage of Kuwaiti Finance Minister Dr. Nayef Al-Hajraf.
The forum is organized jointly by the Kuwaiti Ministry of Finance, Kuwait Investment Authority (KIA) and Kuwait Direct Investment Promotion Authority.
The forum will be held on the sidelines of the inauguration of KIA's second office in Shanghai on Wednesday, after opening its 1st office in Beijing in 2011.
Minister Al-Hajraf is expected to deliver an opening speech at the forum, followed by a panel discussion including KPC's CEO Nizar Al-Adsani, Board Member of the Kuwait Chamber of Commerce and Industry Amran Jouhar Hayat, Chief Executive Officer of Huawei Technologies Company in Qatar, Bahrain and Kuwait Trevor Lo and Director General of China Constructions Company Yang Chu Sin, The one-day forum will discuss investment opportunities available in the State of Kuwait including sectors such as oil construction, housing, infrastructure and information technology.
The forum also discusses the attractiveness of the Kuwaiti market regionally and efforts exerted to improve business environment and the foreign investment environment in light of recent developments on the regulatory environment in the country and the impact of modern economic laws on the Kuwaiti economy.(end).