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KUWAIT LOOKS TO RESEARCH AND INNOVATION TO DRIVE RECOVERY AND POST-PANDEMIC DEVELOPMENT
(MENAFN- Oxford Business Group) Oxford Business Group and Kuwait Institute for Scientific Research team up
for latest Covid-19 Response Report
Kuwait City, March 2021: A new Covid-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with the Kuwait Institute for Scientific Research (KISR), explores the increasingly important role that locally developed technological solutions will play in the next phase of the country’s development, as efforts to diversify the economy away from a reliance on oil gather pace.
The CRR provides in-depth analysis of the country’s response to the pandemic in an easy-to-navigate and accessible format, focusing on key data and infographics relating to its socio-economic landscape.
Public-private partnerships, particularly in the area of research and innovation, are a major focus.
The report shines a spotlight on KISR, which is playing a key collaborative role in a raft of projects planned for 2021-22 related to renewable energy generation, food security and the conservation of natural resources. Subscribers will also find coverage of the institute’s activities throughout the pandemic, including the preparation and rollout of its flagship multidisciplinary project tackling pandemic-related challenges in the areas of economics, living environment, public health and pollution.
With Kuwait now eyeing an economic recovery, the report also tracks the accelerated process of digital transformation under way in the corporate sector, which bodes well for long-term competitiveness and diversification.
Looking ahead, the report looks at the progress and challenges towards achieving the aims of the Kuwait Vision 2035, and the potential for increased R&D activity to boost the growth of the non-oil economy.
Samira Omar, KISR’s Director General, said that Kuwait had risen to the challenges of the pandemic thanks to a coordinated approach between public and private stakeholders.
“Although the Covid-19 pandemic posed unprecedented challenges for the country, Kuwait was able to deploy innovative solutions developed through local ingenuity and scientific research in response,” Omar said. “We expect that the experiences gained during this period will strengthen the capacity of the country to overcome future challenges through domestic innovations, as well as spurring further progress in diversifying the economy and making it more resilient.”
Jana Treeck, OBG’s Managing Director for the Middle East, said that while Kuwait had inevitably felt the weight of lower oil prices over the past year, ongoing efforts to diversify the economy should support a cautious recovery in the coming months.
“Growth is anticipated to return to pre-pandemic levels in 2021, driven by heightened activity across the non-hydrocarbon industries and improving consumer sentiment,” Treeck said. “Looking ahead, we expect Kuwait’s increasingly stronger research and innovation ecosystem to pave the way for the country to address long-standing challenges from within and work towards achieving the goals laid out in its Vision 2035 development strategy.”
The CRR on Kuwait forms part of a series of tailored reports which the global research and advisory company is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Covid-19 Economic Impact Assessment articles and interviews.
CRR is now available to view and download at:
Click here to subscribe to Oxford Business Group’s latest content:
for latest Covid-19 Response Report
Kuwait City, March 2021: A new Covid-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with the Kuwait Institute for Scientific Research (KISR), explores the increasingly important role that locally developed technological solutions will play in the next phase of the country’s development, as efforts to diversify the economy away from a reliance on oil gather pace.
The CRR provides in-depth analysis of the country’s response to the pandemic in an easy-to-navigate and accessible format, focusing on key data and infographics relating to its socio-economic landscape.
Public-private partnerships, particularly in the area of research and innovation, are a major focus.
The report shines a spotlight on KISR, which is playing a key collaborative role in a raft of projects planned for 2021-22 related to renewable energy generation, food security and the conservation of natural resources. Subscribers will also find coverage of the institute’s activities throughout the pandemic, including the preparation and rollout of its flagship multidisciplinary project tackling pandemic-related challenges in the areas of economics, living environment, public health and pollution.
With Kuwait now eyeing an economic recovery, the report also tracks the accelerated process of digital transformation under way in the corporate sector, which bodes well for long-term competitiveness and diversification.
Looking ahead, the report looks at the progress and challenges towards achieving the aims of the Kuwait Vision 2035, and the potential for increased R&D activity to boost the growth of the non-oil economy.
Samira Omar, KISR’s Director General, said that Kuwait had risen to the challenges of the pandemic thanks to a coordinated approach between public and private stakeholders.
“Although the Covid-19 pandemic posed unprecedented challenges for the country, Kuwait was able to deploy innovative solutions developed through local ingenuity and scientific research in response,” Omar said. “We expect that the experiences gained during this period will strengthen the capacity of the country to overcome future challenges through domestic innovations, as well as spurring further progress in diversifying the economy and making it more resilient.”
Jana Treeck, OBG’s Managing Director for the Middle East, said that while Kuwait had inevitably felt the weight of lower oil prices over the past year, ongoing efforts to diversify the economy should support a cautious recovery in the coming months.
“Growth is anticipated to return to pre-pandemic levels in 2021, driven by heightened activity across the non-hydrocarbon industries and improving consumer sentiment,” Treeck said. “Looking ahead, we expect Kuwait’s increasingly stronger research and innovation ecosystem to pave the way for the country to address long-standing challenges from within and work towards achieving the goals laid out in its Vision 2035 development strategy.”
The CRR on Kuwait forms part of a series of tailored reports which the global research and advisory company is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Covid-19 Economic Impact Assessment articles and interviews.
CRR is now available to view and download at:
Click here to subscribe to Oxford Business Group’s latest content:
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