Kuwait offers Japan investment openings

Kuwaiti Ambassador in Japan Abdel-Rahman Al-Oteibi urged Japanese companies to seek to seize mega trade and investment opportunities in Kuwait, which plans to inject fresh investments worth KD 30 billion (USD 103 billion).
Speaking at an international conference on energy, environment, communication and finance challenges, held in Tokyo on Friday, the Kuwaiti ambassador said major Japanese companies have unprecedented openings to join planned investment projects in Kuwait as part of the country's 2010-2014 development plan.
He noted that such mammoth Kuwaiti investments would not only include the oil sector, but would cover environment, nuclear energy, development of water resources, infrastructure, information systems, education and tourism as well.
Al-Eteibi hoped that Kuwaiti-Japanese cooperation could be an example for international cooperation in tackling common world challenges, particularly in the domains of peaceful nuclear use, environment, information and communication systems and financing.
The Kuwaiti ambassador stressed the significance of exchanging visits and meetings between Kuwaiti and Japanese businessmen and investors with a view to promoting each party's potential and capabilities. In this context, he maintained that while Japan has high technology, Kuwait enjoys great financial resources and high human skills.
Kuwait and Japan are set to mark the 50th anniversary of their diplomatic relations next year, he concluded.