Skip to main content
Invest Gulf
Back to the Gulf region

Kuwait

Investing in New Kuwait’s Vision for a Strong Economy

-0.6

2023 Projected Real GDP (Change from 2022)

3.4

2023 Projected Inflation (Change from 2022)

2.2

2023 Unemployment Rate

758

FDI Inflows (2022, in USD)
sources: IMF & UNCTAD

Kuwait aims to reduce its reliance on oil revenue by diversifying its economy. This includes expanding non-oil sectors such as finance, tourism, logistics, and information technology. The focus is on creating a more balanced and sustainable economy

A significant part of Kuwait’s vision involves substantial infrastructure development. This includes projects related to transportation, energy, and urban development. These initiatives are intended to enhance the business environment and overall quality of life

To achieve its vision, Kuwait is investing in education and workforce development. The goal is to create a skilled and adaptable workforce that can contribute to innovation and technological advancements, supporting the country’s economic growth

Kuwait aims to encourage private sector participation and foreign direct investment (FDI). The vision includes reforms to promote a more business-friendly environment, privatization of state-owned enterprises, and the creation of economic zones to attract investors

Ready to invest and do business with Kuwait?

Contact our Gulf team for more insights and information

Contact our team