Kuwait is a geographically small, but wealthy country with a relatively open economy. The government has made some inroads in diversifying Kuwait's economy. In May 2010, the government passed a privatization bill which allows government to sell its assets to private investors and in January 2011, approved an economic development plan, pledging to spend up to $130 billion in the next 5 years. Political accountability is at the centre of today's political tensions and will remain top of mind with economic reforms. 100% foreign ownership is possible in Kuwait. Canada has an established but limited trade relationship with Kuwait. Business opportunities exist across a wide range of sectors that match Canadian capabilities.
- Construction & Infrastructure
- Oil & Gas
- Transportation Services