Keeping an eye on Kuwait's development, the government has formulated development plans worth $108 to develop new ports and cities for the coming 4 years. Co-chairman Wael Jassem Al-Sagar revealed the information addressing the 15th joint meeting of Japan-Kuwait Businessmen Committee. The joint meeting was inaugurated by Kuwait's Minister of Finance Mustafa Al-Shamali along with Senior Vice Minister of Japan's Economy, Trade and Industry, Teruhiko Mashiko. The projects mentioned under the new plan includes construction of railway system, seaports, new industrial cities and investments in power, water, oil, health and education sectors.
The government stressed on the public-private sectors partnership, amplifying private sectors importance in the measures. Al-Shamali praised their countries' excellent political and economic ties which would strengthen further after the creation of Japan-Kuwait Businessmen Committee. Mashiko expressed that many Japanese investors have expressed their desire to invest in Kuwait.
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