GOIC: The 15th Industrialists’ Conference seeks to improve the Gulf investment environment

Under the patronage of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, and with the participation of GCC ministers of industry, the Ministry of Commerce and Industry in the State of Kuwait, the Public Authority for Industry (PAI) and the Gulf Organization for Industrial Consulting (GOIC) organise the 15th Industrialists’ Conference “Foreign Direct Investments in GCC and its impact on industry”.

The conference will be held on the 25th and 26th of November, 2015 in collaboration with Kuwait Direct Investment Promotion Authority (KDIPA) and Kuwait Chamber of Commerce and Industry (KCCI) and in coordination with the Secretariat-General of the Gulf Cooperation Council and the Federation of GCC Chambers (FGCCC).

The registration for the conference is free of charge through this link: http://www.incge.com/VisitorReg.aspx

It is noteworthy that the15th Industrialists’ Conference to identify clear policies to stimulate development plans in GCC countries based on a comprehensive set of elements drawing foreign investors. It also seeks to create an ambitious strategy to develop and promote the industrial sector in order to attract more foreign investments. Furthermore, it aims at enacting legislations and laws and offering facilitations and incentives to foreign investors in order to create a promising investment environment. The conference will seek to strengthen the level of competitiveness of GCC countries by attracting foreign investments to promote Gulf economies. 

The Gulf Industrialists’ Conference hosted by GOIC member states in rotation every other year is one of GOIC’s most important achievements since its foundation in 1976. Since the first conference held in Doha in 1985, they have been contributing in developing private and public industrial sectors in GCC countries. Each conference tackles a specific topic influencing the development of industries in the region through a series of papers delivered by international experts and specialists. In fact, previous conferences resulted in recommendations that helped in developing industrial plans in GCC countries, notably in the area of the industrial development strategy. 

Decision makers, officials, businessmen and industrialists are all interested in this conference. In its 14th version “Industrial Exports: Opportunities and Challenges”, the recommendations were to actively work on adopting policies and procedures aiming at facilitating the flow of Gulf exports to strengthen trade activities between Gulf countries and to benefit from GCC and Yemen seaports in addition to the existing land border points in support of Gulf industrial exports.