PM Kakar arrives in Kuwait on two-day official visit

Investment worth $10b on the cards; premier to ink several MoUs during visit


APP/news Desk November 28, 2023
Caretaker Prime Minister Anwaarul Haq Kakar arrives in Kuwait for his two-day visit on November 28, 2023. PHOTO: PID

KUWAIT:

Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday arrived in Kuwait on a two-day official visit to meet the brotherly country’s leadership.

Upon his arrival at the airport, Kuwait’s Minister for Electricity, Water and Renewable Energy Dr Jassim Mohammed Abdullah Al-Ostad received the prime minister, PM Office said in a press release.

Pakistan Ambassador to Kuwait Malik Muhammad Farooq and other senior diplomatic officials were also present on the occasion.

Read more: Investment worth $10b on the cards

During his visit, the premier will meet Crown Prince of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and Prime Minister Sheikh Ahmed Al-Nawaf Al-Ahmad Al-Sabah.

During the visit, a new era of economic and economic cooperation between the two countries will begin. 

A number of MoUs will be signed for mutual cooperation in various sectors including manpower, information technology, minerals and mining, food security, energy and defence, it was further added.

As a traditional Kuwaiti welcoming gesture, the caretaker prime minister was also presented “Kahwa” upon his arrival.

Earlier this month, the interim federal cabinet gave the nod to seven memorandum of understanding (MoUs) with Kuwait for an investment worth $10 billion.

The MoUs would be signed by PM Kakar during the visit.

The MoUs will be inked for projects in various fields, including expansion of water reservoirs, mining facilities, protection and expansion of mangrove forests for coastal areas, investment in IT sector and food security.

The MoUs between the two countries became possible due to the efforts made by the Special Investment Facilitation Council (SIFC), according to a statement issued by the PM Office earlier.

It added that the interim premier, who chaired the meeting in the federal capital, and his cabinet members appreciated the efforts of the SIFC and the relevant ministries.

The caretaker prime minister issued directions to the federal authorities concerned to ensure cooperation with the provinces for early and fair execution of the projects.

 

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