Industry
From The Report: Kuwait 2019
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The non-hydrocarbons industrial sector has long played second fiddle to oil and gas in Kuwait. As the economy pivots towards easing its dependence on hydrocarbons, manufacturing is one of the key sectors the government is looking to further develop. Sector stakeholders are welcoming the increased availability of industrial land, as construction continues in the Al Shadadiya Industrial Zone and plans take shape for the ambitious multi-sector Silk City in the country’s north. At the intersection of hydrocarbons and industry, the petrochemicals segment has received considerable attention and investment, while technology manufacturers are winning lucrative contracts to serve the government’s goals of adding greater efficiency to its oil and gas production. This chapter contains an interview with Abdulkarim Taqi, Director-General, Public Authority for Industry.

Articles from this Chapter

Overview

Building blocks: New industrial zones and diversified petrochemical products spark expansion
OBG
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The non-hydrocarbons industrial sector has long played a secondary role to oil and gas in Kuwait. As the country pivots towards easing the dependence of its economy on hydrocarbons, manufacturing is one of the sectors the government is looking to further develop, with the Public Authority of Industry (PAI) taking the lead. Sector stakeholders are welcoming the increased availability of industrial land, as construction continues in the Al Shadadiya Industrial Zone and plans take shape for…

Interview

Sustainable industry: Abdulkarim Taqi, Director-General, Public Authority for Industry (PAI), on developing and managing industrial parks
OBG
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Interview:Abdulkarim Taqi In what ways can the PAI collaborate with the private sector to develop Kuwait’s industrial parks? ABDULKARIM TAQI: Supporting infrastructure for industrial parks is key to enabling a sustainable business environment. This includes building logistics capabilities, utilities, seaports, labour housing, free trade zones, schools and entertainment facilities. The PAI can collaborate with the private sector to address infrastructure needs by giving them the responsibility…

Overview

Outsized impact: Support for small and medium-sized enterprises increasingly recognised as key to sustainable growth
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Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations. By creating employment opportunities for traditionally economically marginalised groups, such as women, migrants, youths and minorities, SMEs have also been credited with democratising the labour…

Overview

Outsized impact: Support for small and medium-sized enterprises increasingly recognised as key to sustainable growth
OBG
plus

Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations. By creating employment opportunities for traditionally economically marginalised groups, such as women, migrants, youths and minorities, SMEs have also been credited with democratising the labour…