Partnerships Technical Bureau Promotes Investment and Finance Opportunities in KuwaitBy Iqpc Middle East, PRNE
Monday, April 18, 2011
Major Opportunities for PPPs Available in Kuwait's Market, Driven by the $100bn National 5-Year Plan.
DUBAI, UAE, April 19, 2011 - In its strategy to promote and support increased private-sector
participation in infrastructure development, the Government of Kuwait has
established a Public Private Partnership (PPP) program providing significant
investment and financing opportunities for the private sector. Through the
implementation of the High Committee and the Partnerships Technical Bureau
(PTB), the Kuwaiti government has established the perfect environment to
promote its mega-projects to the private sector.
Adel Al-Roumi, President of PTB Kuwait stated that "with over $25 billion
worth of projects recently been announced or under development, the PTB is
the focal point for Kuwait's PPP program and is involved in all phases of PPP
projects, from inception to financial close". Mr. Al-Roumi, will speak at the
high-profile PPP Investment Summit Kuwait taking place between 8-11 May at
the Hilton Kuwait Resort. Organised by International Quality and Productivity
Centre (IQPC) and developed in partnership with PTB, the four-day summit will
provide an update on the investment and financing opportunities in Kuwait and
exchange best practices to develop successful PPP projects.
During the inaugural and keynote speech on Monday 9 May, Adel Al-Roumi
will discuss the next 10-15 years of investments and projects in Kuwait. He
will highlight the key challenges of PPP projects and the solutions
implemented by PTB to provide a favorable environment for implementing
development projects and facilitate partnerships between the public and
Mr. Al-Roumi will be joined by national and international PPP experts
such as Dr. Hashem Al-Tabtabaei, PTB's Technical Leader, Rania Zayed,
Director of PPP Central Unit at Egypt Ministry of Finance, Eng. Ghalib
Safouq, Director of Mega Projects Follow-up Administration for Kuwait's
Ministry of Public Works, Prof. Dr. Kim Jraiw, Technical Project Manager at
UN-Kuwait National and Integrated Transport Strategy 2010-2020 and Mahdi
Saleh Al Dakheel, Director of Projects Department, Directorate General of
Civil Aviation, Kuwait.
Leading financial, legal and accounting firms as well as international
developers will also share their expertise of PPP projects within the region.
As one of the region's leading infrastructure project developers, Kharafi
National is involved in both BOT and PPP projects which provide a business
life and income streams that are much longer than those yielded by typical
construction projects. The summit's gold sponsor will share its expertise on
the financing, design, procurement, construction, testing and commissioning
of major infrastructure projects'
Silver sponsor of the event, HSBC is a trusted adviser to regional
government procurement authorities and private sector developers. The bank
specialises in providing end-to-end advisory from concept or bid development
and advises on tender phase strategy, commercial and financial structuring
for PPP projects in the Middle East. HSBC's Project Finance Director will
discuss the evolution of infrastructure procurement in the region and the
impact of transformational developments in the global financial sector.
Associate sponsor of the exclusive meeting, the Partner and Head of Al
Tamimi & Company, Advocates and Legal Consultants Kuwait office will lead
discussions on legal and contractual structure and challenges under the PPP
law. Also confirmed as associate sponsor, Ernst & Young's Partner and Head of
MENA Infrastructure and PPP Advisory Services will share best practice
strategies for PPP project risk management.
Coffee sponsor for the summit, ACWA Power International President and CEO
will share his knowledge of independent water and power projects structured
on a concession or utility outsourcing contract model.
To secure your seat and learn more about Adel Al-Roumi and other
prominent speakers at the event, visit www.pppkuwait.com, email
firstname.lastname@example.org or call +971 4 36 42 975.
About International Quality and Productivity Centre (IQPC
For over thirty years, IQPC has helped the world's leading
corporations solve their business challenges through the sharing of practical
industry solutions and global best practice. In the process, the company has
built a formidable reputation for quality and value. During this time, the
Middle East's most progressive companies have benefited from IQPC's
unrivalled global reach, which has connected international expertise with
regional and local leaders. For more information, visit www.iqpc.ae
For more information, please contact Chichi Osuagwu Marketing Manager International Quality and Productivity Centre Middle East T: +971-4-364-2975 F: +971-4-363-1938 email@example.com
Tags: April 19, Dubai, IQPC Middle East, Kuwait, Middle East, uae