VOL. XLVI
No 31
04-August-2003
KUWAIT
Kuwaiti Firms With 100% Foreign Capital Could Carry Out Project Kuwait
The governments plan to develop and sustain the production capacity of the countrys northern oilfields through the involvement of international oil companies (IOCs-Project Kuwait) does not mean that foreign firms will have a monopoly. Instead, development could be carried out by Kuwaiti firms, with 100% foreign capital. This possibility is spelt out in the investment model for the project,...
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