VOL. XXXV
NO. 1
7-OCTOBER-1991
Financial and Banking News
Kuwait
KIIC Leads Plans for Kuwaiti Offset Program
Kuwait International Investment Company (KIIC) is leading an offsetinvestment program which will require foreign companies winning contracts withofficial Kuwaiti entities to re-invest in Kuwait a sum equal to the the value oftheir contract. KIIC's chairman, Mr. Jasim al-Bahar, says that the offset planhas received direct support from the Amir and Crown Prince and will beimplemented under the...
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