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The Investor 7
1. Obtain Project Financing and Reduce
Public Capital Investment
2. Optimizing the Value of Funds:
The participation of the private sector CALL FOR
brings along access to expertise
and technological advances, which
potentially can increase the value of SUBMISSIONS
money spent and the efficiency in
carrying out projects that improve the
quality of service. Furthermore, by taking • The Investor would like to
advantage of private sector innovation, invite UIC members and other
experience and flexibility, PPPs can often
deliver services more cost-effectively interested parties to submit
than traditional approaches. articles and analysis on any topic
of interest to the investment
3. Risk Allocation: community in Kuwait.
Proper risk allocation represents
one of the major challenges in the • Possible topics: Wealth
implementation of the PPP model. PPP
contracts can also help reduce project management, mutual funds,
implementation lifecycle and costs and investment in Kuwait or GCC,
shift risk to the private sector. FDI, SMEs, transparency, PPP,
venture capital, bourses, market
In conclusion, PPPs can provide financing makers, governance, private
and investment opportunities to channel equity, real estate, etc.
Kuwaiti private sector liquidity into core
productive economic projects away from
equities and real estate. In addition, it • Articles will be considered for
creates stability in the market. The PPP publication in upcoming issues of
program can also benefit local financial The Investor.
markets and increase Kuwaitis’ stake in the
country’s development. It includes measures • Article should be written in
such as requiring 50% of PPP ventures of Arabic or English, with a clear
projects that exceed KWD 60 million to point of view. Technical language
be offered to Kuwaiti nationals in an IPO;
26% and above can be held by successful should be kept to a minimum.
investors; where a maximum of 10% can be
allocated to the initiator; and between 6% • Graphs, charts and images are
to 24% to be held by the Public entities, welcome. A high resolution head
until the PPP project is operational. This shot photo of author is acceptable.
will help increase financial market depth
(bond and equity markets). PPP projects
have become more crucial following the
drop in oil prices and the rise of deficit. PPP
projects will most likely improve economic Please send NO LATER than
efficiency, boost private sector growth and October 15, 2017 by
increase its contribution in GDP, increase email to the following:
job creation for Kuwaiti nationals and limit
the burden on the public sector.
- Kuwait Investment Company (KIC) FadwaDarwish@unioninvest.org
Etheridge@KuwaitTimes.com
October 2017 Issue 1