Minister hails private sector as integral to national development

Minister Mariam Al-Aqail was honored during the launch.

On behalf of His Highness the Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, Acting Finance Minister and Minister of State for Economic Affairs Mariam Al-Aqail’s launched a national campaign over a “brighter future” for Kuwait on Tuesday.  In her speech, she pointed out that Kuwait’s private sector is an “integral part” of the country’s development plans, and noted that its an increasingly significant part of the economy.

On the private sector’s contributions towards economic development, the minister said this notion is embedded in the country’s constitution, which also acknowledges the media’s role in supporting national development plans. The new aspect of the campaign focuses on the common perception of sustainable development, added the minister, saying the initiative aims to encourage the average citizen to contribute to the country’s development plans.

She emphasized that Kuwait’s development plan is running on track, one that would lead the country towards a raft of reforms, including infrastructure repairs, which in turn, will help create a more multi-faceted economy.

Kuwait’s strategic location serves as an incentive for the country to rise to regional prominence, said Kuwait Projects Company’s (Holding) deputy CEO Faisal Al-Ayyar, who pointed out that the country possesses the capabilities needed to achieve the aforementioned goal. On Kuwait’s ever-growing private sector, he said it proves that Kuwaitis have the business acumen to propel their country towards economic prosperity.