Today’s seminar comes in standing partnership with the attested and important organization the World Bank. We have worked together with the World Bank as partners in achieving development in the world. And we recall here the recognition of the World Bank for H.H the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah for His Highness’s role in supporting the various pillars of social and economic development on the world level. This recognition reflects His Highness’s deep-rooted belief in the importance of development and reflects the State of Kuwait’s wide reach in this field.
We also recall the pioneering work we managed with the World Bank in organizing the Kuwait International Conference for the Reconstruction of Iraq. The success of the conference embodied the development goals and true partnership we achieved with the World Bank.
The State of Kuwait is in a race against time in achieving the vision of his H.H the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in turning the State of Kuwait into an investment and financial hub worthy of attracting foreign investment, a part of Kuwait Vision 2035. In that regard, we appreciate efforts by the World Bank Group in achieving this vision by reorganizing its programs to become more suitable for this vision, by pushing forward development elements compatible with the State of Kuwait’s financial development. In ways like investing in human capital and enabling the private sector to participate in the development engine and encouraging sustainable development.
In conclusion, I would like to reiterate my appreciation for all of you and I wish the work of your seminar all the success and prosperity.