Cumulative direct investments reach 1.97 billion dinars: KDIPA Annual Report
The Kuwait Direct Investment Promotion Authority (KDIPA) has released its tenth annual report, covering achievements from April 2024 to March 2025. The report highlights significant growth in foreign investments, sustainability efforts, and expanded international cooperation during this period.
KDIPA recorded new direct investments totalling KD 222.85 million in its latest fiscal year. This brings cumulative approved investments to KD 1.97 billion since the authority’s founding in 2015. These investments now span 16 key sectors and involve 105 entities from 34 countries.
Total spending by KDIPA-licensed entities in Kuwait’s national economy rose by 17.6 percent, reaching KD 1.087 billion by the end of 2023. The authority also integrated sustainability standards into its headquarters project, while 29 licensed entities implemented 120 initiatives aligned with 14 of the 17 UN Sustainable Development Goals. To boost foreign investment, KDIPA strengthened Gulf cooperation and improved coordination with 15 government bodies to simplify licensing procedures. The authority also expanded its global reach by signing cooperation agreements with Oman and Türkiye. An official visit to Beijing further activated existing agreements with China. Beyond agreements, KDIPA took on roles in international organisations and hosted major events to enhance its presence. The authority’s strategic approach remains aligned with Kuwait’s national development plans, focusing on attracting foreign direct investment.
KDIPA’s efforts have led to measurable economic and social benefits, including job creation, technology transfer, and support for local industries. The latest report confirms steady progress in investment growth, sustainability adoption, and international partnerships since 2015.
