Kuwait Part 2
The original report was published in the Bloomberg Businessweek on Tuesday, June 28, 2011
 H.H. Sheikh Nasser Al-Mohammed Al-Sabah, Prime Minister of Kuwait Kuwait’s Development Plan is paving the way for sustained economic growth, excellent health and education, and greater technology transfer.
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When the Private Universities Law was passed in 2000, the Australian College of Kuwait (ACK) was the first to apply and be granted a license.
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Kuwait is reforming its healthcare system through various channels, and the KDP is allocating millions of dollars toward a very ambitious plan to increase the amount of hospital beds by 3,565 (60%). Dr. Hilal Al-Sayer, Minister of Health, explains, “We are also building a new hospital, the Jaber Hospital, which will be one of the largest projects in the Middle East. This is all being done with the aim of reducing overcrowding.”
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A pioneer in the optical industry, Kefan Optics was founded in 1978 as a family-owned business and has since grown into a regional powerhouse and single source provider for Nikon ophthalmic lenses for the Middle East.
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 Sabah Al-Salem University City Greater private sector participation is helping to raise standards in these key areas
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A fundamental pillar for the sustainable development of a nation is its human capital, and investing in the creation of a country’s young minds is a clear step towards building a brighter future where higher education takes center stage. Although Kuwait boasts several institutions of higher learning, Kuwait University (KU) is the only public university, and coincidently this year marks its 45th anniversary.
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 Gulf Glass Manufacturing Co. is an industry leader in the non-oil sector. Industries take center stage in diversification plans
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Shortly after the liberation of Kuwait in 1991, a minority American couple went to Kuwait in pursuit of a dream of business success in the Middle East. “We calculated the risk and moved forward with establishing our company,” explains Sheila Gittens, president of American General Trading & Contracting Co. (AGT). “We both have an entrepreneurial spirit; going backwards in life is not an option.”
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LOCATION:
Field info displayed for all countries in alpha order.
Middle East, bordering the Persian Gulf, between Iraq and Saudi Arabia
AREA:
total: 17,818 sq km
country comparison to the world: 158
land: 17,818 sq km
water: 0 sq km
AREA - comparative:
slightly smaller than New Jersey
POPULATION:
2,595,628 (July 2011 est.)
CAPITAL:
name: Kuwait City
GDP - composition by sector:
agriculture: 0.3%
industry: 48%
services: 51.7% (2010 est.)
INDUSTRIES:
petroleum, petrochemicals, cement, shipbuilding and repair, water desalination, food processing, construction materials
EXPORTS - commodities:
Field info displayed for all countries in alpha order.
oil and refined products, fertilizers
EXPORTS - partners:
Japan 17.2%, South Korea 15.3%, India 14.4%, US 7.6%, China 6.7%, Singapore 5.3% (2009)
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