Kuwait Courts Chinese Investors on 7 Fronts
Submitted by admin on Wednesday, 19 December 2007No Comment
Kuwait is courting Chinese investor to help launch several major infrastructure projects.
Kuwait wants to build a new port and exploit a nearby island.
The cost – $50 billion.
China and Kuwait already have an agreement to jointly build a refinery in Guangdong to the tune of $5 billion.
Kuwait wants Chinese mainlanders, Hong Kongers and entrepreneurs to invest in:
1. infrastructure,
2. communication,
3. energy,
4. insurance,
5. hotels,
6. tourism
7. real estate
Do you think China is in a position to help build other countries or should China focus on China?
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