February 5th 2018
In line with the belief that a solid employee knowledge base ensures better client service, Al Ahli Bank of Kuwait (ABK) participated in a training workshop entitled ‘Public Private Partnerships (PPPs): Infrastructure Project Finance’ organized by the Investment Studies Center at the Union of Investment Companies, in collaboration with Euromoney. The program was designed to provide participants with the best international practices used to finance projects, develop the infrastructure including electricity, water, transport and housing, due to the expansion of these projects inside the State of Kuwait. In addition, the program introduced the government's initiative to involve the private sector in these projects to trigger a partnership.
Some of the key topics discussed at the workshop were the nature of partnerships between the public and private sectors, roles and tasks assigned to each sector, financing methods, and ways of identifying and assessing the project risks.
The interest of both public and private sectors in building a firm partnership to finance mega projects is in line with the vision of H.H Sheikh Sabah Al Ahmed Al Jaber Al Sabah, the Amir of Kuwait, to transform Kuwait into a financial and commercial hub. Therefore, ABK is keen to accomplish this vision through participation in the financing of mega projects, while gaining the necessary knowledge and expertise about financing methods in order to establish a robust partnership with the public sector.
For more information about ABK, please contact an ABK customer service agent via ‘Ahlan Ahli’ at 1899899.