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Kuwait Conference Info

KUWAIT INTERNATIONAL CONFERENCE FOR RECONSTRUCTION OF IRAQ

BAGHDAD (Reuters) – Kuwait will host an international conference in February on reconstruction in parts of Iraq devastated by the war against Islamic State, the state-run Kuwait News Agency (KUNA) said on Tuesday.
 
Donor countries and organizations are expected to announce financial contributions at the meeting from Feb. 12 to Feb. 14, it reported.
 
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Baghdad (Iraqinews.com) – About 150 investment projects will be unveiled at the international conference to be hosted by Kuwait next month to help reconstruct Iraqi cities destroyed by the war

against Islamic State, Secretary General of the Iraqi Cabinet Mahdi al-Allaq was quoted as saying Wednesday.
 
Speaking to the official Al-Sabah newspaper, Allaq said the two-day conference, due to start on February 12, will focus on means of reconstructing Iraqi cities devastated by the anti-Islamic State war, as well as increasing investment opportunities in the country and boosting peaceful co-existence.
 
The full schedule for main Tuesday event is located here: http://www.kuwaitchamber.org.kw/KICRI/

Read closely the session titles and speakers for the break-outs. Very interesting!
 
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WASHINGTON (Reuters) – The United States does not plan to contribute any money at a conference in Kuwait next week to fund Iraq’s reconstruction drive after the war against Islamic State forces, U.S. and Western officials said, a move critics say could deal a new blow to American standing internationally.
 
A U.S. official in Baghdad said the American role in the Kuwait conference would be focused on opportunities “for true private-sector investment or public-private partnerships with the Iraqi government.”
 
“What we are trying to do in Kuwait next week is to put together companies that want to look at Iraq … and possibly also talk about ways to finance projects,” added the official, speaking on condition of anonymity.
 
A State Department official said Washington was counting on other countries to step up, adding that more than 100 U.S. companies would be at the event.
 
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Interestingly enough, the Kuwait EPC Project Conference will be held at the same time. This particular conference “will be the best platform to learn about the current and upcoming mega oil & gas and energy projects in Kuwait and discuss the way to procure EPC services effectively to avoid project delays and budget appreciation.”
 
So, lots happening this coming week in the ME. Let’s hope and pray the outcome is positive for us all!
 
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