Kuwait Declares Willingness to Invest in Spanish Real Estate

16/04/2014 – Expansion

 Authorities from Kuwait express readiness to invest more in Spanish real estate, industrial and agriculture. At the latest visit, they assured the King Juan Carlos they wish to spend more than present $3 billion and asked for legal and political support.

Juan Carlos plays the  “key” role in the “magnificent” Spanish-Kuwaiti relations, said Ana Pastor, the Minister of Development. Then she signed an agreement on exchange of knowledge from all transport fields that could enhance infrastructure development.

Kuwait launched an ambicious plan value at €100 billion in total, concerning railway operations across the country, improvement of Metro in Madrid and expansion of the capital´s airport. Many Spanish companies strive for attractive contracts to win.



Original article: Expansión

Translation: AURA REE