Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- PM tasks panel to speed up development projects  Join our daily free Newsletter

MENAFN - Arab Times - 09/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) KUWAIT CITY June 26 (KUNA): His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al- Hamad Al-Sabah chaired late on Wednesday a crucial meeting grouping senior government officials discussing time-consuming measures hindering speedy execution of key development enterprises in the country and forming a special team to draft proposals to tackle the vital issue. His Highness the Prime Minister Sheikh Jaber Al-Mubarak opened the meeting welcoming the attendees and expressing congratulations to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah His Highness the Crown Prince Sheikh Nawaf Al- Ahmad Al-Jaber Al-Sabah the Kuwaiti people and the Islamic nation on advent of the blessed holy month of Ramadan.

His Highness Sheikh Jaber Al- Mubarak stated that the meeting convened after the Supreme Planning Council accomplished the development schemes 2015-2016 2019- 2020 affirming necessity of pressing ahead with 'optimum execution of these aspiring plans accomplishing the ventures and securing all requirements that are necessary for success.' His Highness the Premier expressed gratitude for the good efforts exerted by the supervisory and executive authorities the constructive cooperation on part of the private sector for sake of pushing work and construction forward for achieving the aspirations.

He stated 'Certain defects and flaws have appeared in the actual implementation of the government ventures for decades thus proper practical solutions must be found to tackle all these hindrances that have delayed their execution. 'Such a meeting grouping elite distinguished and experienced officials involved in planning government ventures conducting relevant procedures tendering and executing them should result in pin pointing the flaws and proposing serious solutions and finding the best systems to ensure work of the executive mechanisms of the government projects and accomplish them as scheduled.' His Highness the Prime Minister stated methods for tackling the issue: Safeguarding public funds and investing them soundly abidance by the laws ensuring full transparency in all phases of the projects granting equal opportunities to all rapid implementation of the projects and ensuring quality and activating serious auditing and taking action against any person who may cause delays of the execution.

A number of officials spoke during the meeting shedding light on hurdles they face in their work and presenting solutions to ensure speedy execution of the ventures. They also affirmed keenness on placing all resources in their hands at disposal of tackling the problems thanking His Highness the Premier for his concern for these crucial issues. In the end of the meeting His Highness the Premier expressed gratitude for the officials for taking part in the meeting affirmed his confidence that they would forward their proposed solutions to speed up the work and press ahead with Kuwait's development. His Highness the Prime Minister ordered formation of an executive team representing the Ministry of Finance the Ministry of Public Works the Chamber of Commerce and Industry the Central Tenders Committee Al-Fatwa and Legislation Department the governmental performance follow-up committee. The team was tasked with discussing these issues and presenting proposals to shorten the bureaucratic work and speed up the execution of the projects. His Highness also tasked the Minister of Social Affairs to serve as the general coordinator for the special team.

The meeting held at His Highness the Prime Minister's Diwan in Seif Palace included First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah Minister of State for Cabinet Affairs and Acting Minister of Justice Sheikh Mohammad Abdullah Al-Mubarak Al- Sabah Finance Minister Anas Al- Saleh Minister of Public Works Minister of Electricity and Water Abdulaziz Abdulatif Al-Ibrahim Minister of Social Affairs and Labor and Minister of State for Planning Affairs and Development Hind Sebeeh Barrak Al-Sebeeh.

Also taking part in the senior-level gathering were Cabinet Secretary General Abdulatif Abdullah Al- Roudhan Chairman of the Chamber of Commerce and Industry Ali Mohammad Thunnayan Al-Ghanem Second Deputy of the Chamber Chairman Abdulwahab Mohammad Al-Wazzan Chairman of the Central Tenders Committee Ahmad Al-Kulaib and Chairman of Fatwa and Legislation Council Justice Salah Al- Mes'ed.


 


Arab Times




  MENA News Headlines
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help