The Kuwait Maritime Summit is a multi-stakeholder platform to discuss strategies concerning the ongoing infrastructure development of new ports, ports-expansion and foster maritime trade in alignment with Kuwait’s 2035 vision.
Ports will play a crucial role in reforming Kuwait’s economy, aiding in achieving development goals to establish itself as a strategic trade hub on the regional and international stages. “The Maritime Transport Development Program” aims to increase the capacity of seaports and develop the services they provide, thereby increasing trade exchange activities and boosting regional trade volume, increasing the volume of investments and contributing to the reconstruction and development of uninhabited islands.
Smart ports are a fundamental part of the development program which will incorporate technologies at Kuwait’s three main non-oil commercial ports: Shuwaikh, Shuaiba and Doha; and the proposed Mubarak Al-Kabeer Port in the north. It will also complement developments at the northern Silk City free trade zone and five islands’ mega project. Based on initial estimates, a total of seven projects will cost around KD 700 million ($2.3 billion).
The Kuwait Maritime Summit will feature interactive discussions that promote excellence and innovation in the maritime sector, identify measures to improve security and explore methods to ensure sustainability in maritime operations.
The Summit will bring together key stakeholders from port authorities, senior government officials, ports, terminal operating firms, shipping companies, cargo owners, importers / exporters, shipping lines, freight forwarders, logistics businesses, port equipment and services providers who will advocate actionable recommendations to drive positive change in the industry. The Summit will offer unparalleled opportunities to network with peers, explore new products, technologies and services.