Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-G3NXNG

Local investment requirements for overseas investors winning government contracts

in Kuwait

Trade barrier summary

The Kuwaiti government have revived the offset programme, which requires that overseas investors winning major government contracts invest in the local economy.

Offset is required on defence contracts whose values are equal to or greater than KD3 million; in addition to civil contracts, whose values are equal to or greater than KD10 million. The offset obligation value is equivalent to 35% of the monetary value of the contract, signed with the foreign entity, with the potential of deducting the monetary value of some civil contracts.

Sectors affected

  • All sectors

Resolved

No

Date reported

7 July 2020

Last updated

18 December 2020

Public ID

PID-G3NXNG

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