Knowl­edge Trans­fer, SME ex­hi­bi­tion held in Fe­bru­ary

Event to en­hance knowl­edge econ­omy sys­tem in Kuwait

Kuwait Times - - LOCAL - By Faten Omar

The Gen­eral Secretariat of the Supreme Coun­cil for Plan­ning and De­vel­op­ment (GSSCPD) held a press con­fer­ence yes­ter­day to an­nounce a na­tional ex­hi­bi­tion un­der the aus­pices of His High­ness the Amir Sheikh Sabah AlAh­mad Al-Jaber Al-Sabah. The Knowl­edge Trans­fer and Small and Medium En­ter­prises (SME) expo takes place on Fe­bru­ary 20-22, 2017.

Khaled Mahdi, Sec­re­tary-Gen­eral of the GSSCPD, said that the expo is ap­ply­ing the rec­om­men­da­tions of the ‘Con­tem­po­rary Func­tions of States from a Knowl­edge Econ­omy Per­spec­tive’ na­tional con­fer­ence which was held un­der the aus­pices of the Amir in Fe­bru­ary, which shows the se­ri­ous­ness of the govern­ment in sup­port­ing and en­hanc­ing the knowl­edge econ­omy sys­tem in Kuwait by in­creas­ing in­sti­tu­tional and com­mu­nity aware­ness and in­volve­ment of the pri­vate sec­tor in fi­nanc­ing, im­ple­men­ta­tion, man­age­ment of ac­tiv­i­ties and knowl­edge projects.

He noted that the idea of the expo is to trans­fer knowl­edge through small and medium en­ter­prises, as the de­vel­op­ment plan aims to en­able the pri­vate sec­tor to lead de­vel­op­ment through part­ner­ship be­tween the pub­lic and pri­vate sec­tors rep­re­sented in the part­ner­ship body or through pri­va­ti­za­tion of some sec­tors of the state by the Supreme Coun­cil, or through the body to en­cour­age direct in­vest­ment, as well as the de­vel­op­ment of small and medium en­ter­prises.

Mahdi stressed the im­por­tance of en­hanc­ing the knowl­edge-based econ­omy that makes a plat­form to con­nect all par­ties to achieve the de­sired goals through the na­tional expo. “I hope that through this ex­hi­bi­tion, we can de­liver knowl­edge, cre­ative goods and in­vest­ment op­por­tu­ni­ties and present them di­rectly to young Kuwaitis, in­vestors and ini­tia­tors to start eco­nomic and com­mer­cial ac­tiv­i­ties in Kuwait,” he pointed out.

Youth projects

Yousef Al-Ibrahim, Ad­vi­sor at the Amiri Di­wan, said that the Di­wan was the first sup­porter of the project, point­ing out that His High­ness’ or­ders are to sup­port youth projects that re­flect on the pri­vate sec­tor and ini­tia­tives. “The Amiri Di­wan has sup­ported the knowl­edge econ­omy con­fer­ence be­fore, be­cause we be­lieve that the knowl­edge-based econ­omy can pro­pel the Kuwaiti econ­omy to ad­vanced stages quickly,” he said.

Khalid Al-Hashash, Head of Kuwait Cen­ter for Knowl­edge, added that the ex­hi­bi­tion fo­cuses on four sec­tors - en­ergy (in­clude all re­lated in­dus­tries, es­pe­cially re­new­able en­ergy and gas), in­for­ma­tion and com­mu­ni­ca­tion tech­nol­ogy, light in­dus­try and fi­nally pub­lic health and beauty. He said that the expo aims to at­tract more than 300 in­ter­na­tional com­pa­nies op­er­at­ing in the above sec­tors from 15 coun­tries from Asia, Amer­ica and Europe.

The Knowl­edge Trans­fer Expo is an an­nual knowl­edge econ­omy flag­ship event. Each year, a new theme is cho­sen that fo­cuses on a spe­cific knowl­edge econ­omy ap­pli­ca­tions in the busi­ness world. This year, the expo pro­vides a one-stop mar­ket­place fea­tur­ing a full range of knowl­edge­based busi­ness op­por­tu­ni­ties and so­lu­tions for small- and medium-sized en­ter­prises.

KUWAIT: (From left) Yousef Al-Ibrahim, Khalid Mahdi, and Khaled Al-Hashash at­tend the press con­fer­ence. — Photo by Yasser Al-Zayyat

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