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Investor Incentives
First: Customs Duties Exemptions
The Authority shall exempt imports of production requirements for Industrial establishments of machines, equipment, spare parts, raw materials, intermediate materials, semi-manufactured goods and packaging materials from custom duties in accordance with the industrial imports customs duties exemption regulations in the GCC countries.
Second: Procurement Preference
Giving priority to local industry products and products of national origin (Gulf) in government procurement, public authorities, and institutions according to the following:
"National products are given a price preference over similar foreign products by not less than 10% and over similar products of national origin (Gulf) by not more than 5%."
Third: Habilitation of Industrial Establishments
Qualifying industrial establishments for the status of national origin and exempting added value that qualify it to exporting their productions to Arab countries.
Fourth: Industrial Support
Providing the necessary support for local products towards illegal dumping competitions by issuance of the unified dumping law, the compensatory and preventive measurements for GCC countries.
Fifth: Research and Studies
Preparing studies concerned with establishing small and craft business incubators and establishing craft complexes to support these industries.
Sixth: Various Services
- Supporting participation value in foreign and local exhibitions, and supporting tickets values for exporting factories outside Kuwait.
- Providing economic feasibility studies for industrial investment opportunities and giving priority to establish them.
- Data and statistics on industrial entity in Kuwait, which help in taking the decision regarding industrial investor.