An Indonesian delegation that was headed by Deputy Head of Indonesian parliament Mohammed Anees visited Kuwait Finance House (KFH) as part of its official visit to Kuwait. The delegation met with KFH’s Chairman Sameer Al-Nafisi and CEO Mohammed Al-Omar, where they discussed recent economic developments and investment opportunities.
Indonesian official discussed some investment opportunities in various fields in Indonesia, and explained the privileges and advantages that Indonesia offers foreign investors. He revealed that the parliament has recently issued laws in favor of Islamic banking. He stressed that Indonesia has a big market in eastern Asia, since its population is 250 million people. He added that the Indonesian economy has been recovering since 1997, and that there is noticeable growth in tourism, agriculture, transportation, and infrastructure projects.
Meanwhile, Al-Nafisi stated that KFH is interested in this part of Asia, which is evident by its successful bank in Malaysia that is considered as a platform for further expansion in the region. He went on to say that KFH is also interested in promising investment opportunities, especially establishing other banks. He noted that the investment environment and legislations in Indonesia are suitable for investments. He went on to stress that KFH is constantly considering investment opportunities in various markets, and is keen to take part in profitable projects. He noted that diversifying markets and investment fields limits risks and diversifies sources of revenues. At the end of the meeting, the Indonesian official and his accompanying delegation were honored.