South Korean ambassador in Kuwait applauded the efforts exerted by Kuwait Finance House (KFH) in constantly supporting the local market in the cars field, since these efforts led to excellent results in marketing and promoting Korea’s high quality products. He added that such efforts benefit Korea, KFH, and the client.
It is worth noting that KIA’s authorized dealer in Kuwait Abdul Aziz Al-Mutawwa Group held a celebration to reveal its new car. The ambassador explained that the visits made between Kuwaiti and Korean companies have underlined the economic cooperation between both parties, and served as a platform for further full-fledged cooperation.
KFH’s AGM for Commercial Sector Ahmed Al-Khaled highlighted during the meeting the role played by South Korea in car manufacturing. He added that South Korea produces several brands of cars, which attracted numerous KFH clients, and mentioned that those companies offer competitive privileges, including post sales services.
Cars Department Manager at KFH Ahed Al-Eissa said that the visits made by KFH officials to Korean factories, have cemented KFH’s trust in those products that are supported by local promotional programs. The economic and commercial cooperation between Kuwait and South Korea is rapidly developing, where the volume of commercial trade exceeded USD 18 billion last year. Kuwait is considered to be the second oil supplier to South Korea, and the fifth biggest constructions market, based on recent economic reports. South Korean companies are currently working on several major projects in Kuwait that include various sectors, such as oil and infrastructure projects.