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Essay / Kuwait Case Study - 1163
KuwaitI was hired in the international division of Multination Corporation in Kuwait. I was posted to a country called Kuwait. My company is planning to build a factory. The mission was to recommend or not the construction in Kuwait. There are issues that need to be considered when entering Kuwait and my research will highlight these issues. Kuwait is a rich country, they declared a surplus of 13 billion KD. 90 percent are not rich or not so rich. They said there was an experience of international poverty during the last fortnight of each month. (Quote from life in Kuwait). It's bad because the whole country is poor, it's just the people who are rich. Kuwait is a wealthy country with a mix of expats from various parts of the world. Kuwait is known for helping poor countries in need in Africa and Asia. Which is a good thing because a lot of people need help and anything, even the smallest thing, can make a big difference. I recommend building a factory in Kuwait so that its economy and its country can live on oil, which is why I plan to open a factory. Knowing that the country is all about oil, I can create jobs and make a profit. Kuwait would have enough oil to last a hundred years. Knowing there is oil, Kuwait can see the company doing good numbers. At first, the national port was the main access and a valuable asset until oil was found. Today, Kuwait's main commercial port continues its economic activity. Kuwait's natural resources include: oil, fish and natural gas. The economy depends on oil, without it the country would not survive. Money in Kuwait is called the Kuwaiti Dinar. What is the Kuw...... middle of paper ...... follows a system of constitutional monarchy with a parliamentary system to grow. It became independent after the end of the British protectorate on June 19, 1996. It has the fifth largest proven reserves, making Kuwait the fourth richest country in the world in terms of per capita. Oil and petroleum products account for approximately 95 percent of export earnings and 80 percent of Kuwait's government revenue. The main industries of Kuwait are: Kuwait Investment Authority (KIA), Kuwait Petroleum (KPC), National Bank of Kuwait (NBK), Zain Mobile Telecommunication Co. (MTC), public social security institution of financial industries of Kuwait Kuwait (PIFSS). There are many companies in Kuwait, a leading advertising agency, a leading international airline, an information shield. The terrorist problems of the time, with the Persian Gulf War from fall 1990 to early 1991, Iraq engaged in a systematic strategy.