Public ID: PID-G3NXNG
Local investment requirements for overseas investors winning government contracts
Trade barrier summary
The Kuwaiti government have revived the offset programme, which requires that overseas investors winning major government contracts invest in the local economy.
Offset is required on defence contracts whose values are equal to or greater than KD3 million; in addition to civil contracts, whose values are equal to or greater than KD10 million. The offset obligation value is equivalent to 35% of the monetary value of the contract, signed with the foreign entity, with the potential of deducting the monetary value of some civil contracts.
7 July 2020
18 December 2020