Germany's automotive industry Daimler said on Friday it is proud of Kuwait, represented by the Investment Authority (IA), as a strategic partner and investor.
Speaking to KUNA on the sidelines of a ceremony held by Daimler in the city of Stuttgart to mark the 40th anniversary of the cooperative partnership between the German group and the State of Kuwait, a senior Daimler official said the German car maker is interested in cooperation with investors like the State of Kuwait, who trust the company's performance.
The German automaker's finance chief Bodo Uebber added that Daimler always makes a balance between German and European investors on the one hand and Arab, Asian and American ones on the other hand.
His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Ahmad Al-Sabah is here to participate in the German car maker's celebration of the 40th anniversary of the cooperative partnership between the German group and the State of Kuwait.
The official stressed the significance of His Highness the Prime Minister's visit which comes at the invitation of the company, emphasizing that the tour reflects the distinctive partnership with the State of Kuwait.
Such partnerships lead to the provision of job opportunities and encouragement of inter-culture dialogue as well as promotion and development of friendship between Germany and Kuwait, he pointed out.
On cooperation between Kuwait and the automaker, Kuwait's Investment Authority has been investing in the German company for 40 years, he said, thanking the Investment Authority for trusting Daimler.