Kuwaitization at KIPIC has exceeded 90 percent of the company’s staff, CEO Hashim Sayed Hashim said, voicing pleasure and pride of the achievement.
Addressing a ceremony held at Al-Zour 2 building marking the first anniversary of the company, Hashim reviewed a host of major events in KIPIC’s history.
“The foundation process was not that easy. We completed the required documents from the Kuwait Petroleum Corporation (KPC) and the Ministries of Justice, and Commerce and Industry,” he said.
“It was a colossal challenge but we drew up a detailed and deliberative plan for a company that owns enormous assets. Al-Zour Refinery will be one of the largest in the region, and so will be the LNG Import Facilities and the Petrochemicals Complex (PRIZe),” Hashim added.
Meanwhile, the CEO launched KIPIC’s website on the sidelines of the ceremony, where a group of Kuwaiti youth working for the company was honored. “This ceremony is a cause for pride and we are looking forward to further achievements thanks to the efforts of the company’s entire staff, KPC and fellow companies” KIPIC’s DCEO for Financial and Administrative Affairs Mahmoud Abul said.
He affirmed that KIPIC’s projects would be a principal addition to the Kuwaiti economy. “We are all in service of Kuwait,” he stressed. “KIPIC has managed to allure the top experiences of the Kuwaiti oil sector,” Abul said, adding that there would be further job opportunities for the Kuwaiti youth who will assume responsibility in the future and continue the way of achievements.