Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Regarding agricultural and industrial plots, do you want to enjoy dates or cut down palm trees?
    Commodities

    Regarding agricultural and industrial plots, do you want to enjoy dates or cut down palm trees?

    September 14, 20253 Mins Read


    Once again, we return to the topic of industrial and agricultural plots due to their importance to the national economy. Beneficiaries of industrial, service, or agricultural plots have constructed buildings and invested huge sums of money in them.

    Many have taken loans from banks and maintained long-term relationships with them. Therefore, any issues affecting these plots directly impact all contracts related to the projects established on them. This is why banks consider these established buildings as tangible assets, which can be mortgaged and liquidated. When a project is halted due to license suspension, it often leads to involuntary insolvency for the investor.

    As I mentioned yesterday, this situation leads to the demise of the project and causes major harm not only to the beneficiary but also to the workers, many of whom have financial obligations such as rent, car installments, and other debts.

    Therefore, if a plot investor faces difficulties for any reason, they often turn to banks or bring in partners to revive the project or introduce supporting businesses to recover losses and develop their business. This approach is standard practice worldwide, as the fundamental principle is to protect the national product and work towards enhancing industrial and food self-sufficiency.

    This does not exist in Kuwait, neither for industrial plots, which are subjected to strict regulations as if they are always suspected of undermining social and economic security, nor in the form of pressure on industrialists and investors by employees whose only concern seems to be “eating dates, even if it means cutting down the palm tree”.

    This undoubtedly affects productivity and obstructs progress at a time when other Gulf countries are actively working to facilitate business and provide incentives for investment. These countries have established free zones that host multiple businesses to serve the overall development of their nation.

    These countries have permitted farms to create recreational areas, as seen in Abu Dhabi, and to build rest houses, provided they obtain the necessary approvals to ensure that the structures comply with building and urban planning regulations and do not conflict with agricultural land use plans.

    In contrast, Kuwait issued a decision ten years ago to establish ten industrial zones, but this has yet to be implemented. Instead, a decision was issued to suspend plot licensing and prohibit the transfer of licenses, representing a setback from the development expected by businessmen and investors aiming to stimulate the local industrial and agricultural sectors. Rather than advancing, we have regressed, which undoubtedly harms the economy and accelerates its decline.

    If the government seeks private sector participation, it should clearly announce this intention. If the decision aims to improve regulation, the government must communicate it well in advance of implementation, allowing for thorough discussion among all stakeholders, including banks, the industrial and agricultural sectors, and take public opinion into consideration. It is unfair to issue a decision and enforce it immediately without addressing the negative consequences. People yearn for stability and to witness the restoration of the state’s prestige, as promised by the new era.

    The government must act in line with the directives of the highest political leadership to restore Kuwait’s leadership. The Council of Ministers and official institutions must not work against this vision. Your Excellency, the Prime Minister, many affected by this poorly planned measure are already facing stagnation and depression. Please do not add to their anxiety. Let the people enjoy the promise of this new era – a return to leadership and prosperity.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Over 2.2 million pounds of pork jerky recalled nationwide – NBC 5 Dallas-Fort Worth

    Commodities

    Brazil, Venezuela, and Peru React to New U.S. Tariff Regime

    Commodities

    Copper Prices in London Hit Record High on Supply Fears — Commodities Roundup

    Commodities

    Wind power has cut more than £100bn from UK energy costs since 2010

    Commodities

    Caterpillar beats estimates as AI boom drives demand

    Commodities

    HowGood, The World’s Largest Agricultural Emissions Database, Joins Forces with PACT to Unlock Standardized Decarbonization Across the Food Supply Chain

    Commodities
    Leave A Reply Cancel Reply

    Top Picks

    Warabeya Nichiyo Holdings (TSE:2918) Is Due To Pay A Dividend Of ¥45.00

    Cryptocurrency

    UPI Vs Digital Rupee : Which Will Shape the Nation’s Financial Future? Experts Weigh In

    Cryptocurrency

    JPMorgan Targets Digital Payments with New JPMD Trademark Filing

    Editors Picks

    After years of delay, former Toys ‘R’ Us headquarters in NJ will be turned into housing

    October 19, 2024

    Intel’s Raging Stock Rally Lifts the US Government’s 10% Stake by 50% to $16B in Weeks

    October 3, 2025

    People urged to ‘shop around’ for better energy fix before new Ofgem price cap next week

    August 19, 2025

    3 Dividend-Paying Transport Equipment & Leasing Stocks to Watch

    August 29, 2025
    What's Hot

    Cryptocurrency Stocks To Keep An Eye On – February 12th

    February 14, 2025

    2 ‘Strong Buy’ Dividend Stocks Paying 7% Yields

    August 20, 2024

    Dividend Stocks: TVS Motor, Samvardhana Motherson, REC among others to trade ex-dividend next week; Full list

    March 22, 2025
    Our Picks

    Pakistan gears up to legalise cryptocurrency trading

    March 21, 2025

    Crypto Lobbyists Are Quietly Influencing 2024 Election: This Is Their Playbook – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

    October 16, 2024

    On House Guests, Unexpected Visitors and Real Estate Paranoia  ‹ CrimeReads

    August 27, 2024
    Weekly Top

    Wind power has cut more than £100bn from UK energy costs since 2010

    October 29, 2025

    Regulation is the Runway: How the UAE’s Fintech Framework is Powering Sustainable Growth

    October 29, 2025

    How Property Regulations Are Reshaping Investment Approaches

    October 29, 2025
    Editor's Pick

    3 ASX Dividend Stocks Yielding Up To 6.3%

    July 1, 2025

    La fintech ivoirienne Djamo atteint un million d’utilisateurs et vise une expansion majeure

    April 8, 2025

    Les solutions innovantes A2A de Trustly s’associent à la technologie Pay by Link de Paytweak

    April 28, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.