Joint panel says Kuwaitization process is very slow

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KUWAIT: A committee consisting of representatives from the government and the private sector aims to correct the skewed composition of expatriates in the private sector. “Kuwaitization in private companies is moving more slowly than expected. A committee of financial experts and consultants has been formed to put forward practical solutions for the needs of the Kuwaiti market. Our goal is a ratio of 70 percent of citizens compared to 30 percent of expats by releasing unneeded workers in the Kuwaiti market,” a government source told the Kuwait Times.

The committee representing the government and the private sector from the Chamber of Commerce and Industry will propose a plan to improve the situation in both sectors by combining similar employment sectors and through the privatization of government entities, including the ministries of electricity, information, communications and health.

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“Kuwait private companies have been very slow in localizing their companies, so the main objective is to put forward a joint plan to improve the Kuwaitization process. These solutions include reducing employee benefits in the public sector and hiring Kuwaitis in really needed jobs, such as the healthcare sector and some teaching specialties such as mathematics, physics and chemistry,” the source added.

The panel will begin work after the election of the National Assembly and in time for the formation of a new government. The sources added the government could release about 50,000 foreign workers in Kuwaiti companies within three years, particularly in construction companies, which lack Kuwaiti workers.

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“This committee is an important and serious step towards unifying the vision of the future between the private sector and the government, with the hope of deterring the ruthless iqama traders, who have flooded Kuwait with workers unable to find work, and allowing more jobs. opportunities where there is a need,” the source added. In particular, the process will include a system where expats without the required work will be forced to leave by limiting work permits and climbing fees under strict new regulations.

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