Event Location: 
Sheikh Jaber Al-Ahmad Cultural Centre, Kuwait
Event Date: 
10-11 December 2019
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National Technology Enterprises Company (NTEC)

National Technology Enterprises Company (NTEC)
Bronze Sponsor 2019

Biography

The National Technology Enterprises Company (NTEC) was established by the Kuwait Council of Ministers as a fully owned subsidiary of the Kuwait Investment Authority, (KIA), with an authorized capital of 100 Million Kuwaiti Dinars ($330 Million) and a paid up capital of 85 Million Kuwaiti Dinars ($280 Million). NTEC was created to play a vital role in servicing major stakeholders in Kuwait with their technology and knowledge transfer aspirations. The company has the advantage of being fully owned by the Kuwaiti government while benefiting from all advantages of a private sector company. NTEC was able to utilize its broad objectives to develop distinctive operational and investment strategies to address its core mandate: Technology & Knowledge Transfer. Specifically focusing on: Information & Communications Technologies, Life Sciences & Healthcare Technologies, Energy, Renewable Energy, Water & Environmental Technologies