Kipco, Japanese firm eye Algeria project ,

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Kuwait Projects Company (Kipco) said on Thursday it planned to enter into a "strategic partnership" with Japan's Orix Corporation and that the companies were mulling a joint project in Algeria.                                                                                                                                            Kipco, Kuwait's largest investment company, said it would sign a memorandum of understanding with Orix, a leasing and financial services group.The two companies will study the possibility of a joint venture to set up a leasing company in Algeria, a statement on Kuwait's bourse said.
No financial details were provided in the statement

 

 

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