IMPORTANCE OF SHUAIBA INDUSTRIAL AREA KUWAIT IN MANUFACTURING
Situated in Eastern Arabia, Kuwait is one of the most popular countries for its oil reserve and refineries. The Kuwaiti Dinar is also one of the highest valued currency all over the world. As declared by the World Bank, the country has got the fourth highest per capita income in the world. The town of Kuwait was founded in 1613. It was only after the Persian siege of Basra in 1775-79, the Iraqi merchants took refuge in Kuwait city and brought trading and boat-building activities. This is what led to the expansion of the town. Gradually it became the center of boat building activities in the Persian Gulf region in the eighteenth and nineteenth centuries. Even though the great depression damaged Kuwait’s economy in the 1920s, the country was able to revive quickly due to its flourishing luxury industry of pearls and oil. The two ports, Shuwaikh and Shuaiba were the primary centers of transportation during the early trade expansion days. Gradually these two ports became extremely importa...