SPAC

SPAC Chairman Message

Dear Local Manufacturers, Contractors, and Vendors …

Supplier electronic newsletter comes after an important event that was arranged by KNPC on 16 June 2009, which some of you have attended, to elect the members of your Council, the ‘Supplier Partnership Advisory Council’, which I’m honored to chair.

It is appropriate to quote part of the speech of Eng. Farouk Al-Zenki, KNPC Chairman and Managing Director, in that event as he expressed precisely our aim in our relationship with you:

“Yes, and without introductions or prolonging … we want your partnership… yes, partnership with our local vendors, manufacturers and contractors.

· We want the partnership… because we deeply believe that it brings

goodness and development to our beloved Kuwait.

· And because we believe in teamwork.

· And in a balanced relationship and mutual respect and understanding.

· And in the value of transparency and candor in our business.

· And because partnership serves the interest of all of us.

Yes, we want the partnership:

· In which we learn and benefit from each other’s experience.

· In which we work together to improve the quality of national products.

· That is based on treating all fairly.

· That improves the competition level among all of you.

· In which one party’s gain does not become a loss for the other.

· That does not mean compromising commitment with contracts.

And I promise you, on behalf of KNPC, that we:

· Will be open to your suggestions and your Council’s ideas.

· Will be serious and sincere at applying what is agreed upon.

· Will do our best to realize all the meanings and aspects of partnership with you".

All the best wishes for the SPAC. We look forward to following up on the accomplishments of the SPAC in the upcoming issues of this newsletter, and we seek God’s aid to attain what we all aspire for from our partnership.

Thank you.

Assad Ahmed Al-Saad

SPAC Chairman