Diversification
In 2007, hydrocarbon industries accounted for well over 95% of the Kuwaiti economy. Diversification of the economy into manufacturing industries remain a long-term issue.
Industry in Kuwait consists of several large export-oriented petrochemical units, oil refineries, and a range of small manufacturers. It also includes large water desalinization, ammonia, desulfurization, fertilizer, brick, block, and cement plants. During the invasion, the Iraqis looted nearly all movable items of worth, especially high-technology items and small machinery. Much of this has been replaced with newer equipment.
Read more about this topic: Economy Of Kuwait