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Kuwait to launch $4bn development projects

KUWAIT, March 8, 2016

Kuwait's government will soon start work on development projects worth KD1.2 billion ($4 billion) including construction of new roads and bridges across the country, said a report.

According to senior officials, the Ministry of Finance and State Audit Bureau are expected to give the go-ahead for these infrastructure works including building of new 130-km-long roads, reported Arab Times.

These projects, which have been designed on par with international standards, will also include improvement of roads and infrastructure by the Public Authority for Housing Welfare (PAHW), in addition to Metla’a Housing City and Al-Ghos Team. The Al Metla'a housing project involves the construction of 12 residential complexes that will offer 30,000 units for sale to Kuwaiti citizens. Delivery is scheduled for 2017.

The road projects will be developed in six phases that include three ongoing phases and three other new phases, said the report.

The Ministry of Public Works said work has already started on the construction and maintenance of roads and bridges along the road linking Sabah Al-Ahmad City to Khairan Residential City, as part of the major projects estimated at KD45.75 million ($153 million), it added.




Tags: Kuwait | project | development | Infrastructure |

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