Kuwait plans to resurrect stalled mega-projects

Kuwait plans to resurrect stalled mega-projects

The Kuwaiti government has released a development plan for 2015-2020 that includes the resumption of a number of stalled mega-projects along with a range of previously announced or underway projects.

The plan, which will also focus on economic reforms, was approved by the country’s cabinet but still needs to be passed by parliament, Hind Al-Subaih, Minister of Social Affairs and Labour and Minister of State for Development and Planning Affairs, told Arab Times.

Projects in the plan include the construction of a metro project and a (KWD 8bn) rail project to link the six partners of the Gulf Cooperation Council (GCC). Kuwait has already confirmed the network layout for its new $20bn metro, with construction is due to begin in 2017.

Other projects include a new terminal at Kuwait International Airport; a media city; further development of the Mubarak Al Kabeer Port on Boubiyan Island; Al Zour 2 power generation project; Al Zour refinery; establishment of a joint stock low-cost housing company; development of the Failaka Island; expansion of the sewage network; and a solid waste treatment facility in Kabd.

The plan also envisages the development of Madeenat Al Hareer (Silk City), a proposed 250km² urban area in the northern Subiya region. It will feature the Burj Mubarak Al Kabir tower, a nature reserve, a duty free area, a nearby airport, a large business centre and other facilities, said the report.

Kuwait’s last five-year development plan saw only 57% of the allocated budget spent, the report said.

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