Kuwait Construction

Displaying 13 - 18 of 66

Higher levels of public spending, supported by greater participation from the private sector, are expected to drive infrastructure projects in Kuwait over the short to medium term.

 

How are public-private partnership (PPP) frameworks being developed to encourage private sector participation in housing construction projects?

 

The impressive scale of Kuwait’s real estate sector can be seen from outer space in a time lapse video made from satellite images. These images show a new city in the country’s south being gradually reclaimed from the sea over the course of 15 years. Sabah Al Ahmad Sea City represents KD1.5bn ($5.1bn) worth of private investment by the La’ala...

 

Which segments are showing strength in the present real estate environment?

 

With the country beginning to clear a backlog of major projects in energy, infrastructure and housing, the construction sector in Kuwait has seen a resurgence of activity in recent years. The government’s five-year National Development Plan committed to spend KD34bn ($112.5bn) over the 2015-20 period, and KD12bn ($39.7bn) worth of projects...

 

Home ownership has been on the rise in Kuwait, as the government has begun to deal with a house-building bottleneck that has locked many married couples out of the market. For Kuwait citizens a house was a birthright redeemed upon marriage. With 103,000 couples on the waiting list for a free government home in 2016, delays in government house-...

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