Construction & Real Estate

Kuwait Construction & Real Estate

The Kuwaiti construction market saw a marked rebound in 2014, with the government moving forward with key developments in a number of sectors. The Public Authority for Housing and Welfare has a mandate to provide housing for 2.6m people by 2030. The country’s oil and gas sector was a major contributor to the country’s resurgence in construction projects, with oil and gas projects representing more than 60% of the $25.1bn awarded in 2014. Rising investment in real estate, meanwhile, is bolstering that sector, with the total value of transactions in 2014 increasing by nearly 40% on 2013 to reach $7.27bn.

This chapter contains an interview with Khaled Al Mashaan, Vice-Chairman and CEO, Alargan.

Cover of The Report: Kuwait 2015

The Report

This chapter is from the Kuwait 2015 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of
Khaled Al Mashaan, Vice-Chairman and CEO, Alargan: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart