Investment Promotion: $200 Billion Spent on Implemented and Planned Projects in Kuwait
The Direct Investment Promotion Authority revealed that the volume of implemented projects and expected to be implemented in Kuwait amounts to 198.2 billion dollars. It is important to note that this amount is divided between the projects that have been implemented (42.7 billion dollars), and the projects that are expected to be implemented in Kuwait ($155.5 billion).
The authority pointed out that the total projects implemented in the building and construction sector amounted to 13.1 billion dollars, while the total projects expected to be implemented in the sector amounts to 51.6 billion dollars. In the transportation sector, the implemented projects amounted to about 12.7 billion dollars, and the projects expected to be implemented is at a value of 49.9 billion dollars. In the manufacturing sector, the implemented projects amounted to 127 billion dollars and the projects to be implemented is at 20.2 billion dollars. The electricity and water sector totaled 4.2 billion dollars and the projects expected to be implemented amounted to 33.8 billion dollars. And the report of the Investment Promotion Authority, entitled "Be part of Kuwait's vision... Invest in Kuwait", which was obtained by "Al-Anbaa", stated that Kuwait has a huge range of attractive investment opportunities across various sectors. In the field of infrastructure, Kuwait has allocated more than 103 billion of dollars in Kuwait's second development plan (2015/2016 - 2019/2020). Kuwait has also allocated an amount similar to the new five-year development plan to develop infrastructure in the electricity, water and transportation sectors, providing opportunities for international investors, and Kuwait is the first country in the region to adopt the framework of a public-private partnership (PPP) to attract foreign developers.
September 14, 2021
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News: Investment Promotion: $200 Billion Spent on Implemented and Planned Projects in Kuwait
The Direct Investment Promotion Authority revealed that the volume of implemented projects and expected to be implemented in Kuwait amounts to 198.2 billion dollars. It is important to note that this amount is divided between the projects that have been implemented (42.7 billion dollars), and the projects that are expected to be implemented in Kuwait ($155.5 billion).
The authority pointed out that the total projects implemented in the building and construction sector amounted to 13.1 billion dollars, while the total projects expected to be implemented in the sector amounts to 51.6 billion dollars. In the transportation sector, the implemented projects amounted to about 12.7 billion dollars, and the projects expected to be implemented is at a value of 49.9 billion dollars. In the manufacturing sector, the implemented projects amounted to 127 billion dollars and the projects to be implemented is at 20.2 billion dollars. The electricity and water sector totaled 4.2 billion dollars and the projects expected to be implemented amounted to 33.8 billion dollars. And the report of the Investment Promotion Authority, entitled "Be part of Kuwait's vision... Invest in Kuwait", which was obtained by "Al-Anbaa", stated that Kuwait has a huge range of attractive investment opportunities across various sectors. In the field of infrastructure, Kuwait has allocated more than 103 billion of dollars in Kuwait's second development plan (2015/2016 - 2019/2020). Kuwait has also allocated an amount similar to the new five-year development plan to develop infrastructure in the electricity, water and transportation sectors, providing opportunities for international investors, and Kuwait is the first country in the region to adopt the framework of a public-private partnership (PPP) to attract foreign developers.
September 14, 2021
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