Kuwait to build 80 road projects worth $26m

Kuwait to build 80 road projects worth $26m
Kuwait will reportedly build 80 road projects in the coming years [representational image].
Published: 28 March 2018 - 12:10 a.m.
By: Neha Bhatia

Kuwait's budget for road projects is valued at $26m (KWD8bn), according to a government official.

The director general of the roads authority and land transports, Ahmad Al-Hesan, said up to 80 projects will be implemented in Kuwait using the funds, in order to facilitate traffic in coming years.

Additionally, the authority expects a budget of $1.6bn (KWD500m) for next year, in addition to $42m (KWD13m) "earmarked for miscellaneous expenditures". 

Eight of these developments have already been finalised, Al-Hsan said. 

The official estimated that infrastructure funds worth $5.2bn (KWD1.6bn) had been spent in Kuwait "over the past years", according to the country's state news agency, KUNA.

Road development is one of the sectors driving construction activity in Kuwait.

Earlier this month, Stephen Burke, general manager of VSL, said road projects were encouraging investment in post-tensioning schemes.

"Kuwait has got the budget for these post-tensioning projects and they need to invest now in the infrastructure, such as the new causeway," he said.

"The population seems to be growing; they’re investing in a new airport. There seems to be a new vision for Kuwait to turn the country into a trading hub." 

 

 

 

Click here to add your comment

Please add your comment below
Name
Country
Email
Your email address will not be published
Captcha