The value of Kuwait's construction market and its influence on the strength of the GCC's position as an international hub has been highlighted in a recent report. Currently valued at $250.6 billion, ongoing construction projects contribute a growing proportion of the GCC's $2.54 trillion spend on the industry, according to the report from Zawya.
The report reveals that there are signs of a greater determination by Kuwaiti authorities to implement large infrastructure projects associated with the government's four-year $108 billion National Development Plan. The plan includes a new $6 billion airport terminal, $7 billion metro, new refinery and hospitals.
ifpinfo
18 May
