Kuwait signs deals worth $953m for housing project
The South Al Mutlaa City development will consist of 28,363 homes spread across 12 suburbs
Kuwait’s Public Authority for Housing Welfare has signed contracts worth 288 million dinars ($953.3m) to commence work on the South Al Mutlaa City development, the largest housing project in the country.
According to a report by the Kuwait News Agency (KUNA), the housing authority has signed contracts with Italy’s Salini Costruttori engineering company and Turkey’s Kolin Group to start infrastructure works.
It has also signed a five-year contract worth nearly $77.8 million with Hill International for the management of the project, it was reported.
The housing development will consist of 28,363 homes spread across 12 suburbs. It will house around 400,000 residents and include 16 schools, 156 mosques, 48 mini markets, 12 public health centres and three specialised clinics.
Around 60 tenders for the construction of public utilities and power plants among other things will take place over the coming years, with the first license expected to be issued in December 2018.
