Kuwait mega-projects: $200 billion worth of projects in Kuwait
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about public spending, projects and investment sectors in Kuwait.
imported 2024-03-17 17:43:07
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about public spending, projects and investment sectors in Kuwait.
Zulfikri Osman, COO of Asia Aerospace City talks about the strategic advantages of Malaysia.
Zulfikri Osman, COO of Asia Aerospace City talks about how Malaysia is being transformed into a high income economy by 2020.
Zulfikri Osman, COO of Asia Aerospace City talks about the strategic plan to make Malaysia the major hub for OEMs such as Airbus or Boeing.
Zulfikri Osman, COO of Asia Aerospace City talks about the strategic plan to make Malaysia one of the best place for OEMs in Asia with initiatives such as Asia Aerospace City.
Zulfikri Osman, COO of Asia Aerospace City talks about the background of one of the largest aerospace zone projects.
Michael Wuebbens, managing director of Huta Group talks about the company and presents the group employing over 7,000 people. The group is the largest marine contracting company in Saudi Arabia.
The sector is growing. I like to divide the construction sector into 5 branches. The first is civil construction which is large and mega buildings. In this country there are a lot of existing projects for all of the Ministries. These will be new constructions for the governmental bodies. We are now working on three mega projects for governmental buildings. Also there are housing projects which include about 50 thousand houses for Kuwaitis. These projects will be worth about 130 billion US dollars.
Right now the real estate market is facing a lot of changes. The Minister of Council has announced that he will charge a fee or levy tariffs on the white lands. This gives rise to a lot of rumors. People are not sure about the future of the real estate market.
The government has invested about 50 billion in funding for the development of rail infrastructure, since 1990. The Prime minister announced last year that they would spend another 160 billion Ringgits until 2020.