Kuwait to set dates for major joint development projects with international partners
Key projects discussed include developments at Mubarak Al-Kabeer Port, expansion of the electricity system, renewable energy initiatives, low-carbon waste recycling systems, housing development, sewage treatment, environmental protection, and combating desertification.
His Highness the Prime Minister Sheikh Ahmed Al-Abdullah reaffirmed the government’s commitment to enhancing bilateral strategic partnerships, directing the commencement of scheduling contract signings for major joint development projects with several countries.
These projects span multiple sectors, including construction, transportation, logistics, renewable energy, environmental infrastructure, and housing development.
Speaking at the 34th meeting of the Ministerial Committee for Monitoring Major Development Projects, Al-Abdullah emphasized that upcoming visits by senior political leaders will play a crucial role in strengthening economic, investment, and trade relations between Kuwait and partner nations.
He praised the success of existing strategic partnerships and noted that current cooperation lays the foundation for a new phase of mega-projects.
Ambassador Samih Jawhar Hayat, Assistant Foreign Minister for Asian Affairs and rapporteur of the Ministerial Committee, highlighted that discussions focused on achieving a qualitative leap in joint economic and investment cooperation.
Talks with international companies are ongoing, aiming to remove obstacles and enhance communication, coordination, and investment flow between Kuwait and countries with which it has memoranda of understanding and cooperation agreements.
Key projects discussed include developments at Mubarak Al-Kabeer Port, expansion of the electricity system, renewable energy initiatives, low-carbon waste recycling systems, housing development, sewage treatment, environmental protection, and combating desertification.
The meeting was attended by high-ranking officials including Abdulaziz Al-Dakhil, Head of the Prime Minister’s Office; Dr. Noura Al-Mashaan, Minister of Public Works; Abdul Latif Al-Mashari, Minister of State for Municipal and Housing Affairs; Dr. Subaih Al-Mukhaizeem, Minister of Finance and Acting Minister of State for Economic Affairs and Investment; Sheikh Dr. Meshaal Al-Jaber, Director General of the Kuwait Direct Investment Promotion Authority; Counselor Salah Al-Majed, Head of the Fatwa and Legislation Department; and Ambassador Samih Jawhar Hayat.
This step demonstrates Kuwait’s proactive approach to accelerating major development projects and expanding its strategic economic and investment collaborations on a global scale.
