The Public Authority for Housing Welfare said the actual cost of construction projects during fiscal 2020/2021 was 356.3 million dinars, 354.6 million dinars, the actual cost of 12 projects for a city and residential area, while the value of public consultation contracts and other construction projects amounted to 1.67 million dinars.
According to data obtained by Al-Anbaa, the estimated contractual cost of about 13 projects was to 2.96 billion dinars, the largest of which was Al-Mutla’a Residential City with a value of 987.8 million dinars, followed by Sabah Al-Ahmad Residential City with a value of 732.5 million dinars and Jaber Al-Ahmad City with a value of 537.7 million dinars.
The data showed that the total actual cost of the projects implemented by the PAHW until March 31, 2021 was to 2.79 billion dinars, with a total implementation rate of 94.29 percent.
Kuwait is seeking to implement huge projects to provide housing care for citizens, in light of the increased demand for in many new cities, which falls within the tireless efforts exerted by the PAHW to reduce the number of existing housing requests.
