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Billions spent, little done says Kuwaiti candidate

by CW Staff on Jan 18, 2012

1 Comment

Silk City, one of the mega projects approved as part of Kuwait's current five year plan.

A Second Constituency candidate for the next Kuwaiti parliamentary elections called for speeding up the implementation of the national development blueprint.

Mohammad Flaitah told supporters that although more than $14bn of the country’s $130bn development plan had been spent, no tangible results have been made on the ground.

Flaitah also called for encouraging the private sector to play a more active role in the development process, supporting national products and small and medium-sized enterprises and protecting small investors.

The current national development plan covers 1,100 projects to 2013/14 and includes a new business hub (Silk City) with estimated cost US$77bn; a major container harbour and a 25km causeway; a railway and metro system; and increased spending on the country’s oil sector to raise production capacity and modernise current facilities.

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FEATURED COMMENT

it looks like earth of all the cities across the world in one country!

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marcellus kelley (Jan 18, 2012)
Buffalo N.Y
USA

infra-structure
it looks like earth of all the cities across the world in one country!

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