Kuwait signs deals worth $953m for housing project
The contract was awarded to a consortium led by Itlay's Salini Impregilo, including Turkey's Kolin Group
Kuwait's Public Authority for Housing Welfare has signed contracts worth $953m (KWD288m) for a new urban residential development northwst of Kuwait City.
The contract will see a consortium led by Italy's Salini Impregilo, including Turkey's Kolin Group, build the new housing project.
The South Al Mutlaa City development, located 40km northwest of Al Jahra City, will comprise 12 suburbs boating 28,363 housing units
Set to be home to around 400,000 residents, the new development will feature 116 schools, 156 mosques, 48 mini markets, 12 public health centres and three specilised clinics, according to Kuwait News Agency (KUNA).
Yasser Abel, Minister of State for Housing Affairs, said: "Though big, the project to develop the infrastructure of the city is expected to be implemented in a record time thanks to the long experiences of Salini and Kolin and the cooperation by PAHW."
The scope of work includes construction of 150km of roads and related structures and numerous art works, lighting infrastructure, water distribution, rain-water gathering and sewage systems, and other civil works necessary for the distribution of electricity, installation of telecommunications networks and traffic control.
A five-year contract worth around $77.8m was also inked with Hill International for the management of the project.