Construction plans of Kuwait's $86bn Silk City revealed
The 250sqkm Silk City in Subiya will be constructed over a 25-year period, and is expected to spur the growth of Kuwait as a global investment hub
The design and construction details of the new $86bn (KWD26.1bn) Silk City development, part of the Kuwait National Development Plan 2035, have been revealed.
Spanning 250km2 in Subiya, Silk City is a multi-phased development that is due to complete over a 25-year period. It will be linked to Kuwait City through the under-construction Jaber Causeway, and feature four quarters, or ‘villages’, that will offer hotels, sports, medical, and environmental facilities.
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Among Silk City’s main attractions is expected to be the Mubarak Al-Kabir tower, a 1km (1,001m) development that will rise to 234 floors, and house 7,000 people. Seven “vertical villages”, including hotels, residences, offices, and entertainment facilities are expected to be developed within the tower, according to Kuwait’s state news agency, KUNA.
Jaber Bridge, planned to become the world’s fourth-longest of bridge, is a key part of the Silk City development, where five islands are expected to be developed. The latter includes the Mubarak Al-Kabeer port, which “will help the country to open to the world commercially and economically, and serve Kuwait's interests”, according to the report.
Silk City is expected to house up to 700,000 people, and will include amenities such as an Olympic stadium, a 2km2 nature reservation area, an airport, and areas for business, leisure, athletics, and conventions. A centre for environment studies will also be developed within the project.
According to the report, Silk City Project Company will be established to prepare a draft law for the project’s establishment and implementation.
The company will also divide the city “into stages […including] parts of the economic, commercial, and residential projects”.
Upon completion, the marine-front Silk City is expected to “bring Kuwait back on the world map of tourism and investment”, KUNA’s report stated.
It added: “In the coming period, Kuwait will focus on attracting foreign investors for their importance in developing economic activities, as well as achieving security and stability for the region and creating the most suitable atmosphere for foreign investors.”