Request for proposals for the five packages expected to be relased before end of 2017
Kuwaits Public Authority for Housing Welfare expects to receive prequalification responses from investors for five public-private partnership (PPP) schemes at Jaber al-Ahmad and Sabah al-Ahmad cities on 17 September.
According to a source familiar with the schemes, the evaluation of the responses is expected to be completed within weeks. It will be followed by the release of a request for proposals (RFP) before the end of 2017.
The prequalified companies will bid for the contract to design, finance, construct, operate, manage and maintain three schemes in Jaber al-Ahmad City and two schemes at Sabah al-Ahmad Cities.
The schemes at Jaber al-Ahmad City includes:
- Residential units (for sale), retails shops, restaurants and parking
- Business centre, retail units, restaurants and park
- Residential units (for lease), retail shops and park
The investment opportunities at Sabah al-Ahmad City includes:
- Residential units for lease, retail units, kids club and park
- Industrial area for light or medium industries, workshops for repair services and storage areas. The package includes the construction of four government buildings and labour accommodation
Sabah Al-Ahmad City is being developed on a 4,000-hectare land located approximately 65km south of Kuwait city. It is envisaged to accommodate over 2,000 villas and a similar number of apartments as well as 52 schools and 70 mosques upon completion.
Jaber al-Ahmad City is relatively smaller and is being developed on a 1,245-hectare property some 22km west of Kuwait City.
PAHW has appointed Lebanons Dar al-Handasah as technical adviser for the project. UK-based consultancy PWC/Strategy& is financial adviser while Kuwaits Al-Markaz Law firm is legal adviser.
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