Four projects currently under technical evaluation
The head of Kuwaits public-private partnership (PPP) body says the organisation is currently evaluating proposals for projects worth about $6bn.
Speaking at MEEDs Kuwait Projects conference in Kuwait City on 28 November, Motlaq al-Sanei, general manager for Kuwait Authority for Partnership Projects (KAPP), said that four projects were currently under technical evaluation, with the projects having an estimated value of $6bn.
Al-Sanei outlined the changes to Kuwaits PPP body and the countrys legal framework since the contract for the countrys first PPP project, the Al-Zour North 1 independent water and power project (IWPP), was awarded in 2013.
Al-Sanei said that due to exemptions to taxes and fees for developing projects, Kuwait offered a much more attractive PPP market than many other countries in the region.
The KAPP head said that the organisation still faced a number of obstacles delivering projects, including insufficient access to accurate data and changing technical criteria of project. Al-Sanei said acquiring and allocating sufficient land for projects was also causing some problems.
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