Kuwait has awarded $15.7bn of road projects over the past 10 years
Kuwait’s Public Works Ministry (MPW) has said it plans to tender 24 road projects worth an estimated KD4bn ($13.2bn) “over the coming years”, according to a report by Kuwait News Agency.
The ministry, however, did not provide specific details about these planned road projects.
According to regional projects tracker MEED Projects, Kuwait has awarded an estimated $15.7bn-worth of road projects over the past 10 years, with 2013 and 2016 having seen the highest value of awards.
However, MEED reported earlier this year that actual construction work on some of the contracts awarded in 2016 has been delayed.
There are also more than $10.1bn-worth of road projects that are currently under design and procurement.
The largest road contracts that are expected to be awarded soon include the infrastructure and road works at South Al-Mutlaa City as well as regional roads in the southern and northern regions of the country.
| Year | Kuwait road contract awards ($m) |
| 2008 | 417 |
| 2009 | 1,745 |
| 2010 | 1,580 |
| 2011 | 410 |
| 2012 | 646 |
| 2013 | 2,837 |
| 2014 | 882 |
| 2015 | 1,483 |
| 2016 | 3,969 |
| 2017 | 1,767 |
| Total | 15736 |
| Source: MEED Projects | |
| This article has been unlocked to allow non-subscribers to sample MEED’s content for FREE. MEED provides exclusive news, data and analysis about the Middle East every day. Subscribe to MEED to have full access to Middle East business intelligence. Click here |
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
