Legal advisers submit bids for Kuwait Airways privatisation

17 June 2010

Kuwait’s Partnerships Technical Bureau received bids for the legal advisory for privatisation of Kuwait Airways Company

Kuwait’s Partnerships Technical Bureau (PTB) has received bids from seven legal advisers for the privatisation of Kuwait Airways Company.

The deadline for submitting bids was 8 June.

The privatisation of Kuwait Airways Company is part of a larger government strategy to develop the country’s economy.

It is key to the government’s current five-year plan, which runs to 2014, and the wider Kuwait Vision 2030 outlined by the UK’s Tony Blair Associates in 2009 (MEED 2:6:10).

The companies who submit bids are:

  • Local Abdulhameed Al-Sarraf & Partners with US’ Baker & McKenzie
  • DLA Piper Kuwait, NEN Al-Wagayan, Al-Awadi & Al-Saif with London-based DLA Piper
  • Local Al-Moqatei & Partners Lawyers and Consultants with Canada’s Fasken Martineau Law firm and US’ Eckert Seamans Cherin
  • Local Bader Saud Al-Badr & Partners with UK’s Clyde & Co
  • DWS Kuwait with London-based Denton Wilde Sapte
  • Asar – Al-Ruwayeh & Partners with UK’s Allen & Overy
  • Al-Twaijri & Partners Law Firm with US’ Pillsbury Winthrop Shaw Pittman

The PTB is also planning to develop a number of projects on a public-private partnership (PPP) basis over the next two to three years.

These projects include the $7bn Kuwait metro, Failaka Island tourism development project and Kuwait’s national railway network.

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