$5 billion will be spent by Kuwait Govt. to build over 174000 news houses by 2020.

Housing Schemes in Kuwait

Kuwait Govt. plans to build around 174,000 houses by 2020, the housing minister told parliament on Thursday, in projects that will cost billions of dollars.

“Currently, we have more than 100,000 applications for houses from citizens. The number grows by over 8,000 a year and we expect to require around 174,000 units by 2020,” Salem al-Othaina said in a special parliament debate.

[tbpspa]

“By 2020, we plan to build three new cities with a capacity of 108,000 units… In addition, we plan to create several new residential areas with around 66,000 units,” he said.

One of the three cities is planned on the Saudi border while the other two will be built close to the frontier with Iraq, Othaina said.

He gave no estimates for the total cost of the eight-year plan, but roughly  the infrastructure alone for the planned projects would cost more than $5 billion (3.8 billion euros).Othaina said the ministry plans to invite companies in the private sector to take part in the project.

[tbpspa]

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2 thoughts on “$5 billion will be spent by Kuwait Govt. to build over 174000 news houses by 2020.

  • March 12, 2013 at 4:41 PM
    Permalink

    dear mr ” Salem al-Othaina

    this is eng ahmed from linkiden , found your ad asking for promising employees ,i am from cairo egypt , please find attached my cv for the post of procurement & logistics manager , to apply for kuwait projects ,if interested to hire ,just drop me and email or call mobile, previous experience with american multi national firms in egypt and the gulf region for 20 yrs in material, procurement, logistics . planning and foreign purchasing
    rgds

    att eng ahmed shawky
    mob 002 – 0111 771 0 333
    mailto:ahinc@tedata.net.eg
    microsoft certfied mcsa # 2617385
    cv
    https://www.dropbox.com/s/b3shylm9f1i71iv/c%20v.doc

  • March 21, 2013 at 1:19 AM
    Permalink

    Dumela
    From Botswana
    I am construction professional with 27 years of experience ,out of that 15 years worked in Government development projects,housing, commercial and industry sectors.I am LinkedIn member and very much interested to assist the Kuwait Gov.in the above presented project.Please find full details of my professional profile http://www.linkedin.com/pub/katarina-jovanovic/35/480/1a1/
    Thank you
    Best regards
    Mrs.Katarina Jovanovic
    Gaborone Botswana
    +26771454901
    kj60yu@yahoo.com

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