Kuwait Oil Company frees 70 million sq/m of land for residential blocks.

The state-run Kuwait Oil Company (KOC) has handed over up to 70 million sq/m of land suitable for residential purposes to the Municipality, the Minister of Communications and Municipal Affairs said yesterday.

[tbpspa]

The land located south of the area of Saad Al-Abdallah on the Sixth Ring Road motorway can accommodate 43,000 housing units, he said in a press statement. The fact that the area is adjacent to a motorway is a positive sign, along with its proximity to public utilities and services, he added.

The location will respond to 50 percent of the applications made by locals for housing the state offers for no charge, but requires the efforts of the Public Authority for Housing Welfare in rehabilitating it for the goal.

  Via: KUNA

No.of Reads (291)

WCK

A light Year Ahead News Source.