China to Develop New Port in Kuwait for Regional and Global Trade

China to Develop New Port in Kuwait for Regional and Global Trade

Kuwait and China formalized a new agreement, building on their cooperation and which aims to complete the development of a new port in northern Kuwait...

Electricity Ministry pushes forward Shagaya, Mubarakiya, key infrastructure projects - Times Kuwait

Officials from the Ministry of Electricity, Water and Renewable Energy are scheduled to meet today, Thursday, with the Kuwait Direct Investment Promotion Authority to review the latest developments of the Shagaya renewable energy project, specifically its third and fourth phases. The project, which is set to be awarded to a Chinese state-owned company, is expected to produce around 3,500 megawatts of electricity. Informed sources at the ministry…

Kuwait awards $4bn port contract to Chinese company

Kuwait has given a Chinese company a contract to build Mina Mubarak Al-Kabeer port, as the Gulf state seeks a greater share in world trade. The engineering, supply and construction contract for the port located on Boubyan island in Kuwait went to the China Company for Communications and Construction, Kuwaiti state-run news agency Kuna reported. The deal is valued at $4 billion, according to local media. The port will act as a strategic base for …

Kuwait China Port Project Agreement Signed

Kuwait China port project agreement was signed as the Kuwaiti Ministry of Public Works and China Communications Construction Company concluded an EPC contract for the first phase of Mubarak Al-Kabeer Port on Boubyan Island. Kuwaiti Prime Minister Sheikh Ahmad Abdullah Al-Sabah called the project a symbol of strong bilateral friendship, while Chinese officials said it marks a milestone in high-quality Belt and Road cooperation and supports Kuwait…