23 projects on state land nearing re-offer
The efforts to develop 23 real estate projects on state-owned lands in Kuwait are focused on re-tendering and developing them, with the aim of increasing efficiency and strengthening private sector participation in their management and operation. The Public-Private Partnership Projects Authority is awaiting the approval of the Audit Bureau to award the consultancy studies contract valued at 2.150 million Kuwaiti dinars. These studies will include technical, economic, environmental, and legal feasibility assessments of the projects, evaluation of the bidders’ proposals, and supervision of all implementation phases until financial close. This step aims to improve service quality, enhance financial resources, and foster economic development.
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