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2026-09-06T22:00:00.000Z

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Government firms to manage withdrawn coupons

Government firms to manage withdrawn coupons

The Kuwait General Directorate of Industry has implemented measures to utilize the service and craft plots designated for commercial use by withdrawing them from violators. Meanwhile, the management of these plots will continue temporarily through two trusted government companies until they are put up for public auctions to attract new investors. This action aims to maintain the flow of government revenues and enhance the attractiveness of the plots for investment. It also supports an expanded operational strategy that ensures ongoing activity and profitability, with the goal of achieving announced financial returns from rental income. Additionally, 29 illegal plots have been shut down across various industrial areas due to violations such as lack of licensing, encroachment on state property, poor storage practices, and other violations that compromise the safety and security of the facilities.

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