Tag: Kuwait

Construction & Real Estate

Kuwait awards $3.3bn construction contract for key sewage plant

Kuwait has awarded a major contract worth KD999.8 million ($3.3 billion) to China State Construction Engineering Corp for the construction of North Kabd sewage plant. The scope of work includes design and build as well as operation and maintenance services for over a 10-year period. ...

Construction & Real Estate

Alhani named main contractor for major Kuwait beach development

Alhani Construction said it has been appointed as the main contractor for the Egaila Beach development project – Plage 7 in Kuwait. Spanning 60,000 sq m, the project will feature indoor as well as outdoor recreational areas with water attractions, health club facilities and space for year-round beach activities. ...

Construction & Real Estate

United Gulf Construction secures $317m Kuwait water project contract

Kuwait-based United Gulf Construction Company has secured a major contract worth KD97.4 million ($317 million) from Ministry of Electricity & Water & Renewable Energy for the construction, maintenance and development of key facilities at its Doha Water Distribution Complex. ...

Construction & Real Estate

Acwa Power buys entire Engie stake in Kuwait's Az Zour utility project

Saudi utilities major Acwa Power has announced the completion of acquisition of French energy giant Engie’s stake in the Al Zour North One Power and Water Plant (Az-Zour North IWPP) in Kuwait. The gas-fired IWPP has a 1.5GW power generation capacity and a 107 MIGD desalination capacity. ...

Construction & Real Estate

Kuwait awards $119m South Sabah Al Ahmad City contract

Kuwait has awarded two contracts worth KD36.5 million ($119 million) for the supply, installation and maintenance of underground 400-kV cables to feed four main substations in South Sabah Al-Ahmad City. The entire work will be completed within 26 months. ...

Construction & Real Estate

Heisco lands Kuwait power plant maintenance contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a major contract from Kuwait's Ministry of Electricity & Water & Renewable Energy for supply, commissioning and maintenance services related to the construction of lines feeding Al Khairan Power Plant. ...

Construction & Real Estate

Kuwaiti developer Mabanee inks $341m Islamic facility agreement

Leading Kuwaiti developer Mabanee has signed an Islamic financing agreement worth KD104.8 million ($341 million) with a 60-month tenor. These funds will be used to first settle the existing financing facilities and then boost liquidity for its activities. ...

Construction & Real Estate

Kuwait awards $253m infrastructure contract for key water complex

Kuwait has awarded an infrastructure contract worth KD77.7 million ($253 million) to Khalid Ali Al Kharafi & Brothers for its Shuwaikh Water Distribution Complex. The scope of work includes the construction, maintenance, and development of the existing facility. ...

Construction & Real Estate

Acwa Power snaps up Engie’s strategic GCC utility assets for $693m

Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million. ...

Construction & Real Estate

Kuwait to award $3.9bn EPC contract for Al Kabeer Port Phase I

Work will soon start on the Mubarak Al Kabeer Port development in Kuwait following the allocation of KD1.2 billion ($3.9 billion) funds to carry out EPC work for Phase I of the project. On completion, the port will emerge as a key regional transport hub in line with Kuwait Vision 2035. ...

Construction & Real Estate

Dar wins consultancy contract for Kuwait wastewater project

Dar, one of the world’s leading consultancies, has secured a major contract to provide design review and construction supervision services for the transformational South Al Mutlaa Wastewater Treatment Plant (WWTP) in Kuwait along with related works. ...

Construction & Real Estate

Kuwait issues RFPs for 500MW renewable energy projects

The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW. ...

Construction & Real Estate

CGC lands $194m Kuwait Oil Company project contracts

Kuwait-based Combined Group Contracting (CGC) has announced that it has been awarded two key projects by Kuwait Oil Company (KOC) at its refinery facilities. Both the projects will be completed within a 30-month period. ...

Construction & Real Estate

L&T lands $140m Kuwait substation project contract

Indian construction and engineering conglomerate Larsen & Toubro (L&T) has secured a key contract from Kuwait's Public Authority for Housing Welfare (PAHW) to set up 132/11kV substations within South Sabah Al Ahmad residential development. ...

Construction & Real Estate

UPAC opens newly-revamped beachfront destination in Kuwait

United Projects for Aviation Services (UPAC), a leading company in commercial real estate and facilities management, has announced the official opening of its newly-redeveloped Messilah Beach, the latest and most comprehensive beachfront destination in Kuwait. ...

Construction & Real Estate

Kuwait awards $488m South Mutlaa Wastewater Project contract

Kuwait has awarded a KD149 million ($488 million) contract to Turkish construction company Kuzu Group to build a wastewater treatment plant with a total 400,000 cu m per day capacity for the South Al Mutlaa city project. ...