Economy

Develop a prosperous and diversified economy to reduce the country’s dependence on oil export revenues.

Develop a National Tourism Sector

Create A Business Environment For Private Sector Growth

Diversify The Production Base & Attract Investors

Support The Knowledge Economy

Key Projects
Est. Year of Completion
Percentage Completed

Al-Aqilah Recreational Service Centre

Location: Al-Aqilah

2018
46%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Total Cost:

36,300,000 KWD

Target Audience:

All categories of society

Workers Cities – South Al-Jahra City

Location: Al-Jahra

2018
29%

Project Brief

Project Goals

Projected Impacts

Economic and Social Benefits

Key Indicators

Estimated Total Cost:

125,000,000 KWD

Target Audience:

Low-income expatriate workers

Environmental Fuel

Location: Al-Ahmadi port - Abdullah port

2018
81%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

1,051,000,000 KWD

Estimated Total Cost:

4,680,000,000 KWD

Target Audience:

Local contractors and manufacturers, Graduates of universities and applied institutes, Experienced people

Electronic Disclosure System

 

2019
30%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

370,000 KWD

Estimated Total Cost:

600,000 KWD

Target Audience:

All individuals who are authorised by the Authority, Boursa Kuwait Company, All companies listed at the Kuwait Stock Exchange, Auditors who are registered with the Authority, The Ministry of Trade and Industry

Al-Khiran Power Generator and Water Desalination Plant (Phase 1)

Location: Al-Zour/Al-Khiran

2019
56%

Project Brief

Project Goals

Projected Impacts

Economic and Social Benefits

Key Indicators

Estimated Total Cost:

1,181,580,000 KWD

Target Audience:

Ministry of Electricity and Water

Supporting and Developing Real Estate System

 

2019
0%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Target Audience:

The public, banks, companies

Al-Zour Refinery

 

2019
20%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

1,100,000,000 KWD

Estimated Total Cost:

4,871,000,000 KWD

Target Audience:

Kuwaiti Oil Ministry, Kuwait Petroleum Corporation, Kuwait National Oil Company, Ministry of Electricity and Water, Other Sectors of the State

Establishing an Incubator for Small and Medium-Seized Enterprises

Location: Al-Mangaf

2020
20%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

200,000 KWD

Estimated Total Cost:

5,300,000 KWD

Target Audience:

Male and female entrepreneurs

Scientific Research Outputs

 

2020
27%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

91,000 KWD

Estimated Total Cost:

449,693 KWD

Target Audience:

Researchers among the teaching staff, innovative students, small enterprises, the private sector

Utilisation of Central Gas and Extra Energy Supplies – Wafra Joint Operations

Location: Wafra

2020
80%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

6,625,000 KWD

Estimated Total Cost:

51,631,000 KWD

Target Audience:

Population near Wafra Joint Operations

Develop a National Tourism Sector

Key Projects

Al-Aqilah Recreational Service Centre

Location: Al-Aqilah

Est. Year of Completion

2018

Percentage Completed: 46%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

Estimated Total Cost:

36,300,000 KWD

Target Audience:

All categories of society

Create A Business Environment For Private Sector Growth

Key Projects

Workers Cities – South Al-Jahra City

Location: Al-Jahra

Est. Year of Completion

2018

Percentage Completed: 29%

Project Brief

Project Goals

Projected Impacts

Economic and Social Benefits

Key Indicators

Estimated Annual Cost:

Estimated Total Cost:

125,000,000 KWD

Target Audience:

Low-income expatriate workers

Electronic Disclosure System

Location: N/A

Est. Year of Completion

2019

Percentage Completed: 30%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

370,000 KWD

Estimated Total Cost:

600,000 KWD

Target Audience:

All individuals who are authorised by the Authority, Boursa Kuwait Company, All companies listed at the Kuwait Stock Exchange, Auditors who are registered with the Authority, The Ministry of Trade and Industry

Supporting and Developing Real Estate System

Location: N/A

Est. Year of Completion

2019

Percentage Completed: 0%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

Estimated Total Cost:

Target Audience:

The public, banks, companies

Diversify The Production Base & Attract Investors

Key Projects

Al-Zour Refinery

Location: N/A

Est. Year of Completion

2019

Percentage Completed: 20%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

1,100,000,000 KWD

Estimated Total Cost:

4,871,000,000 KWD

Target Audience:

Kuwaiti Oil Ministry, Kuwait Petroleum Corporation, Kuwait National Oil Company, Ministry of Electricity and Water, Other Sectors of the State

Al-Khiran Power Generator and Water Desalination Plant (Phase 1)

Location: Al-Zour/Al-Khiran

Est. Year of Completion

2019

Percentage Completed: 56%

Project Brief

Project Goals

Projected Impacts

Economic and Social Benefits

Key Indicators

Estimated Annual Cost:

Estimated Total Cost:

1,181,580,000 KWD

Target Audience:

Ministry of Electricity and Water

Establishing an Incubator for Small and Medium-Seized Enterprises

Location: Al-Mangaf

Est. Year of Completion

2020

Percentage Completed: 20%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

200,000 KWD

Estimated Total Cost:

5,300,000 KWD

Target Audience:

Male and female entrepreneurs

Utilisation of Central Gas and Extra Energy Supplies – Wafra Joint Operations

Location: Wafra

Est. Year of Completion

2020

Percentage Completed: 80%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

6,625,000 KWD

Estimated Total Cost:

51,631,000 KWD

Target Audience:

Population near Wafra Joint Operations

Environmental Fuel

Location: Al-Ahmadi port - Abdullah port

Est. Year of Completion

2018

Percentage Completed: 81%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

1,051,000,000 KWD

Estimated Total Cost:

4,680,000,000 KWD

Target Audience:

Local contractors and manufacturers, Graduates of universities and applied institutes, Experienced people

Support The Knowledge Economy

Key Projects

Scientific Research Outputs

Location: N/A

Est. Year of Completion

2020

Percentage Completed: 27%

Project Brief

Project Goals

Projected Impacts

Key Indicators

Estimated Annual Cost:

91,000 KWD

Estimated Total Cost:

449,693 KWD

Target Audience:

Researchers among the teaching staff, innovative students, small enterprises, the private sector