State-owned Kuwait Oil Company (KOC) has decided to resume work on a housing project for its workers after it was partially suspended due to the spread of Coronavirus, a local newspaper said on Tuesday.
The project in the Southern Alahmadi governorate involves the construction of 1,800 houses for KOC workers and Phase 1 was completed a few years ago, the Arabic language daily Alanba said, citing KOC sources.
Phase 2 comprises around 408 houses and it was suspended by the Kuwait Petroleum Corporation (KPC), which is in charge of the Gulf country’s hydrocarbon sector.
“KPC decided to freeze Phase 2 for five years due to Coronavirus and a government decision to reduce spending in the oil sector...KOC has now decided to revive this project after the improvement of the situation,” the report said, adding that Phase 2 also comprises roads, and sewage, water and power networks.
Writing by Nadim Kawach; Editing by Anoop Menon)
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