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11 September, 2018

Kuwait to build $14bln smart city - report

Project comprises 35,000 houses

Image used for illustrative purpose. 
Kuwait City skyline view

Image used for illustrative purpose. Kuwait City skyline view

Getty Images/ Saleh AlRashaid
10 September 2018
Kuwait is planning to build a smart city at a cost of around $14 billion in partnership with private developers, a local newspaper reported on Monday.

The Kuwait Authority for Partnership Projects (KAPP) is working on the studies and designs for the project, which comprises nearly 35,000 housing units, the Arabic language daily Al-Nahar said, quoting KAPP sources.

"The project is designed to attract foreign capital and will be executed in partnership with foreign companies specialised in smart cities," it said.

The project, the location of which has yet to be determined, is part of a plan to "focus on integrated cities" to cater to population growth, the paper said without providing further details of the project.

(Writing by Nadim Kawach; Editing by Anoop Menon) (anoop.menon@thomsonreuters.com)

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