Kuwait's Public Authority for Housing Welfare Issues Two Major Tenders for Housing Projects

In a significant move to bolster Kuwait's housing sector, the Public Authority for Housing Welfare has announced two new tenders aimed at constructing a total of 3,593 houses and the necessary infrastructure in Sectors BP4, BP6, BP7, and BP9. The bid submission deadline for these projects is set for June 23, 2024.

The first tender focuses on building 1,985 houses, buildings, and associated infrastructure in Sectors BP4 and BP7. The second tender covers the construction of 1,608 houses, buildings, and related infrastructure in Sectors BP6 and BP9. These tenders represent a significant push in Kuwait's ongoing efforts to develop its housing sector.

Why this matters: The development of Kuwait's housing sector has significant implications for the country's economic growth and social welfare. The successful implementation of these projects could lead to improved living standards for citizens and increased investment in the construction sector.

This recent tender activity follows earlier bids received by the Public Authority for Housing Welfare in January for two other housing construction projects. These previous plans included 1,777 houses and associated infrastructure in Sector BP3 and 1,568 houses in Sector BP1.

According to MEED Projects, a regional project tracker, Kuwait's construction sector is experiencing robust activity. Projects worth $7.8 billion are currently under implementation, making the construction sector the second largest in the country after transportation. The mixed-use subsector leads in work in progress, followed by residential projects.

The issuance of these new tenders highlights the Kuwaiti government's commitment to addressing the nation's housing needs and driving growth in the construction sector. The focus on providing more housing options for citizens is a key priority for the Public Authority for Housing Welfare.

In addition to the housing tenders, the Ministry of Public Works has also launched nine tenders as part of its annual plan for supply, contracting, and service contracts for the fiscal year 2024/2025. These projects include the Mubarak Al-Kabeer Port project, which will begin partial operations after the completion of the third part of the first phase.

Dr. Noura Al-Mashaan, Minister of Public Works and Minister for Municipality Affairs, emphasized the importance of adhering to contract specifications to ensure proper implementation and timely completion of projects. She stated, "I gave instructions to the leaders to start work immediately and coordinate with the ministry's diverse divisions to begin renovating and maintaining the roads across the country's six governorates via 12 contract tenders."

These developments in Kuwait's housing and infrastructure sectors reflect the government's proactive approach to meeting the needs of its citizens and enhancing the country's overall development. The ongoing and upcoming projects are expected to contribute significantly to the nation's growth and prosperity.

Key Takeaways

• Kuwait's Public Authority for Housing Welfare announces 2 new tenders for 3,593 houses and infrastructure.
• Tenders aim to develop Sectors BP4, BP6, BP7, and BP9, with a bid submission deadline of June 23, 2024.
• Kuwait's construction sector is experiencing robust activity, with $7.8 billion projects under implementation.
• The government is committed to addressing housing needs and driving growth in the construction sector.
• Minister of Public Works emphasizes importance of adhering to contract specifications for timely project completion.