A number of major developments are underway in the transport sector following the massive spending plan approved by the Kuwaiti government in 2010. Projects include the expansion at Kuwait International Airport, with a new terminal set to raise passenger capacity from 7.2m to 20m upon completion in 2017. Plans to develop a metro system are now at the feasibility stage. While defence and...
Kuwait Transport
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Chapter | Transport & Logistics from The Report: Kuwait 2012
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.
With an announcement that a 35% stake in its national carrier is up for sale, the Kuwaiti government has taken another step towards privatising Kuwait Airlines, a project that has been in the works since 2008. At the same time, efforts are under way to build a national railway, with the government recently signing a contract with a consortium of consultancy firms to undertake research on a proposed rail link between Kuwait International Airport (KIA) and the country’s ports.
Economic update | Kuwait: Port plans
25 Apr 2011
Kuwait’s ambition to become a leading trading centre for the region took a step forward earlier this month, when the foundation stone for the new Mubarak Al Kabir port was laid, at a ceremony attended by Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah.