Kuwait

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The first green shoots of renewable energy have begun to appear in Kuwait as new solar projects come on-stream and recognise the potential to cut costs, reduce emissions and divert fuel to export markets rather than domestic consumption. In November 2016 the emir of Kuwait, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, demonstrated the country’s...

 

The decision to offer its citizens an opportunity to buy shares in its newest water and electricity generating plant is, in a sense, a case of transferring power to the people. The floatation of 50% of the equity of Al Zour North One, which began operating in December 2016, was always part of the plan. It is not a case of a long-established...

 

The opening of Sheikh Jaber Al Ahmad Hospital in 2017 will give Kuwait’s Ministry of Health (MoH) a new flagship medical centre that is reportedly the largest health facility in the Middle East and the sixth-largest in the world. It also sets a new benchmark for the provision of health care in Kuwait, as existing hospitals expand and new...

 

Kuwait is investing in a significant pipeline of major infrastructure projects and transportation programmes connected to the Kuwait Development Plan 2015-20.

 

What are the market trends on strategic alliances?

 

Driven by measured government-backed investments, despite the downward pressure from oil prices, the Kuwait transportation sector continued to grow in 2016-17. Improving connectivity regionally and globally – via air, land and sea links – is viewed as a state priority and a promising mechanism to drive non-oil economic growth.

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