Kuwait Plans $3.2 Billion Airport Terminal Tender Next Month

Kuwait plans to offer a contract to build a new airport terminal at an estimated cost of 900 million dinars ($3.2 billion), Public Works Ministry Undersecretary Abdul Aziz Al-Kulaib said in an interview today.

The project is part of the country’s $110 billion development plan to modernize and diversify Kuwait’s oil-reliant economy. Other projects include building a subway and rail network, new power stations, hospitals, roads and a port on Boubyan Island.

The Ministry of Public Works plans to spend about 4 billion dinars on road projects over the next five years, the ministry’s assistant undersecretary for Roads Administration, Saud Al-Naki, said today in an interview. That will include “introducing two interchanges” on a main highway leading to Kuwait International Airport to serve the new terminal, Al-Naki said.

The ministry awarded a 738 million-dinar causeway project to a group led by Hyundai Engineering & Construction Co., Al- Naki said. Subiya Causeway will span 37.5 kilometers (23.3 miles), mostly across water, and link Kuwait City with Subiya in the north and Boubyan Island, where projects are planned as part of the development plan.

Kuwait Civil Aviation President Fawaz AbdulAziz Al-Farah said in May that the country will spend $6 billion to almost double the number of passengers to 13 million that the airport is able to handle by the end of 2016.

To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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