COMPANY NEWS

 
     
 

Kuwait to establish the Biggest Port

Posted: 20 April 2005

Kuwait has carried out a feasibility study of establishing the Bubiyan port which will be the biggest sea port in the country. The project aims at transforming Bubiyan isle, a strategic location on the northern of the Arabian Gulf, which represents 5 % of the Kuwait area, to a major hub in the regional transport system.

The total cost of constructing this port will amount to KWD 345 million (about $ 1.40 billion). A high committee has been set up to follow up carrying out the project, under the headship of Badr Al-Hamidy, the minister of works and housing. The project will be accompanied by many gigantic projects, like free zone, vast warehouses and tourist facilities, to realize a qualitative economical integration in Bubiyan as the most vital isle in Kuwait . The minister of works and housing said that setting up this port represents a turning point the Kuwait economy that will put it on high levels of competition.

Posted by Editor Offshore Arabia Magazine

Information supplied by companies or PR agencies who are responsible for content. Send press releases to info@reflexpublishingme.com

 
     

 

 

 

 

© Copyright 2002. Reflex Publishing ME FZ LLC. All rights reserved.
Offshore Arabia Magazine, PO Box 500643, Dubai Media City, Dubai, UAE
Tel: +971 4 3910 830 | Fax: +971 4 390 4570
E-mail - info@reflexpublishingme.com