Foreign companies to develop Kuwaiti islands
Wednesday, August 3, 2016
A special government committee is currently studying opening the door for foreign investors to invest in five Kuwaiti islands by 100 percent, local daily Kuwait Times reported quoting Secretary General of the Supreme Council of
Planning and Development Dr Khalid AlMahdi.
The current plan is to carry out projects valued between $120 billion and $150 billion, with projected revenue reaching 10 to 20 percent according to preliminary studies, daily added.
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