Renewed hopes
New hope has rekindled in the hearts of construction players in Kuwait following a newspaper report in mid-February that the oil-rich Gulf nation has approved an allocation of KD837 million ($2.76 billion) for 110 projects planned during fiscal year 2023-2024, which will start this month.
More...4pc growth until 2026, says Pace’s CEO
Please comment on the state of Kuwait’s construction sector and what are your projections for 2023-24? Despite a decrease in both momentum and spend over the past couple of years, the forecast for Kuwait’s construction industry in the coming years is bright, with expectations for it to register an annual growth of three to four per cen
More...Major landmarks near completion
Having recently handed over facilities at the new campus of Kuwait University, leading multidisciplinary consultancy firm Pace is gearing up to mark the completion of another landmark in Kuwait – the New Maternity Hospital, which is expected to be ready this year.
More...
April 2023 (Volume xliv Issue 4)