Kuwait to launch tender for airport terminal
01 April 2012
KUWAIT will soon launch an initial tender for construction of a second terminal at its international airport, a project worth around KD700 million to KD800 million ($2.5 billion to $2.9 billion), state-run news agency Kuna reported.
The project should be finished by late 2016, the report quoted the undersecretary for the Ministry of Works, Hossam Al Tahous, as saying.
He added 16 international companies had expressed interest in the project.
The first stages of the tender will include work on the design, and consultancy services, Tahous said.
Tenders for the second phase, which will include construction, are expected to be issued in the middle of next year.
He said the ministry hopes solar panels will provide some 10 per cent of the terminal’s energy supply.
Meanwhile, a parliamentary committee has recommended Kuwait amend its laws regarding public tenders to allow foreign companies to participate in biddings directly without the need for a local agent, the Arab Times newspaper reported.
The new rules would apply to oil companies, services and military-related contracts, but exclude other state-owned company tenders, the newspaper reported, citing MP Ahmed Lari, a rapporteur for the Financial and Economic Affairs Committee.
Under the proposed changes, Kuwait’s Central Bank would be given the authority to deal with investment decisions and to supervise tenders, the newspaper said.
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