A Salini Impregilo-led consortium has won a $955mn contract to build a huge development in in Kuwait that will house 400,000 people when complete.
The deal, part of the South Al Mutlaa Housing Project, was awarded by Kuwait’s Public Authority for Housing Welfare and comprises the creation of a 12,000-hectare urban development located around 40kms from Kuwait City.
The project, to be done by a consortium led by Salini Impregilo with a 55% stake, foresees, among other things, the construction of 150 km of roads and related structures, lighting, water distribution, drainage, sewerage, electricity and telecoms infrastructure.
The Kuwaiti parliament has approved a 2015-2020 development plan that envisages investments totaling more than $100bn in infrastructure projects in the country, including the construction of thousands of homes, metro and railway networks and new refineries and industrial facilities.