Finance requested to okay project documents related to ‘Cargo City’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 27-Apr-2023
- Source: Arab Times Kuwait
- Sector:Financial Services
- Country:Kuwait
Finance requested to okay project documents related to ‘Cargo City’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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Global bid limited for a period of 20 years
KUWAIT CITY, April 26: According to informed sources, the Directorate General of Civil Aviation (DGCA) has addressed the Ministry of Finance to approve the project documents for the operator of the new Kuwait Air Cargo City, which are related to the design, construction, management, operation, maintenance, renovation and development of the Cargo City and the facilities necessary to provide freight handling, storage and distribution services at Kuwait International Airport, reports Al-Qabas daily. The project is due to be launched in a limited global bid for a period of 20 years due to the limited number of international companies specialized in this field. The project is considered a quantum leap in the field of improving the shipping sector, and will contribute to raising the state’s revenues.
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