Plan to up Kuwait Ports Authority efficiency

Plan to up Kuwait Ports Authority efficiency

According to informed sources, the government aims to raise the efficiency of the Kuwait Ports Authority, which is currently working on implementing a set of construction projects including the expansion of ports and the establishment of logistical cities, with the aim of increasing its competitiveness and raising its operational efficiency. The new projects would increase the financial returns, which will be reflected on the authority’s income to form an additional tributary to the state treasury from non-oil revenues, reports Al-Qabas daily. They indicated that a government report was issued recently concerning raising the efficiency of the Kuwait Ports Authority, urging it to address the observations of the State Audit Bureau contained in its latest report, in addition to emphasizing the implementation of the authority’s plans and programs contained in the country’s development plan. The report indicated the continued decline in disbursement and the delay in implementing many projects included in the special development plan in ports. The total appropriations estimated in the authority’s budget for the 2021/2022 fiscal year, for example, amounted to KD 46 million, and only 0.7 percent was disbursed of this amount, estimated at KD 324 thousand. It highlighted the decrease in the annual revenues of the