PROJECTS: Kuwait project spending put at $4.2bln in 2019 – ZAWYA

PROJECTS: Kuwait project spending put at $4.2bln in 2019 – ZAWYA

PROJECTS: Kuwait project spending put at $4.2bln in 2019 | ZAWYA MENA Edition HomeProjectsArticlePROJECTS: Kuwait project spending put at $4.2bln in 2019 Total project allocations are $10.9bln    Image used for illustrative purpose. Construction workers are seen on the site of a newly constructed bridge that is nearing completion at the Jahra roundabout in Kuwait City September 1, 2011.Kuwait spent nearly 1.7 billion Kuwaiti dinars ($4.2 billion) on infrastructure and other projects through the first nine months of its fiscal year 2019-2020, which started on April 1, 2019, a local newspaper reported on Tuesday.The sum is nearly 38 percent of the total allocations of 3.3 billion dinars ($10.9 billion) for 135 projects for that period, the Arabic language daily Al-Anba said.Citing a government report tracking project execution during that fiscal year, it said only four projects have so far been completed while 51 projects are about to be started, 73 projects are under way and four have not been prepared yet.The paper said: "The report showed that 42 projects are progressing as scheduled but 67 projects in infrastructure and other sectors have been delayed, accounting for nearly 50 percent of the total projects."It said 14 projects cover infrastructure and that