‘Seven projects to change Kuwait into financial hub’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

‘Seven projects to change Kuwait into financial hub’ – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

KUWAIT CITY, Oct 13: His Highness the Prime Minister Sheikh Sabah Al-Khaled Al- Sabah has assigned Minister of State for Municipal Affairs and Minister of State for Housing and Urban Development Shaya Al- Shaya to study seven projects that will take Kuwait to a higher pedestal and transforming Kuwait into a financial and commercial center to attract investments, reports Al-Qabas daily.

The daily added, the assignment came based on a letter written to the Prime Minister by MP Bader Al-Hamidi. The seven projects are — a proposal for the reconstruction and investment of state-owned vacant lands, a proposal for the reconstruction and investment of Failaka Island, a proposal for the reconstruction and investment of Boubyan Island, a proposal to allocate plots of land to graduates of specialized colleges and institutes for agricultural and animal development projects to provide food security, and a proposal to allocate plots of land for graduates of specialized colleges to complete craft projects and productivity, a proposal for the urban rehabilitation of the Jleeb Al-Shuyoukh area, and a proposal to rehabilitate the Subbiya area for housing and investment projects. He added in his letter, gigantic projects were put forward, such as the development of Failaka