Funds to be allocated to complete Mubarak Al Kabeer Port in Kuwait
The Kuwait government will prioritise the major trade link, which is set to play a key role in the nation’s ambitions as a regional hub
Kuwait has announced plans to allocate US $604mn to the Ministry of Public Works for the completion of Mubarak Al Kabeer Port project during FY 2024-2025. The project, which is being built on an area of 1,161ha will accommodate 24 berths and will have a capacity of 8.1m containers.
The amount allocated to the development under the country’s capital projects expenditures reflects the importance attached to its early completion, especially since there was an initial hiatus in the issue of competitive tenders. Eight months ago, the Ministry of Public Works resumed issuing tenders for Phase I. The tenders also include for the operation and maintenance of the ‘cathodic’ protection system for the port quay wall and the berth for small ships.
As per the feasibility study for the Mubarak Al Kabeer Development Port, the project is likely to cost US $3.2bn and will be completed through nine executive contracts. Once operational, the project will help transform Kuwait into a major hub for transit trade and regional transport.
The scope of work includes implementation of the road linking Subiya area to the east of Bubiyan Island; completion of the port dock and reclamation of the land, as well as completion of the design of handling equipment and quay deepening.
Currently, around 90% of the work has been completed on the 7km-long link road on Bubiyan Island, connecting directly with the port area.
