Kuwait Authority for Partnership Projects (KAPP) has concluded that procuring the Kuwait city metro project on a public-private partnership (PPP) model can save up to KWD 900 million (US$ 2.97 billion). The project involves the construction of a 160 km long rail network in the inner-city with 68 stations. It aims to improve the quality of life in city by decongesting the city traffic on roads and by providing solutions to daily commuting problems.
If implemented on the conventional model the project would cost KWD 4 billion (US$ 13.20 billion) in construction, in addition to KWD 1.3 billion (US$ 4.23 billion) annually for operation and maintenance for 30 years. While the PPP model will cost KWD 3.476 billion (US$ 11.47 billion), in addition to KWD 934.8 million (US$ 3.08 billion) for operation and maintenance.
Kuwait Authority for Partnership Projects (KAPP) has appointed Ernst & Young consortium to provide transaction advisory services for two IWPP plants located at Az-Zour and AlKhairan...
Read moreThe Central Agency for Public Tenders in Kuwait has received four bids for the development of a wastewater plant in Al-Mutla’a. The plant will have the capacity to process 400,000 cubi...
Read moreThe Kuwait Ministry of Electricity & Water has awarded a contract to GE Renewable Energy’s Grid Solutions business, which equips utilities and industries to bring power reliably and efficien...
Read moreKuwait Authority for Partnership Projects (KAPP) has received two technical bids to provide transaction advisory services for two IWPP plants located at Az-Zour and AlKhairan. The project in...
Read moreKuwait Authority for Partnership Projects (KAPP) has shortlisted three companies to provide transaction advisory services for two IWPP plants located at Az-Zour and AlKhairan. The project in...
Read more