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FinancialNews
28-03-18
Kuwait to executive 80 road ventures at USD26bn
(MENAFN) Kuwait was announced to be preparing for spending USD26 billion in launching a total of eighty projects that target traffic to be eased within the years.
The declaration was made by Kuwaiti roads authority and land transports' director general, Ahmad Al-Hesan while making an address during a news conference.
The authority was also confirmed to have put estimation for 2019 budget to reach USD1.6 billion, besides a USD42 million expected to be spent in various expenditures.
The director general also revealed USD5.2 billion to have been spent in the previous years in financing infrastructural projects.
MENAFN2803201800450000ID1096665436
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