Kuwait plans to spend $26bn on new road projects

29/03/2018 05:28 AST

The Kuwaiti government is set to launch several development projects including building of new roads and related infrastructure at an investment of KD8 billion ($26.6 billion), said the state news agency Kuna citing a top official.

"The authority had hammered out a plan to execute up to 80 ventures aimed at facilitating traffic in coming years," revealed Ahmad Al Hesan, the director general of the roads authority and land transports.

He pointed out that the projected budget for next year was KD500 million ($1.6 billion), in addition to KD13 million ($42 million) earmarked for miscellaneous expenditures, stated the report.

Eight of these projects have already been "finalised," he added.


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