News of Bahrain
Business1 November 20171 min read

Kuwait to pump $160bn to five islands

Kuwait is planing a mega-project to develop five islands at an investment cost of $160 billion, which it is hoped will generate around $40 billion dollars a year, in addition to providing about 200,000 jobs, a government study revealed. The project aims to establish an integrated

Editorial Team Legacy

Published 1 November 2017, 8:00 · Updated 21:30

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Kuwait to pump $160bn to five islands

Kuwait is planing a mega-project to develop five islands at an investment cost of $160 billion, which it is hoped will generate around $40 billion dollars a year, in addition to providing about 200,000 jobs, a government study

revealed. The project aims to establish an integrated free zone, new operating rules that avoid bureaucracy and hopes to rely on attracting talent.

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