Tuesday 26 May 2020

Kuwait to open up causeway islands for investment

KUWAIT CITY, May 15, 2019

Kuwait is opening up two 280,000-sq-m artificial islands connected to the newly-launched Sheikh Jaber Al Ahmad Al Sabah Causeway for entertainment and touristic investment, reported Kuwait News Agency (Kuna).

The causeway is one of the world's longest high-speed bridges spanning 37.5 km across Kuwait Bay from the capital Kuwait City to the Subiya area.

The fourth longest bridge worldwide, Sheikh Jaber Al Ahmad Al Sabah Causeway was inaugurated by HH the Amir Sheikh Sabah Al Ahmad Al Jaber Al Sabah early this month. Of these two islands, one is located near Kuwait city and the other near Subiya.

HH the Prime Minister Sheikh Jaber Al Mubarak Al Hamad Al Sabah has asked the cabinet to take all required legal and administrative measures to speed up the process of seeking investment from tourism and leisure industry specialists listed on the Kuwait Stock Exchange, stated the report citing government spokesman Tariq Al Mazram.

"This decision is an endorsement on the private sector's pivotal role as a partner in developing the economic and tourism sectors in Kuwait and the implementation of the New Kuwait-2035 Vision, noted Al Marzam.


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