The Kuwait Authority for Partnership Projects (KAPP) is likely to offer projects worth nearly KD3 billion ($10 billion) to local companies and investors soon, a report said.

The projects include shopping malls, services, buildings, and three major amusement and tourism projects, including two in North Kuwait, Arabic daily Al-Nahar was quoted as saying by a Zawya report.

The projects will be offered to investors as joint ventures between the public and private sectors and on BOT (build-operate-transfer) basis after the Eid Al-Adha holidays, it said.