Construction & Real Estate

Kuwait Construction & Real Estate

The Kuwaiti construction market saw a marked rebound in 2014, with the government moving forward with key developments in a number of sectors. The Public Authority for Housing and Welfare has a mandate to provide housing for 2.6m people by 2030. The country’s oil and gas sector was a major contributor to the country’s resurgence in construction projects, with oil and gas projects representing more than 60% of the $25.1bn awarded in 2014. Rising investment in real estate, meanwhile, is bolstering that sector, with the total value of transactions in 2014 increasing by nearly 40% on 2013 to reach $7.27bn.

This chapter contains an interview with Khaled Al Mashaan, Vice-Chairman and CEO, Alargan.

Cover of The Report: Kuwait 2015

The Report

This chapter is from the Kuwait 2015 report. Explore other chapters from this report.

Interviews & Viewpoints

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Khaled Al Mashaan, Vice-Chairman and CEO, Alargan: Interview