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Kuwaiti construction industry's value to reach $2.99bn
02 Jul 2009
According to the BMI infrastructure reports for the first quarter of the year, this is up from the 710 billion Kuwaiti dinar that the sector is currently valued at, reports companiesandmarkets.com.
While growth is expected in the sector, the rate of expansion is likely to slow, the study suggested.
The construction industry in the Gulf nation grew by 3.51 per cent and 2.67 per cent in 2007 and 2008 respectively.
"One area of Kuwait's construction industry that is experiencing growth is the sector's percentage of gross domestic product, which is expected to increase from 1.59 per cent in 2008 to 2.1 per cent," the online portal suggested.
Last month, Moody's annual credit analysis in Kuwait assessed the country's economic strength and found it to be very high, reports the Arab Times.

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Sarah Complex (Alhumdhi Complex) at Fintas - Kuwait
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Dhow Tower - Kuwait
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Failaka Island Development - Master Plan - Kuwait
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Gulf University for Science and Technology (GUST) Main College Building - Kuwait
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Subiya New Town Master plan - Kuwait
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New Headquarter for Education Ministry - Kuwait
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College of Basic Education for Boys at Ardiya Campus - Kuwait
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Salhiya Real Estate - Arraya Office Tower 2 - Kuwait
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Fahed Al-Ahmed Township - Infrastructure Work - Kuwait - Sector 1
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Al Ghannam Elite Hospital - Kuwait
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Messilah Beach Resort Hotel - Kuwait
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Centre for Veterinary Laboratories and Agricultural Services - Kuwait
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PAAET Training Institute - Kuwait
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Ahmadi Hospital - Kuwait
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Cardiac Hospital - Kuwait
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Al Maidan Maternity Hospital - Kuwait
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State Audit Bureau Headquarter - Kuwait
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Al Jon Tower - Kuwait
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Crystal Tower in Sharq - Kuwait
-
College of Basic Education for Girls at Ardiya Campus - Kuwait
-
Sarah Complex (Alhumdhi Complex) at Fintas - Kuwait
-
Dhow Tower - Kuwait
-
Failaka Island Development - Master Plan - Kuwait
-
Gulf University for Science and Technology (GUST) Main College Building - Kuwait
-
Subiya New Town Master plan - Kuwait
-
New Headquarter for Education Ministry - Kuwait
-
College of Basic Education for Boys at Ardiya Campus - Kuwait
-
Salhiya Real Estate - Arraya Office Tower 2 - Kuwait
-
Fahed Al-Ahmed Township - Infrastructure Work - Kuwait - Sector 1
-
Al Ghannam Elite Hospital - Kuwait
-
Messilah Beach Resort Hotel - Kuwait
-
Centre for Veterinary Laboratories and Agricultural Services - Kuwait
-
PAAET Training Institute - Kuwait
-
Ahmadi Hospital - Kuwait
-
Cardiac Hospital - Kuwait
-
Al Maidan Maternity Hospital - Kuwait
-
State Audit Bureau Headquarter - Kuwait
-
Al Jon Tower - Kuwait
-
Crystal Tower in Sharq - Kuwait
-
College of Basic Education for Girls at Ardiya Campus - Kuwait
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