JIHRD-“Kuwait Vision 2035-Projects News&Updates”.

Skilled workforce shortage,
Obstacles ‘delaying’ 2035 Vision project

The Economist Intelligence Unit, affiliated with the British Economist magazine, highlighted many obstacles hindering the implementation of development projects that are part of the New Kuwait 2035 vision, reports Al-Rai daily. It stated that it is expecting significant progress in this regard to face the obstacles in the near future, as these obstacles are mostly administrative, adding that this confirms its anticipation that the implementation of public sector projects in Kuwait will remain plagued by excessive bureaucracy. The unit explained that the many problems faced in the implementation of public sector projects in the country are due to administrative, technical, financial, supervisory and legislative issues.

The administrative difficulties represent the biggest source of bottlenecks in the completion of Kuwaiti projects. The bureaucracy struggles with chronic problems represented in conflicts between departments, lack of decisiveness in the strategy of contracts, lack of efficiency in decision-making, and continuous delays. In addition, the rift between the government and the National Assembly, which constitutes a constant source of oversight and legislative problems, has led to delay and cancellation of major development projects since 2016. The technical problems in completing the projects are related to the great shortage that Kuwait is currently facing in the skilled workforce, following the departure of many expatriate workers from the country.

Shortage
This problem is expected to worsen with the government’s acceleration of Kuwaitization policies, which will continue to cause a shortage of manpower, and thus create more obstacles in the implementation phase of the projects. On the other hand, there is a positive factor represented in the less financial difficulties that Kuwait will face in 2022 with the rise in oil prices, which led to an improvement in the country’s public finances and thus increased capital investment.

The New Kuwait 2035 vision forms the basis of the government’s long-term strategy to diversify the economy and reduce Kuwait’s dependence on oil, and it thus will take priority in budget spending. The government is expected to use the sudden wealth, represented by the large oil revenues, to invest in huge infrastructure projects such as the Kuwait City metro network and the railway network in order to meet the objectives of the national development plan.

It is also possible that the government will focus on modernizing the existing infrastructure because the significant lack of infrastructure hinders economic growth and fuels political discontent. The Economist Intelligence Unit concluded that, after the forced reduction of capital spending in 2020/2021, the government will strengthen its support for projects with capital returns according to the New Kuwait 2035 vision during the forecast period of 2022-2026. Major public projects will remain threatened due to political blockages and slow bureaucratic procedures, which will lead to continued delays in projects and a limitation of progress. It indicated that the technical difficulties in the implementation phase would increase in parallel with the departure of more expatriate workers and the widening imbalance in the labor market.

Source:https://www.arabtimesonline.com/news/skilled-workforce-shortage-expats-leave-kuwait/

Skilled workforce shortage; expats leave Kuwait - ARAB TIMES - KUWAIT NEWS Obstacles ‘delaying’ 2035 Vision project KUWAIT CITY, June 22: The Economist Intelligence Unit, affiliated with the British Economist magazine, highlighted many obstacles hindering the implementation of development projects that are part of the New Kuwait 2035 vision, reports Al-Rai daily. It st...

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KUWAIT INTERNATIONAL TERMINAL 2 PROJECT SITE LIVE VIDEO
info courtesy:
https://carpark.mpw-t2.com/live
https://www.mpw-kwtairport-t2.com (go to -> Gallery->Live Video)

Kuwait International Airport >The capital of The State of Kuwait is Kuwait City. The State of Kuwait is found on the north eastern shore of the Arabian Peninsula. It is bordered by the Arabian Gulf from the east, Iraq from the north and west and the KSA from the south.

Kuwait Vision 2035 Development Plan
7 Pillars
GLOBAL POSITIONING
CREATIVE HUMAN CAPITAL
HIGH QUALITY HEALTH CARE
SUSTAINABLE LIVING ENVIRONMENT
DEVELOPED INFRASTRUCTURE
SUSTAINABLE DIVERSIFIED ECONOMY
EFFECTIVE PUBLIC ADMINISTRATION
Under its vision 2035, Kuwait aims to become a “Financial and Commercial Hub” of the Middle East. In a bid to move away from an Oil and Gas dependent economy, the bold vision of the leadership requires the Kuwaiti government and private sectors to transform their operations through a digital transformation drive. This would not only help achieve the goals under vision 2035 but also position Kuwait as a strong cross-sector hub.
This will explore the potential of utilizing the existing infrastructure as well as the need to implement a more advanced digital infrastructure in the Governorate. it will highlight the potential and opportunities that can be unlocked in Kuwait via a digitalized private sector.

Kuwait International Airport Terminal II
Award Date - May 2016
Completion Date - September 2024
*News and Updates*
Construction works have progressed up to 61.8 per cent.

DEFINITIONS.
KAPP-Kuwait Authority for Partnership Projects
KDIPA-Kuwait Direct Investment Promotion Authority
KIPIC-Kuwait Integrated Petroleum Industries Company
KNPC-Kuwait National Petroleum Company
KOC-Kuwait Oil Company
KPA- Kuwait Ports Authority
MEW-Kuwait Ministry of Electricity and Water
MOH-Kuwait Ministry of Health
MPW-Kuwait Ministry of Public Works
PAHW-Public Authority for Housing Welfare
PAI-Public Authority for Industry
PART-Public Authority for Roads and Transportation

The development of the integrated logistics and crafts area in industrial park aims to enhance the logistics and crafts sectors in line with Kuwait's 2035 vision, which is intended to diversify the country’s economy and strengthen local industry through partnership with the private sector.

Eco -Friendly Smart City.
Our Intelligence Team has just started to learn about this project.

Kuwait projects news

https://www.newsdayexpress.com/world/bumper-job-opportunities-abroad-for-indians-kuwait-preparing-to-give-entry-visas-to-new-workers/

Bumper job opportunities abroad for Indians, Kuwait preparing to give entry visas to new workers Kuwait City : Kuwait is facing a huge labor crisis due to Corona virus restrictions. Recently, the government has relaxed these restrictions, after which

https://www.newkuwait.gov.kw

كويت جديدة خطة التنمية الوطنية منبثقه عن تصور صاحب السمو الشيخ صباح الأحمد الجابر الصباح، أمير دولة الكويت الراحل - طيب الله ثراه لرؤية دولة الكويت بحلول عام 2035، ويجرى العمل في...