Investor Presentaiton
Kuwait Selected Mega Projects
Project
South Al Mutlaa City
Sector
Value (KD bn)
Scope
Housing
2.33
30,000 residential units, schools and other facilities
Jahra & Sulaibiya Low Cost Housing
City
Housing
0.6
New Refinery Project
(NRP)
Low cost housing project north of Kuwait City; 824 Hectares
Oil & gas
3.90
New 615,000 bpd refinery by KNPC
Status
Underway: Overall progress 28%. Major infrastructure works for 18,519 units is 73% complete, for 4,999 units
is 62% complete and for 4,770 units is 89% complete. P-1 to P-3 completion expected by 2020.
Underway: Progress at 11%. Infrastructure works contract awarded and expected to complete in May 2021.
Project is scheduled to complete in 2030. Project was in the execution stage as per latest update in August-19.
Underway: Progress at 99%. Technology provider appointed. Construction works are complete on P-1 to P-5.
The project is expected to be completed by June 2020 and to operate by end-2021 from June-2021.
Clean Fuels Project
(CFP)
Oil & gas
3.70
Jurassic Non Associated Oil & Gas
Reserves Expansion: Phase 2
Oil & gas
1.22
Petrochemical Facility at Al-Zour
Oil & gas
2.0
LNG Import and Regasification Terminal
Oil & gas
0.80
Al-Zour North (IWPP) - P2 to P5
Power & water
0.5
Al-Khairan Power & Desalination Plant
(IWPP)
Power & water
0.51
Umm Al Hayman Waste Water (PPP)
Power & water
0.47
Specification upgrade and expansion of 2 existing refineries
to produce 800,000 b/d.
Complete: Overall progress 100%. Construction works completed. Lowest bid for mechanical maintenance
contract submitted for $312.7 million.
Production of 120,000 b/d of wet crude and more than 300
million cubic feet a day (cf/d) of sour gas
Petrochemical plant to be integrated with Al-Zour refinery.
4 full containment LNG tanks each with a working capacity
of 225,500 m and a regasification plant with capacity of
1500 BBTU/day
1800 MW of power generation capacity and 464,100m³
/day of desalination capacity
Underway: Progress at 57%. Construction activities completed on West and East Raudhatain field, Sabriyah
and Umm Niqa and commissioning is underway. The invitation to bid for JPF-6 and 7 are not yet issued. JPF-4
& 5 bidding have been placed on hold.
Planning: FEED works completed. Project tendering could be postponed by KIPIC due to capex restructuring.
NBK Capital appointed as financial advisor.
Underway: Progress at 96%. Construction works are underway and scheduled to complete by June-2020.
Technology provider has been appointed. PQ for maintenance and operation contract completed and awaits
tendering.
Complete/Planning: Overall progress 53%. P-1 is complete. P-4 & P-5 are under study. KAPP extended bids
submission for P-2 & P-3 to 23 July 2020.
Net capacity of a min 1,500 MW of power and a min 125
MIGD of desalinated water
Initial treatment capacity of 500,000 m³/d. Plant may
replace Riqqa WWTP in future
Bidding/Planning: P-1 is in the main contract PQ stage. P-2 & P-3 are still in the study phase. KAPP
extended bids submission for main contract to 23 July 2020.
Underway: KAPP signed the award letter and final agreements. Construction is yet to commence.
Kabd Municipal Solid Waste Project
Power & water
0.3
Waste to energy facility; 50% of all the municipal solid
waste produced in Kuwait will be processed at the facility
On Hold: The project has been put on hold and the client is likely to cancel the project.
Al-Dibdibah Solar PP
Power & water
0.5
Capacity to produce 1GW solar project
Airport Expansion (New Passenger
Building)
Transport
1.90
To increase the annual handling capacity of the airport to
20 million passengers and new runways and infrastructure
expansion
Bidding/Planning: Lowest bid submitted for KD 439 mn. KNPC is weighing options to proceed with awarding,
retendering or cancellation given capex restructuring due to the COVID-19 pandemic.
Underway/Planning: Overall progress at 61%. Construction works ongoing on Terminal. P-2 contract for
landside works is yet to be awarded. Crossroads contract bid submission deadline extended to 5-May 2020.
الوطني
NBK
23
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