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
Low cost housing project north of Kuwait City; 824 Hectares
New Refinery Project
(NRP)
Clean Fuels Project
(CFP)
Oil & gas
3.90
New 615,000 bpd refinery by KNPC
Oil & gas
3.70
Jurassic Non Associated Oil & Gas Reserves
Expansion: Phase 2
Oil & gas
1.22
Petrochemical Facility at Al-Zour
Status
Underway: Construction works are ongoing as per schedule and are expected to be completed by February 2022 on Public Building
in Mutlaa City (N8 & N9). The consultancy tender submission deadline has been extended to 12 October 2021 for wastewater
treatment plant.
Underway: Infrastructure works completed. Project was in the execution stage as per latest update in June-2021 and scheduled to
complete in 2030.
Complete: Construction works are complete.
Specification upgrade and expansion of 2 existing refineries to produce
800,000 b/d.
Complete: Overall progress 100%. The project is currently under operation and the time for its shutdown mechanical maintenance
is still unknown.
Production of 120,000 b/d of wet crude and more than 300 million cubic
feet a day (cf/d) of sour gas
Underway: Construction activities completed on West and East Raudhatain field, Sabriyah and Umm Niqa. JPF-4 & 5 bids
submitted.
Oil & gas
2.0
Petrochemical plant to be integrated with Al-Zour refinery.
LNG Import and Regasification Terminal
Oil & gas
0.80
4 full containment LNG tanks each with a working capacity of 225,500
m and a regasification plant with capacity of 1500 BBTU/day
Planning/Underway: FEED works completed. Project Engineering and Management Services for 6 years contract has been
awarded. KIPIC qualified 7 bidders for the main contract tender expected before end-2021. The Fire Station and Training Center
tender is yet to be issued.
Complete: The project is complete.
Al-Zour North (IWPP) - P2 to P5
Power & water
0.5
1800 MW of power generation capacity and 464,100m³ /day of
desalination capacity
Al-Khairan Power & Desalination Plant (IWPP)
Power & water
0.51
Net capacity of a min 1,500 MW of power and a min 125 MIGD of
desalinated water
Umm Al Hayman Waste Water (PPP)
Power & water
0.47
Initial treatment capacity of 500,000 m³/d. Plant may replace Riqqa
WWTP in future
Complete/Planning: P-1 is complete. Overall progress 55%. KAPP obtained approval to award the Transaction Advisory Services
contract for P-2 & P-3; while request for main contract qualification is expected between 3rd and 4th quarter 2021. The P-4 & P-5 are
under study.
Bidding/Planning: KAPP obtained approval to award the Transaction Advisory Services contract. KAPP is expected to issue
request for qualification between 3rd and 4th quarter 2021 for main contract.
Underway (pending): KAPP signed final agreements and financial closure has been achieved for the project. Construction works
commenced, ongoing per schedule and set to be completed by Jan-2024.
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.
Kuwait Metropolitan Rapid Transit
Transport
5.4
165 km transit line running across Kuwait.
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
Planning: Feasibility study for the project has been completed stating the PPP models is more economically viable than the
traditional tendered approach.
Underway/Bidding: Overall progress at 41%. Construction works ongoing on Terminal. P-2 contract for landside works is yet to be
awarded. Crossroads contract bid submission deadline ended Jun-2021. The main contract tender is yet to be issued on P-1 of
Package 1. The Cargo City (Package 4B) is still in its initial stage of development.
National Bank of Kuwait 28View entire presentation