RIYADH: Kuwait has signed an engineering, procurement and construction contract with China valued at around $4 billion to construct the Mubarak Al-Kabeer Port on Bubiyan Island.
The agreement was signed by Minister of Public Works Noura Al-Mashaan and Chen Zhong, deputy chairman of China Communications Construction Co., according to the Kuwait News Agency,
The deal aligns with Kuwait’s efforts to overhaul its infrastructure and strengthen its strategic position as a regional transport and logistics hub.
Addressing the signing ceremony, Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah said relations between the two countries are built on historical ties, mutual political respect, confidence, and shared interests.
“These ties are based on the sagacious vision of the leaderships in the two countries, joint will to consolidate constructive cooperation at various levels and promote the bilateral relations to the level of strategic partnership,” KUNA quoted the prime minister as saying.
