Page 35 - Trends

building and operating public infrastruc-
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regulatory frameworks as per their re-
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and other sectors.
According to the Dubai-based Middle
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stages and are expected to be awarded in Kuwait in the forefront
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VWUXFWXUH FRUSRUDWH ÀQDQFLQJV DQG FDSLWDO 2035 $115 30-40 percent
PDUNHWV KDYH HPHUJHG DV YLDEOH ÀQDQFLQJ ‘Kuwait Vision 2035’ It is planning to create It aimed at reducing the
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placing a greater onus on sharing the bur- Kuwait tops the list with PPP projects worth $44.4 billion, followed by Libya
den of infrastructure spending with the
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IXQGLQJ WKDW LV VXLWHG WR 333 EDVHG SURM Makkah, Jeddah, Damman and Madi- JRYHUQPHQW SUHYLRXVO\ RSWHG WR EXLOG
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WRU 6 3 *OREDO 5DWLQJV ident Rumaih Mohammed Al-Rumaih agreement with a consortium was not
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increasingly presenting compelling new WKH SURSRVHG ELOOLRQ /DQGEULGJH SURM UHVV 6DXGL $UDELD DOVR UHFHQWO\ DZDUGHG
RSSRUWXQLWLHV IRU LQYHVWRUV DQG PDUNHW SDU HFW FRQQHFWLQJ -HGGDK DQG 5L\DGK 7KH a bus tender in Makkah.
ticipants, and becoming key markets in the
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9LVLRQ DQG WKH 8$( 9LVLRQ ZLOO $100 BILLION $7 BILLION $32 BILLION
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6DXGL $UDELD RQH RI WKH PDLQ GULYLQJ stages and are expected to for the proposed Landbridge than this amount, of which $10
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GCC, is pursuing PPPs for the construc- five years in the region. connecting Jeddah and Riyadh. the PPP mode.
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February 2018 | TRENDS 35