Minister issues a decision amending rental value of leased spaces

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Fahad Al-Shula

KUWAIT CITY, Sept 24: Minister of State for Municipal Affairs and Minister of State for Communications, Fahd Al-Shoula, has issued an official decree pertaining to the rental rates of leased spaces within and around various Ministry of Transportation premises and unoccupied land, reports Al-Qabas daily.

According to the decree, a copy of which has been obtained by the daily, the rental cost for spaces leased within government mall centers, where ministries, agencies, and institutions offer their services to the public, will be set at 200 dinars for the initial square meter and an additional 12 dinars for each subsequent meter for each individual space. This revised rate will come into effect starting from today.

The decision highlights that the adjustment in the rental rates for spaces within government mall centers, leased by ministries, public bodies, and institutions to offer their services to the public, aims to encourage and motivate them to actively engage by establishing their branches within these government mall centers.

This news has been read 1486 times!

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