PAHW floats two tenders for new housing schemes

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KUWAIT CITY, May 26: The Public Authority for Housing Welfare has floated two tenders for the construction of new housing schemes, signaling a significant push in the country’s housing development efforts, reports Al-Qabas daily. The first tender encompasses the construction of 1,985 houses, buildings, and associated infrastructure in Sectors BP4 and BP7, while the second tender covers 1,608 houses, buildings, and related infrastructure in Sectors BP6 and BP9. The MEED magazine reported that bids for the main contracts were issued on May 12, with a bid submission deadline set for June 23.

This recent tender activity follows previous bids received by the Public Authority for Housing Welfare in January for two other housing construction projects, which included plans for 1,777 houses and associated infrastructure in Sector BP3 and 1,568 houses in Sector BP1. In the construction market, data from the regional project tracker, MEED Projects, indicates robust activity with projects worth $7.8 billion currently under implementation, positioning the construction sector as the second largest after transportation in Kuwait. The mixed-use subsector leads in work in progress, followed by residential projects.

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