95,000 apply for homes
KUWAIT CITY, July 24: The Public Authority for Housing Welfare (PAHW) revealed that the land plots allocated for residential purposes can cover the currently accumulated housing requests, reports Al- Qabas daily. It explained that the total land it received from Kuwait Municipality can cover about 150,000 housing units in the projects in Mirqab, Sabriya, Nawaf Al-Ahmad, and Khairan areas.
A closed Kuwaiti shareholding company is being established to develop some projects and the land allocated to it, including the Mirqab project, for which PAHW has completed environmental studies. According to the report, the project in the south of Saad Al-Abdullah city has completed advisory services. The cost for the implementation of the main road networks and infrastructural services has been included in the budget of the 2021/2022 fiscal year. It will be contracted to implement it after it is approved by the Ministry of Finance and after all the obstacles affiliated with the concerned authorities are removed. The report highlighted that the total housing applications submitted is about 95,000 as of mid-April. The housing sector is developing five-year plans for its projects that would contribute to reducing the waiting period and addressing the increase in housing applications.
The distributions made during the last five-year plan are equivalent to 69 percent of the total distributions during the period from 1956 to 2013. The allocation has currently reached the December 2020 applications, which indicates a reduction in the waiting periods for existing housing requests. The report concluded by stating that the 2021/2025 five-year housing plan includes the construction of about 59,000 housing units, out of which 24,508 are in South Saad Al-Abdullah, 20,380 in South Sabah Al-Ahmad, and the rest of the units are Sabah Al-Ahmad apartments, low-cost houses, houses in East Taima and apartments in Jaber Al-Ahmad.