Oil Min­is­ter, Chi­nese del­e­ga­tion dis­cuss boost­ing en­ergy, wa­ter co­op­er­a­tion

$709 mil­lion deal to de­velop South Mat­laa in­fra­struc­ture

Kuwait Times - - LOCAL -

Means of pro­mot­ing bi­lat­eral co­op­er­a­tion in the en­ergy and wa­ter sec­tors, as well in­vest­ing in Kuwait’s Silk City and five is­lands projects, fea­tured high on the agenda of a meet­ing Oil Min­is­ter Es­sam Al-Mar­zouq held with a vis­it­ing Chi­nese del­e­ga­tion yes­ter­day.

Emerg­ing from the meet­ing, the min­is­ter said that he and the Chi­nese dis­cussed boost­ing ties in the oil, elec­tric­ity and wa­ter sec­tors. Mar­zouq ex­plained to the del­e­ga­tion Kuwait’s needs of fu­ture en­ergy in fields like ex­plo­ration for oil, and in­vest­ments in oil re­finer­ies as well as petro­chem­i­cal com­plexes over­seas. In ad­di­tion, the two sides dis­cussed Kuwait’s needs of en­ergy over the com­ing two decades, namely es­tab­lish­ing power plants, ei­ther to be op­er­ated by fos­sil fuel or al­ter­na­tive en­ergy.

Mean­while, Kuwait’s am­bas­sador to China Samih Hayat said that the visit is part of ef­forts to boost bi­lat­eral co­op­er­a­tion in en­ergy, trade and investment. Such steps go in line with His High­ness the Amir Sheikh Sabah Al-Ah­mad AlJaber Al-Sabah’s strate­gic vi­sion ‘Kuwait 2035’ and China’s Belt and Road Ini­tia­tive, Hayat noted. The Kuwaiti en­voy stressed sin­cere mu­tual de­sire to con­sol­i­date ties, say­ing this is part of His High­ness the Amir’s de­sire to de­velop Kuwait into a re­gional and in­ter­na­tional fi­nan­cial and com­mer­cial hub.

The vis­it­ing del­e­ga­tion in­cludes ex­perts and spe­cial­ists from sev­eral govern­ment de­part­ments in China, among them the China Devel­op­ment Bank, the Na­tional Devel­op­ment and Re­form Com­mis­sion, the Ur­ban Plan­ning So­ci­ety of China, the China As­so­ci­a­tion of Devel­op­ment Zones, the China Trans­port Com­pany and the China In­ter­na­tional En­ergy Group Co, Ltd (CIEG), be­sides other state bod­ies in in­fra­struc­ture and gi­ant projects.

Hous­ing project

In the mean­time, a Chi­nese firm has signed a con­tract with the Kuwaiti govern­ment worth KD 215 mil­lion ($709 mil­lion) to de­velop in­fra­struc­ture and roads for a new hous­ing project in Kuwait’s South Mat­laa, a Kuwaiti of­fi­cial said. The con­tract, signed dur­ing the visit of the of­fi­cial Chi­nese del­e­ga­tion, in­volves works for 18,000 hous­ing units in the new city lo­cated west of Kuwait City, Kuwait’s State Min­is­ter for Hous­ing Af­fairs and State Min­is­ter for Ser­vices Yasser Abul said. It comes on the heels of sev­eral con­tracts in the hous­ing and com­mu­ni­ca­tions sec­tors, and re­flects the pos­i­tive out­come of the visit, he added, with­out spec­i­fy­ing the com­pany that signed the deal.

Fur­ther­more, Chi­nese tech­nol­ogy and smart­phone gi­ant Huawei will ex­e­cute the sec­ond phase of a fiber op­tics project in Kuwait, af­ter it signed a KD 22 mil­lion ($72 mil­lion) con­tract with Kuwait’s Min­istry of Ser­vices, Abul said.

He com­mented that the di­verse na­ture of sec­tors Chi­nese com­pa­nies are han­dling in Kuwait il­lus­trates the “com­bined de­ter­mi­na­tion to de­velop these sec­tors, to reach new lev­els of co­op­er­a­tion and to boost bi­lat­eral re­la­tions” with Kuwait.

Kuwaiti-Cino re­la­tions are in “con­stant devel­op­ment and growth” as more and more Chi­nese com­pa­nies are deal­ing with the Kuwaiti govern­ment, he said, par­tic­u­larly in the hous­ing sec­tor. The min­is­ter went on to wel­come fur­ther investment from Chi­nese con­struc­tion and build­ing ma­te­ri­als firms to ben­e­fit from the vast investment op­por­tu­ni­ties in Kuwait’s hous­ing sec­tor.

‘Kuwait 2035’

Ear­lier yes­ter­day, Min­is­ter of Amiri Di­wan Af­fairs Sheikh Nasser Sabah Al-Ah­mad Al-Sabah met with mem­bers of the Chi­nese del­e­ga­tion, as their dis­cus­sion fo­cused on find­ing ways to col­lab­o­rate within the frame­work of the ‘Kuwait 2035’ devel­op­ment strat­egy.

Also, Min­is­ter of Pub­lic Works Ab­dur­rah­man Al-Mutawa and the vis­it­ing Chi­nese del­e­ga­tion dis­cussed means of pro­mot­ing bi­lat­eral ties in all fields. The of­fi­cial Chi­nese del­e­ga­tion ar­rived yes­ter­day on a four-day visit to Kuwait for boost­ing re­la­tions and pro­mot­ing strate­gic co­op­er­a­tion for the good of both sides, the Min­istry of Pub­lic Works said in a state­ment. Sheikh Nasser Sabah Al-Ah­mad vis­ited China last May for fos­ter­ing bi­lat­eral ties, fo­cus­ing on the goals of the ‘Kuwait 2035’ vi­sion. Dur­ing the visit, Sheikh Nasser met with China’s Vice Pres­i­dent Li Yuan­chao.

The of­fi­cial Chi­nese del­e­ga­tion, which ar­rived in Kuwait on Mon­day, has been dis­cussing mat­ters re­lated Kuwait’s devel­op­ment plan and ways it could con­trib­ute to China’s re­cre­ation of the an­cient Silk Route, nick­named the Belt and Road global trade project. The Chi­nese in­tend to do this through the devel­op­ment of strate­gic projects, in­clud­ing Kuwait’s planned Silk City project, a 250 sq/km free trade zone in the north­ern Sub­biyya re­gion and Kuwait’s five is­lands. — KUNA

Min­is­ter of Amiri Di­wan Af­fairs Sheikh Nasser Sabah Al-Ah­mad Al-Sabah meets with a del­e­ga­tion from the China Devel­op­ment Bank (CDK).

KUWAIT: Oil Min­is­ter Es­sam Al-Mar­zouq at­tends a meet­ing with the Chi­nese del­e­ga­tion. —KUNA

Min­is­ter of Pub­lic Works Ab­dur­rah­man Al-Mutawa meets with the vis­it­ing Chi­nese del­e­ga­tion.

Kuwait’s State Min­is­ter for Hous­ing Af­fairs and State Min­is­ter for Ser­vices Yasser Abul at­tends a meet­ing with the of­fi­cial Chi­nese del­e­ga­tion.

Oil Min­is­ter Es­sam Al-Mar­zouq (left) greets a mem­ber of the Chi­nese del­e­ga­tion, as Kuwait’s am­bas­sador to China Samih Hayat (cen­ter) looks on.

Oil Min­is­ter Es­sam Al-Mar­zouq speaks dur­ing the meet­ing

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