KUWAIT CITY:
First phase of new 400,000-resident city
The Constitutional Court of Appeals dismissed three appeals filed against Sports Authorities Law passed in 2012 and housing welfare law, and another one filed by MP Abdulhamid Dashti to amend some provisions of the penal code number 16/2016, reports Al-Seyassah daily.
The appellants of Sports Authorities Law affirmed that the decree was not presented to the National Assembly in line with stipulated regulations, thus the decree should be regarded null and void. However, the court believed the appeal could have been entertained if the appellants were directly affected, so it did not deem it fit to entertain it based on insufficient
DUBAI, May 25, (RTRS): Kuwait is expected to sign within two weeks a $1 billion contract with Italy’s Salini Impregilo and Turkey’s Limak Construction for its planned South Al Mutlaa City project, an official said on Wednesday.
It is the first phase of the planned 100,000 square kilometre urban development, which is situated in central Kuwait and is expected to house around 400,000 residents when completed.
Despite being one of the world’s richest countries per capita and providing citizens with a lavish cradle-to-grave welfare state, Kuwait suffers a significant shortage of government-funded housing which particularly impacts young people, who can find themselves on a waiting list for years.
The South Al Mutlaa City contract will cover construction of a road and other infrastructure and be funded by the Kuwaiti government from its own reserves, Naser Khraibut, director of planning at the country’s Public Authority for Housing Welfare, told reporters on the sidelines of a conference in Dubai.
Costs for building infrastructure and public buildings in the city has been estimated at around $20 billion.
“Other packages we’re now in the process of prequalification for contractors to tender,” said Khraibut.
The Gulf state will also sign a contract this month worth between $80 million and $90 million with Hill International to manage the building of the entire city, Khraibut said.
Meanwhile, Kuwait is also designing and completing an economic study for the planned South Saad Abdullah City, which will cover 60 square kilometres.
The $10 billion to $15 billion cost of the project will be financed through a special purpose vehicle jointly established by the Kuwaiti and South Korean governments, Khraibut said.
Cramer, who cosponsored a bipartisan bill to investigate OPEC’s influence in the oil market, said Trump should examine Saudi and Venezuelan ownership stakes in US refineries that import foreign oil instead of using domestic supply, if he is elected president.
“One-third of (US) refining capacity is owned by OPEC countries. How does this fit into (Trump’s) America first policy?” Cramer said.
Cramer’s suggestions, and those of the second adviser Reuters interviewed, have been sent to Trump senior policy advisers including John Mashburn, who is expected to help draft Trump’s speech, according to sources familiar with the campaign.
Mashburn could not be reached for comment.
The organizer of Thursday’s conference, North Dakota Petroleum Council President Ron Ness, said 7,700 people were expected to attend, many probably hoping for assurances from Trump that he will help the oil industry be more competitive.
“We can manage the cyclical nature of the market but what we are struggling with is the daily onslaught of punitive regulations,” he said.
Cramer has suggested to Trump that he ease regulations like the Clean Power Plan, which is aimed at curbing emissions scientists believe contribute to global warming. He also wants Trump to consider the scope of waterways protected under the Clean Water Act.