Published : Nov-2017
No. of Pages : 273
1. Preface 2
2. Executive summary 7
3. Governance 9
3.1 Parliamentary storms since 2011 11
3.2 Regional relations 16
3.2.1 The Divided Zone 16
3.3 The Paris Climate Agreement 19
3.3.1 Plans to reduce greenhouse gas emissions 20
4. Economy 21
4.1.1 Structure of the economy 22
4.1.2 Energy sector 22
4.2 Economic performance 24
4.2.1 Balance of payments 27
4.2.2 Fiscal reforms 27
4.2.3 The medium-term outlook 30
4.3 Debt & assets 31
4.4 Banking & finance 31
4.4.1 Kuwait Stock Exchange 33
4.4.2 The exchange rate 35
4.4.3 Credit ratings 36
4.5 Ease of doing business 36
4.6 Economic planning 37
4.7 Conclusion 40
5. The PPP programme 41
5.1 The legal framework 42
5.1.1 KAPP guidebook 45
5.1.2 Procedures for PPP projects 46
5.2 Request for proposals (RFP) 47
5.3 Evaluation of bids 47
5.4 Sale of shares in PPP projects 48
5.5 Implementation & monitoring 49
5.6 End of contract 50
5.7 Consolidation of authorities 50
5.8 Projects programme 51
5.8.1 Project delays 53
5.8.2 Al-Zour North IWPP Phase 1 57
5.8.3 Al-Zour North IWPP Phase 2 58
5.8.4 Al-Khiran IWPP 59
5.8.5 Umm al-Hayman wastewater project 60
5.8.6 Kabd municipal waste facility 61
5.8.7 Al-Abdaliya ISCC 62
5.8.8 Kuwait national railway 63
5.8.9 Kuwait Metro 64
6. Projects market 66
6.1 Historical analysis 66
6.1.1 Project awards in 2017 68
6.1.2 Outlook for 2018 68
6.2 Main clients 70
6.3 Main contractors 72
6.4 Future projects 73
7. Energy 78
7.1 Introduction 78
7.1.1 Oil 78
7.1.2 Gas 80
7.1.3 Refining 82
7.1.4 Petrochemicals 83
7.2 Industry structure 83
7.2.1 Supreme Petroleum Council 84
7.2.2 Oil Ministry 84
7.2.3 Kuwait Petroleum Corporation 85
7.3 Politics & the oil sector 90
7.3.1 Project Kuwait/TSAs 92
7.3.2 K-Dow 92
7.3.3 Oil strike 93
7.4 Upstream 93
7.4.1 Oil fields 93
7.4.2 Enhanced oil recovery 102
7.4.3 Gas fields 106
7.4.4 Jurassic non-associated gas expansion scheme 109
7.5 Production & export infrastructure 111
7.5.1 Production & distribution 111
7.5.2 Export facilities 119
7.5.3 Gas imports 121
7.6 Downstream 122
7.6.1 Mina al-Ahmadi 124
7.6.2 Mina Abdulla 125
7.6.3 Shuaiba 126
7.6.4 The NRP 126
7.6.5 The CFP 132
7.7 Petrochemicals 136
7.7.1 Petrochemical Industries Company 137
7.7.2 Equate Petrochemicals 138
7.7.3 The Kuwait Olefins Company (TKOC) 138
7.7.4 Kuwait Aromatics Company (Karo) 138
7.7.5 The Kuwait Styrene Company (TKSC) 139
7.7.6 Other plants 139
7.7.7 Other projects 140
7.8 Contract awards 141
8. Power 142
8.1 Consumption 142
8.2 Generation 143
8.3 Forecasts 147
8.4 Projects 148
8.4.1 Al-Zour North IWPP 149
8.4.2 PPP law amendments 150
8.4.3 Future PPP projects 151
8.4.4 MEW projects 153
8.4.5 Subiya projects 154
8.5 Fuel 156
8.6 Alternative energy 158
8.6.1 Abdaliya ISCC 159
8.6.2 Kabd Municipal Solid Waste Project 161
8.6.3 Kisr renewables programme 162
8.7 Contractors 165
8.8 Transmission & distribution 166
9. Desalination 168
9.1 Projects 169
10. Wastewater 174
10.1 Sulaibiya 175
10.2 Umm al-Hayman treatment plant 177
10.3 Sabah Al-Ahmad Sea City: sewage treatment plants 178
10.4 Sewer systems 179
10.5 TSE 181
11. Construction 183
11.1 Market overview 183
11.2 The Kuwait Masterplan 186
11.3 Township programme 188
11.3.1 South Al-Mutlaa City 192
11.3.2 South Saad al-Abdullah City 196
11.3.3 Township PPP packages 197
11.4 Healthcare 198
11.4.1 Unawarded hospital projects 201
11.5 Kuwait University 202
11.6 KAPP 206
11.6.1 Schools Development Programme 206
11.6.2 Services and Entertainment Centre in Egaila 207
11.6.3 South Al-Jahra Labour City 207
11.7 Other projects 208
11.7.1 National Bank of Kuwait: new headquarters 209
11.7.2 Palace of Justice 209
11.7.3 Juvenile Housing Care Complex 209
11.7.4 Al-Jahra Ministerial Complex 209
11.7.5 Hospitality projects 210
12. Transport 213
12.1 Aviation 213
12.1.1 Airport expansion 215
12.1.2 Kuwait Airways 221
12.2 Ports 222
12.2.1 Mubarak al-Kabeer Seaport 224
12.2.2 Expansion of existing ports 226
12.3 Rail 227
12.3.1 Mainline 229
12.3.2 Metro 230
12.4 Roads 233
12.4.1 Al-Ghouse Road 236
12.4.2 First Ring Road 237
12.4.3 Second and Third ring roads 238
12.4.4 Fourth Ring Road 239
12.4.5 Fifth Ring Road 239
12.4.6 Regional Road 240
12.4.7 Other roads 244
12.4.8 The Subiya Causeway 247
13. Appendix, Law No. 116 of 2014 (regarding PPPs) 249
