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Kuwait Procurement News Notice - 78304


Procurement News Notice

PNN 78304
Work Detail US firm awarded feasibility study contract Kuwait is planning to build a tourism city comprising hotels and other facilities at a cost of nearly 550 million Kuwaiti dinars ($1.8 billion), press reports said on Monday. The US consultancy firm Oliver Wyman has been awarded a $1.5 million contract to carry out the feasibility study for the project in the Northern Al-Jahra governorate, the Arabic language daily Alqabas said, quoting official sources. The Kuwaiti government has approved the project, which will be overseen by the General Organization for Social Insurance, the report said. The project, to be built on an area of 1.4 million square metres, comprises hotels, restaurants, a tourism resort, a water park, a zoo, theatres, botanical gardens, a golf course and other facilities, the report added.
Country Kuwait , Western Asia
Industry Travel & Tourism
Entry Date 01 Oct 2024
Source https://www.zawya.com/en/projects/construction/kuwait-plans-18bln-tourism-city-ogdfc5d6

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