events/KIW
About Housing & Industrial Development Forum

Kuwait’s urgent requirement to deliver 100,000 has created a fantastic market for residential and real estate building developers. Kuwait’s aim is clear and plans to meet housing unit requirements as well as diversify its economy thought projects like the Sheikh Ahmad Sea City and the South Saad Al Abdullah City, gives the market a sneak-peek into what Kuwait aims to accomplish against the current economic climate.

Under the auspices of ‘New Kuwait’ the Government has embarked on an ambitious development program, allocating several billion USD to developing major city-wide residential and industrial developments.  To address the housing crisis brought on by a growing and youthful population the government has committed to building a minimum of 12,000 villas per year, but is looking to exceed this with providing additional housing for more than 2.6million residents by 2030.

It has been announced that the majority of the spending for the National Development Plan is expected to come from the Government - 49.3%, with a large percentage from the oil and gas sector 33.8%, and the remainder from the private sector – 16.9%, under Kuwait’s PPP framework.

The Housing & Industrial Development Forum is an opportunity for you to develop renewed relationships with key entities delivering affordable housing, apartments and surrounding infrastructure for housing. It also provides clear opportunity for you to ‘tap’ into the latest development of Kuwait’s first smart city industrial zone which is said to replicate the South Korean City of Bundang. 

Heavy-weights in the market expect for Kuwait to remind economically active with the fastest growth rate compared to other regions in the world. The prospective city, which has been named South Saad Al-Abdullah, will accommodations for between 25,000 — 40,000 families and is worth $4 billion.

The Kuwait Infrastructure Week delivers project owners, real estate developers, builders, operators, engineering designers, contractors and their partners, material providers, energy efficiency products and service providers who deliver projects and provide innovation for future ROI and cost savings.

Key Speakers presenting on this Forum include:
  • H.E. Dr. Khalid Al-Mahdi, Secretary General, Supreme Council for Planning & Development (SCPD)
  • Eng. Suhaila Marafie, Director of Studies & Research Department, Ministry of Electricity & Water (MEW)
  • Sayed Al Musawi, Head of Strategic Planning Division, Public Authority of Housing & Welfare (PAHW)
  • Eng. Khaled Al Mashaan, Vice Chairman & CEO, ALARGAN Real Estate Company, Chairman, Kuwait Green Buildings Council
  • Dr. Rania Azmi, Investment & Finance Adviser to Middle East Sovereign Wealth Funds