Boost for Housing Segment

By May 17, 14Press Release

Housing Ministry signed BD18million deal to implement the first stage of East Hidd City, a project that envisages the construction of 4,523 public housing units.

The work of the project, which is being funded by the Kuwait Government, will be carried out in several phases and the first phase will start within a month, it was learnt. The multi-million deal was signed with Kuwait’s Khalid Al Kharafi and Brothers and Kingdom’s Nass Group (Nass Contracting).

At the behest of the Housing Ministry, Minister Basim Alhamer signed the deal with Sameer Nass of Nass Group and Al Kharafi Brothers Chairman Walid Al Kharafi. The first phase intends to complete 483 housing units within a period of 18 months, while the second phase will witness the construction of 400 units, for which the work is expected to start within the next two months. Speaking to Media, Mr. Alhamer said, “The implementation of the project is just a starting point in the history of the Kingdom’s housing sector.” He highlighted that it was for the first time four major housing projects were being implemented simultaneously.“

Five hundred and thirty units are being established in the Northern City, in addition to the reclamation operations being carried out in Eastern Sitra, apart from the ongoing works at East Hidd and Salmabad,” he pointed out. Thanking the brotherly nation of Kuwait for the generous support towards establishing the project, Mr. Alhamer hailed the support of His Majesty King Hamad bin Isa Al Khalifa, Prime Minister HRH Prince Khalifa bin Salman Al Khalifa and Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister HRH Prince Salman bin Hamad Al Khalifa towards public housing projects.