PPP approach could save $2.9bn on Kuwait megaproject ...United Arab Emirates

Kuwait could save billions of dollars if it builds its planned metro using private finance instead of the traditional procurement system, a report citing the Kuwait Authority for Partnership Projects (KAPP) has said. According to an Arab Times report, the Kuwait Metro was originally envisioned as a PPP project with construction due to start in 2017. However, a series of setbacks have plagued the project, resulting in several delays. The report added that KAPP recently conducted a study that compared the life cost of the megaproject if it built it through a public-private partnership rather than through the traditionally tendered approach. The study found that if implemented the government’s

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PPP approach could save $2.9bn on Kuwait megaproject ...United Arab Emirates

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