VOL. XXXIV

NO. 22

4-MARCH-1991

Kuwait

Kuwait Signs Contracts Worth Over $800mn for Phase I of ReconstructionProgram

In a statement published on 27 February, the Head of Kuwait's EmergencyRecovery Program, Dr. Ibrahim Shahin, has disclosed that more than 200 contractshave already been signed for the first phase of the reconstruction of Kuwait,70% of which have been concluded with some of the US's largest companies. Dr.Shahin said that Kuwait may need to spend $800mn to $1bn for the first 90 days...