KUWAIT

Kuwait’s Partnerships Technical Bureau (PTB) has clarified that the planned al-Zour North Phase 2 and al-‘Abdaliyah projects will go ahead under the terms set out in existing independent water and power project (IWPP) legislation. Some 40% of each project will be offered to the foreign investors developing the project, with 50% reserved for Kuwaiti nationals and 10% for government bodies, PTB president ‘Adil al-Rumi tells al-Anbaa newspaper.

This follows a...