Middle East Economic Survey
Kuwait Cabinet Approves Guidelines For BOT Projects
The Kuwaiti cabinet, meeting on 15 August, approved guidelines for a policy to set up projects on a build, operate, transfer (BOT) basis. Finance Minister Badr al-Humaidhi said the policy was intended to encourage the private sector to participate in the management of some state projects, and produce better and cheaper goods and services. The minister told the daily al-Rai al-Aam...