Chinese contractors have submitted the lowest bids for two major residential development packages in Kuwait. The tenders encompass construction works across five districts within the Al-Mutlaa City residential project. The initiative is part of Kuwait's broader national housing capacity expansion program.
Mohammad Abdulrahman Alhawi, Undersecretary of the UAE Ministry of Investment, stated that no planned foreign direct investment projects have been cancelled in 2026 despite regional geopolitical tensions. The country remains committed to achieving its target of $65 billion in annual FDI inflows by 2031, supported by domestic infrastructure development and investor partnerships. HSBC estimates that the UAE's planned infrastructure project pipeline exceeds $190 billion in financing requirements.
Dubai Aviation Engineering Projects has awarded a AED 10 billion ($2.7 billion) contract for the West Terminal substructure at Al Maktoum International Airport to a joint venture of China Civil Engineering Construction Corporation and Abu Dhabi-based Tristar Engineering & Construction. The 800,000-square-metre facility will span seven levels and accommodate 45 million passengers annually once complete. The project transitions the airport's $35 billion initial expansion phase into its core construction stage.
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