GCC rankings ascend as Kuwait procures $1.92 billion in Q1 contract deals

Sparking Progress in Kuwait: A Boost to Gulf Economies

Get ready for some major development in Kuwait! The Public Authority for Housing Welfare (PAHW) has taken the lead, securing three significant contracts worth a whopping $847 million. The deals encompass infrastructure projects in South Saad Al-Abdullah City and local treatment plants, setting the stage for an urban wonder with tens of thousands of housing units.

Here's the lowdown:

South Saad Al-Abdullah City: The New Urban HubThe South Saad Al-Abdullah City projects entail a collection of large-scale contracts designed to build a thriving new urban center. Key elements include:
Population Support: Initially projected to house 150,000 residents and support over 20,000 units, newer sources envision a more ambitious long-term vision, aiming for 46,000 units[1][3].
Infrastructure Development: Building of resilient residential suburbs, power substations, and utility systems are underway, with a targeted completion date set for November 2027[1][5].
Diverse Development Sectors: Contracts span sectors labeled NFU1 to NFU19-15 and NFU7 to NFU17, covering extensive groundwork[5].
Key Players and Contracts
China Gezhouba Group: This global powerhouse nabbed two contracts totaling a staggering KD 172.1 million (~$557.5 million) for infrastructure work across various zones[1][5].
Kuwait Company for Process Plant Construction & Contracting (KCPC): KCPC clinched a KD 89.6 million (~$290.3 million) contract for sectors NFU7–NFU17[1][5].
Setting the Pace Under Vision 2030: The first quarter of 2025 saw a colossal $847.8 million of total awards for the city, signaling accelerated activity following Kuwait’s Vision 2030 development strategy[5][2].

Kuwait's rapid progress doesn't stop there. Other noteworthy projects include the development of Al-Mutlaa City, targeting a population of 400,000 residents, and the Al-Naeem Residential Project, designed to accommodate 10,000 units. This whirlwind of construction is all part of Kuwait's efforts to tackle housing shortages and modernize infrastructure through strategic partnerships with both international and local contractors.

As Kuwait's economy soars, other Gulf nations are seeing their fair share of growth. GCC countries awarded an impressive $44.41 billion in project contracts during the first quarter of 2025, with the United Arab Emirates (UAE) leading the pack with a jaw-dropping $19.26 billion, followed closely by Saudi Arabia and Qatar. So buckle up and get ready for some serious development across the Gulf!

[1] Al Anba (Arabic daily newspaper)[2] MEED magazine[3] Source #3 unavailable, includes information from Al Anba and additional sources[5] Enrichment data based on various sources, providing detailed insights into South Saad Al-Abdullah City projects, contractors, and timelines.

By 2025, the South Saad Al-Abdullah City in Kuwait, a significant development under Vision 2030, is expected to house an ambitious 46,000 units, marking a major expansion in population.
In the GCC region, Kuwait is not alone in its development endeavors, as other countries like the UAE, Saudi Arabia, and Qatar collectively awarded over $44 billion in project contracts during the first quarter of 2025.
In addition to the South Saad Al-Abdullah City, other developments in Kuwait include the Al-Mutlaa City, targeting a population of 400,000 residents, and the Al-Naeem Residential Project, designed for 10,000 units, contributing to the resolution of housing shortages and modernization of infrastructure.