South Saad Al Abdullah Smart City Construction

business overview

Country (trade office) Kuwait
Project name South Saad Al Abdullah Smart City Construction
Business Category Transportation/Logistics
Overseas ordering company Kuwait Public Authority for Housing Welfare,
Korea Land and Housing Corporation (LH)
project schedule June 2022 - December 6
financing 정부
Scale 40 million dollars
Project period June 2022 to December 6

Detail

Main Content
  • For the purpose of the New Kuwait 2035 Project, the Kuwait Housing and Welfare Administration is promoting the construction of 2035 new towns that can accommodate about 24 households by 10.
  • South Saad Al-Abdullah New City is developing a Korean smart city with Sejong City as a role model
    – Through the Kuwaiti Prime Minister’s visit to Korea (May 2016), the “New Town Development Cooperation MOU” was signed between the governments of the two countries, and progressed through a master plan and design contract between Korea Land and Housing Corporation (LH) and Kuwait Housing Welfare Authority (PAHW)
    * A new town development plan with a scale of 30 km64.5 (2.5 to 4 units) near XNUMX km west of Kuwait City
  • (Status) Establishment of master plan between LH↔Kuwait Housing Welfare Office and contract for feasibility study (April 2017, KRW 4 billion) signed and in progress
Reason for selection
  • As a Korean smart city designed by Korea Land and Housing Corporation, it is expected that it will provide a new opportunity for Korean companies.

entry plan

opportunity factor
  • If you participate in the Saud Saad Al Abdullah Smart New City, it is easy to participate in other new towns in Kuwait or new town projects in other countries.
local collaboration
possible company
  • Korea Land and Housing Corporation (LH)
Other notes Participation in project bidding (expected in 2022)