Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait: 5pc Of Entire Land Enough To Solve Housing Problem: Study  Join our daily free Newsletter

MENAFN - Arab Times - 22/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The Studies and Research Department at the National Assembly has conducted a study on the housing issue, reports Al-Qabas daily. Results of the study showed five percent of the entire Kuwaiti land is enough to solve the housing problem. It also recommended the participation of international companies, along with the private sector, in the distribution of 296,000 plots in eight residential cities by 2020



The international companies will bring personnel, equipment and building materials with them; while companies based in the Near East will implement the infrastructure, and the national companies will be in charge of the construction. Kuwait will shoulder the cost of the infrastructure without putting any additional charge on the citizen's apartment; and the companies will be required to recruit Kuwaitis, other Gulf nationals and Bedouns who should comprise 60 percent of the total workforce



According to the study, Kuwaitis and residents currently live on eight percent of the total land area; not to mention the accumulating financial surplus over the years, thereby, enabling the country to build a new Kuwait without any difficulty. The study also revealed that youths, below 24 years old, constitute 61.4 percent of the Kuwaiti society; so the number of marriages is expected to rise in the coming years. It also recommended the unification of authorities in charge of the housing issue and the formation of a council of experts affiliated to the Cabinet to oversee the construction process

 






  MENA News Headlines
 Aug 29 2014 - Mercedes disciplines Rosberg after crashArab News
(MENAFN - Arab News) BRACKLEY England: Formula One team Mercedes has disciplined Nico Rosberg for crashing into teammate Lewis Hamilton during last weekend's Belgian Grand Prix warning the German ...

 Aug 29 2014 - Papua New Guinea volcano erupts locals evacuateArab News
(MENAFN - Arab News) CANBERRA Australia: A volcanic eruption on Papua New Guinea has led to nearby communities being evacuated and some international flights being diverted.The Australian government ...

 Aug 29 2014 - Mother son reunite after 36 yearsArab News
(MENAFN - Arab News) A Yemeni woman 60 was reunited with her son after 36 years said sabq.org electronic newspaper quoting her brother.The son was only three years old when the woman got divorced ...

 Aug 29 2014 - Nurse-doctor ratio higher in govt hospitals: ReportArab News
(MENAFN - Arab News) The ratio of nurses for physicians in the government-run hospitals is double compared to the rate prevailing in private sector hospitals that means two nurses for one physician ...

 Aug 29 2014 - Three months on Umrah pilgrim still missingArab News
(MENAFN - Arab News) An Indian pilgrim from the state of Kerala who came to the Kingdom for Umrah three months ago went missing after wandering outside of his hotel room.Relatives are still looking ...

 Aug 29 2014 - Three jailed for graftArab News
(MENAFN - Arab News) The Eastern Province Municipality official who was accused of amassing SR6.3 million in bribes has been sentenced to 10 years in prison and fined SR1 million.The official had ...

 Aug 29 2014 - Jeddah Riyadh lead in marriage denial casesArab News
(MENAFN - Arab News) Saudi women have filed some 622 "adhl" cases from the beginning of 2013 to date Justice Ministry sources said. "Adhl" is where a woman is denied the right to marry by her ...

 Aug 29 2014 - Young couples revive furniture shop salesArab News
(MENAFN - Arab News) Furniture shops in Jeddah witnessed a rise in young shoppers who are planning to get married during the summer season. According to shop owners sales increased by 90 percent due ...

 Aug 29 2014 - Scientists discover mild cases of MERSArab News
(MENAFN - Arab News) CHICAGO: Fewer than half of Saudi Arabian patients in a study passed the Middle East Respiratory Syndrome virus to household members and many of those who developed secondary ...

 Aug 29 2014 - Massive hair lump removed from patient's stomachArab News
(MENAFN - Arab News) A medical team in Asir successfully removed a massive two-kilogram hair lump from the stomach of a 20-year-old patient.The team headed by Dr. Antoine Nosta operated at Muhayil ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help