Overall completion of vital infrastructure at three economic zones in Kuwait, Abdali, Wafra and Al-Naayem, has reached 67% so far, with the project expected to be finished in 2027, according to Al-Seyassah.
The latest report of the Kuwait Direct Investment Promotion Authority showed tangible progress in developing the Abdali and Wafra economic zones, which the authority has offered among its new investment opportunities. Work to prepare the Nuwaiseeb free zone and the Al-Naayem economic zone is also moving ahead.
The project aims to develop land allocated to the authority, with an estimated total area of 19 square kilometres, and turn it into hubs for foreign direct investment by providing fully prepared land and space for industrial, technology and logistics investment.
According to informed sources, the progress shows the government moving from planning to actual operation. The sources expect foreign capital inflows before the end of the decade that would help diversify income sources, create jobs in non-oil sectors and integrate the local economy into global supply chains.
The sources said the project's target returns go beyond the direct financial impact. They include bringing modern technology and advanced technical know-how into the country, creating quality, sustainable jobs for young Kuwaitis, and building capacity and training local talent. Linking the zones to the concept of added value is meant mainly to attract advanced manufacturing, technology and logistics industries that do not rely on oil as their only driver, using Kuwait's geographic location to win a share of regional and international supply chains.
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