DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/s7cbbk/kuwait_projects) has announced the addition of the "Kuwait Projects Market Report 2013" report to their offering.
Much has been made of Kuwait's well-publicised projects market difficulties. But the fact remains that the state is a market with substantial potential given the two key ingredients for success: a need and the financial ability to meet that need. In terms of future projects, Kuwait has the highest upward potential of any market in the region, with potentially more than double the value of contracts awarded in the next five years compared with the previous half-decade period. If it delivers, it could find itself as the second or third largest market in the region.
The signs are encouraging. The launch in 2009 of the state's $100bn-plus five-year development programme has focused government efforts on project delivery. At the same time, all eyes are on the Partnerships Technical Bureau's (PTB) public-private partnership (PPP) plan covering almost 30 projects and counting.
Perhaps most importantly, the issue, after years of planning, of the main tenders for the $16bn-plus clean fuels refining upgrade project (CFP) in early 2013 should indicate that Kuwait is serious about its investment plans. Should it follow it up with the retendering of its similar-sized new refinery project (NRP), the local projects market will be in line for a radical transformation.
Key Topics Covered
2. Executive summary
5. The Kuwaiti projects market
7. The Partnerships Technical Bureau and the PPP programme
8. Power and desalination
For more information visit http://www.researchandmarkets.com/research/s7cbbk/kuwait_projects
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