Kuwait is set to spend about USD 15.6bn on infrastructure and other projects in FY 2017/2018, Trade Arabia reported.

The projects involve housing, roads, electricity, ports, airports, telecommunications, and renewable energy. The projects will also feature Sabah Al-Salem University City, Zour refinery, clean energy, the Kuwait Airport expansion, among others.

While the government is said to contribute 49.3% of the investments, around 33.8% will be spent by the state-owned oil sector while 16.9% will be spent by the private sector within a public-private partnership program.