Kuwait has awarded Turkey’s Limak Group and its local agent, Kharafi National, a contract to build a new airport terminal at a cost of KD1.31 billion ($4.34 billion), the Public Works Minister Ali Al Omair said on Monday.
The Minister told a news conference that the project will be completed over six years and will raise the capacity of the airport to 25 million passengers from the current five million passengers.
Omair said it was “one of the biggest projects” under the current government development plan.
“It has been long delayed but we reached the first step,” he added.
Limak Group is a leading Infrastructure Project Developer in water, wastewater treatment and reclamation, district cooling, solid waste management and enhanced oil recovery as well as a leading Contractor and Facilities Management Service Provider to the petroleum, chemicals, power, water and commercial sectors in the Middle East and Africa.
As developers of infrastructure, Limak Group is pursuing projects on a BOT, BOO or PPP basis.
Since it was established in 1976, Kharafi National has developed from a local contracting company into an international, multi-disciplined company with diversified operations in:
- Infrastructure Project Development – the development, financing, management, operation and maintenance of major BOT, BOO, and PPP infrastructural projects;
- EPC - Engineering, Procurement and Construction in the water, power, infrastructure, environment and building services sectors;
- Construction – construction services in the oil and gas, petrochemicals, power, water and related sectors;
- Facilities Management – the management, operation and maintenance of commercial complexes, industrial plants and power installations; and
- Fabrication Services – the fabrication of process equipment and heavy structures for the industrial and civil construction sectors.
Kharafi National’s multi-faceted organization contains all the disciplines - civil, HVAC, mechanical and electrical engineering, instrumentation systems, telecommunications, quality assurance and control processes, and health, safety and environment procedures – required to deliver a broad range of development and contracting services to the petroleum, chemical, power, water and commercial industries in the Middle East and Africa.