MONDAY, FEBRUARY 2, 2015 LOCAL Kuwait to build airport, aerotropolis in Iraq ‘$1.35bn project will take five years to complete’ Sager stresses Kuwait Japan businessmen committee meeting KUWAIT: Head of the Kuwaiti side at the Kuwaiti-Japanese Businessmen Committee Khaled Al-Sager underlined here yesterday the significance of the committee’s 19th annual meeting due on Wednesday.In a news remark after a preparatory meeting held on Sunday, Al-Sager said that the 19th meeting would be held under the auspices of Minister of Social Affairs and Labor and Minister of State for Development and Planning Affairs Hind Al-Sabeeh and with the participation of several governmental and non-governmental bodies. Representatives of ministries of Electricity and Water, Health, and Transport as well as the Kuwaiti Institute for Scientific Research, the Kuwait Banking Association and Public Authority for Housing Welfare will take part in the gathering, he noted. The participation in the meeting reflects Head of the Kuwaiti side at the keenness of the Kuwaiti Kuwaiti-Japanese Businessmen leadership to cement Committee Khaled Al-Sager relations with Japan, he said, noting the Kuwaiti side would present a working paper on the state’s economy and its comprehensive development plan. Also the paper will include local major projects in housing and studies of developing and securing the sector of electricity and water, as well the Metro project, he pointed out. The Japanese side, Al-Sager added, includes a number of officials and several bodies will present some aspects relating to the new growth strategy in Japan and a briefing on its economy. The Japanese technology used for the production of water and power, as well as for the medical sector and thermal solar systems will also be presented, he concluded. — KUNA KUWAIT: The Al Nasriyah Al Kuwaitiah Company’s wining of a contract to build and operate the Diwaniya Airport and Aerotropolis in South Iraq comes within the framework of Kuwait’s role and efforts to help neighboring Iraq restore its economic, social and cultural renaissance, said the CEO of Al Nasiryah Sheikha Eman Nasser Sabah Al-Nasser Al-Sabah. “The Airport and Aerotropolis, which Al Nasiryah Co. will build and operate, will become the engine that drives the socio-economic development of Southern and Central Iraq for several decades and assist with Iraq’s goal of sustainable economic development,” Sheikha Eman said in an interview with KUNA. “It is also anticipated that the airport and aerotropolis will attract additional investments into Iraq and foster the further development of closer economic and political ties between Iraq, Kuwait and the rest of the Gulf Cooperation Council (GCC) member states.” Sheikha Eman also noted that the $1.35 billion-worth contract was signed with representatives of Iraq’s National Investment Commission and Diwaniya Governorate. “Winning this big contract shows that the Kuwaiti private sector’s companies are capable of competing for and executing the biggest projects in the world,” she said. Kuwaiti companies are fiercely competing major national and multinational companies on wining contracts of mega projects, she added. Free trade zone The CEO of Al Nasiryah said the project comprises three phases: The first phase for building the Airport, the second for establishing a free trade zone and the third for building the aerotropolis. “The first phase will take 26 month and the whole project will take five years to complete,” she told KUNA. “The project is a milestone for the economic growth of the Diwaniya Governorate as it will create job opportunities in different domains and contribute to the Iraq rebuilding efforts to restore its pivotal role in the region,” she said. She suggested that the experience of Kuwaiti companies, especially the Al Nasiryah Company, could be employed to contribute to the infrastructure projects in Iraq and help accelerate development process there. Sheikha Eman said the airport will have an extremely positive socio-economic impact on the Diwaniya and create a large number of permanent jobs during its construction and operation. “The whole area surrounding the project is expected to see an economic boom which will be reflected on the economic situation of families living there,” she clarified. She reiterated that the wining this contract is a considered a historic development in Kuwaiti-relations with Iraq and an example of the speedy growth of the bilateral cooperation. “Aside from the socio-economic importance of the air- Kuwaiti pavilion at the 35th International Tourism Trade Fair (FITUR 2015) in Spain. Kuwait tourism pavilion popular MADRID: The Kuwaiti pavilion at the 35th International Tourism Trade Fair (FITUR 2015) in Spain has been warmly received by visitors many of whom want to learn more about the country’s tourist monuments. In a statement to KUNA, head of the public relations and media department at the Touristic Enterprises Company Saqer Al-Bader said that the company, which has been participating in the fair for many years, seeks mainly to show Kuwait’s monuments and varied tourist sites. “The participation at the fair aims at shedding light on our customs, traditions, heritage, culture, the urban renaissance and different achievements in the country,” he said. He described the fair as a significant platform where the company meets with several public authorities and private institutions from Spain and other countries to exchange expertise relating to tourist facilities. Al-Bader noted that the company works on implementing new projects that will be released soon and started fully modernizing and developing its facilities as planned. “The Kuwaiti government pays a special attention to the tourist projects to revive constantly this sector,” he added. Hamoud Al-Dabous, a tourist official, said that Kuwait is keen on attracting a large number of tourists, mainly from the Gulf Cooperation Council (GCC) member states, due to its appropriate sites that meet the needs of all families.Kuwait is currently participating in the FITUR 2015 along with 164 other countries, including some Arab states like UAE, Lebanon, Jordan, Egypt, Palestine, Tunisia, Algeria and Morocco. The FITUR is a key event for the international tourism sector that showcased a multitude of products from different countries, autonomous regions of Spain, tour operators, airlines, service companies, travel agencies, and hotels. — KUNA Cold wave still worries citizens KUWAIT: Citizens began wearing lighter clothes in the past few days, as they started feeling a stability in the atmosphere, which seemed somewhat like summer, but fear from a cold wave still worries citizens, meteorologist Essa Ramadan had the same expectations as citizens, but still said there should be caution during the night, and not to take drops of temperature lightly. Ramadan expected Monday and Tuesday to have relatively low temperatures, then they will rise between 24 and 29 degrees. He said there is no fear of bitter cold, because “winter this summer is poor and drop of temperature come late.” CEO of Al Nasiryah Sheikha Eman Nasser Sabah Al-Nasser Al-Sabah during the signing of the contract. — KUNA port for southern and central Iraq, it is a remarkable mile- air freight and passenger operations for southern and censtone in the establishment of closer economic ties between tral Iraq. The airport will occupy 7,000 donums (17.5 million sqm Kuwait and Iraq,” she told KUNA. She went on to say that “Given the significance of the or 1,750 hectares) of land adjacent to Highway 1 outside of Airport project, it had also received the prior approval of Diwaniya, she said, noting that “once the airport is fully the Iraqi Premier Haider Al-Abadi as well as of the Iraqi cabi- operational, it will become the foundation upon which Al net.” The ground breaking for the $420 million-first phase Nasriyah is going to develop an entire aerotropolis”. She added that this full service aerotropolis will include of the project will take place in the spring of 2015 and the airport is projected to be fully operational in early 2017, she hotels and an entertainment district, exposition center, unveiled. She elaborated that Al Nasriyah, in its capacity as public plaza, shopping center, hospital, medical center, the airport sponsor and developer, will lead an internation- sports complex, industrial parks, university campus, al consortium of airport consultants, engineers and EPC research and technology park, just-in-time manufacturing facilities, and mixed use commercial and residential houscontractors to design, build and operate it for 45 years. The extraordinary investment and project are a culmina- ing. The aerotropolis will occupy an additional 7,000 dontion of nearly one year of meetings and negotiations that ums (17.5 million sq. m. or 1,750 hectares) of land that will first began when Diwaniya Governor Dr Ammar Al-Madani be leased to Al Nasriyah once that phase of the project is and Al Nasriyah signed a Memorandum of Understanding ready to be commenced. The airport and aerotropolis will in April of 2014, when it was also approved by the Ministry result in a total investment of USD 1.35 billion once all three phases of the project are completed, she said. of Transportation, she said. Al Nasriyah Al Kuwaitiah Company signed late January the 45 year-land lease license for the Airport in Diwaniya in Largest cargo facility Sheikha Eman pointed out that the airport will be the a ceremony attended by a large number of Iraqi and largest cargo air facility in Iraq and will provide full service Kuwaiti officials. — KUNA
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