Kuwait has signed a $4.1 billion agreement with China to construct the Mubarak Al-Kabir port on Bubiyan Island, a key component of the Gulf state’s plan to diversify its economy and expand its role in global trade. The deal, valued at 1.28 billion Kuwaiti dinars, covers engineering, procurement, and construction services, according to Kuwait’s State Audit Bureau.
The signing ceremony was attended by Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah, who emphasized that the project would strengthen Kuwait’s regional and international trade connectivity. China’s acting chargé d’affaires, Liu Xiang, said the agreement reflects Kuwait’s growing involvement in Beijing’s Belt and Road Initiative. The two nations had previously signed seven memoranda of understanding in 2023, covering housing, water treatment, and renewable energy projects.
Analysts view the port as a strategic investment that could enhance Kuwait’s logistics capacity and attract foreign trade flows. Construction is expected to begin soon, with the project seen as a cornerstone of Kuwait’s long-term economic diversification strategy.
আমার দেশ অনলাইন প্রকাশ : ২৪ ডিসেম্বর ২০২৫, ০৯: ০৯ আমার দেশ অনলাইন অর্থনীতিকে বহুমুখী করতে এবং বৈশ্বিক বাণিজ্যে ভূমিকা জোরদার করার লক্ষ্যে চীনের সঙ্গে ৪ দশমিক ১ বিলিয়ন ডলারের একটি চুক্তি স্বাক্ষর করেছে কুয়েত। এই চুক্তির আওতায় দেশটিতে একটি বৃহৎ সমুদ
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