Latest news with #PART
Zawya
a day ago
- Business
- Zawya
Kuwait builds massive rainwater reservoir to tackle climate change and urban growth
KUWAIT CITY - The Public Authority for Roads and Transportation (PART) is pressing ahead with one of its key infrastructure undertakings: the construction, completion, and maintenance of a main sewer and reservoir system to drain rainwater in the South Abdullah Al-Mubarak area. The project falls under the Ministry of Public Works' broader initiative to upgrade the national rainwater drainage system and strengthen water network capacity in response to expanding residential zones and the growing impacts of climate change. According to informed sources, the project had reached an actual completion rate of 65% by the end of June. The project commenced on January 5, 2025, with a contractual duration of 365 days. Completion remains on schedule, with final delivery anticipated by January 4, 2026 — approximately 160 days from now. Implemented under Contract No. (H T/291), the project marks a significant advancement in rainwater infrastructure development. It includes the construction of a major reservoir capable of holding around 53,000 cubic meters of water, a 92-meter-long sewer, and deep micro-tunneling works stretching 102 meters to avoid intersecting nearby oil pipelines. Additional components include the construction of a 1,230-meter-long reservoir, to be executed in six phases with section lengths ranging from 92 meters to 500 meters in the initial phase. A culvert with a capacity of 1,500 cubic meters will also be constructed, along with connections to two existing reservoirs to enhance overall drainage flow. Sources emphasized the project's vital role in supporting the state's strategy to mitigate flooding during seasonal rains and prevent water accumulation. Moreover, the development is expected to significantly enhance infrastructure efficiency and improve service quality and living standards in new residential districts.
Business Wire
27-06-2025
- Business
- Business Wire
Statement re Press Speculation
LONDON--(BUSINESS WIRE)-- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. Next 15 Group plc ("Next 15" or the "Group") Statement re Press Speculation The Board of Next 15, the tech and data-driven growth consultancy, notes the recent media speculation regarding a potential disposal of a selected number of its brands. As stated in the Group's reporting over the past year, Next 15 has sought to simplify and strengthen the business. The Group also continually appraises performance and actively considers options to accelerate value creation across the Group's business units as well as enhancing the delivery of the Group's commercial and strategic objectives. As such, the Group confirms it is in early-stage discussions regarding a potential sale of a selected number of its brands. The Board's primary focus is maximising shareholder value. At this time, there can be no certainty that any agreement will be reached, nor as to the terms of any such agreement, including if sufficient value is not realised. Further updates will be provided as appropriate. The person responsible for making this announcement on behalf of Next 15 is Mark Sanford, Company Secretary. Enquiries: Next 15 Group plc Mickey Kalifa, Chief Financial Officer +44 (0)7584 236 999 Deutsche Numis (Financial adviser, Nomad & Joint Broker) Mark Lander Hugo Rubinstein George De Felice + 44 (0)20 7260 1000 Berenberg (Joint Broker) Ben Wright Mark Whitmore +44 (0)20 3207 7800 Brunswick – for media enquiries Paul Durman Bridie Barrett Imran Jina MHP Group – for investor enquiries Oliver Hughes Eleni Menikou Veronica Farah +44 (0)7793 522824 +44 (0)7443 881428 +44 (0)7587 037076 +44 (0)7885 224532 +44 (0)7701 308818 Expand
Arab Times
09-02-2025
- Politics
- Arab Times
Municipal Council examines Railway Project's integration
KUWAIT CITY, Feb 9: The Municipal Council, in its session scheduled for Monday, will discuss the executive body's response to the question of member Alia Al-Farsi regarding the national railway network project called, 'Kuwait State Train'. The newspaper obtained a copy of the Kuwait Municipality's statement about the abovementioned question and acting Director General of the Municipality Manal Al- Asfour has approved the statement. According to the Municipality, the Public Authority for Roads and Transportation (PART), representing the Ministry of Public Works, prepared the project. It then indicated that its role in the project is to incorporate the railway right-of-way into the entire State plan and study the extent of its conflict with various land uses while confirming its coordination with PART and the Survey Department in this regard. On Al-Farsi's question about the recommendation of the fourth master plan with the project's stakeholders to establish a public transport authority in the future to be able to manage the project after its completion and apply the principle of governance, the Municipality confirmed that the railway project was taken into consideration in the master plan of the State. It elaborated that the suggestion to establish an authority to manage integrated transport operations was included in the report on the fourth master plan. The recommendation also stipulates the establishment of a public transport authority that has power over all passenger services operating in the country, including taxis. The Municipality added that the railway network project's routes are the same as those proposed by the Ministry of Public Works, while the locations of the railway stations have not been modified and no new station has been created. It pointed out that the presence of public transport stations creates a system for developing the surrounding area -- the Transit Oriented Development (TOD) system -- in the vicinity of the stations. By Inaas Awadh Al-Seyassah/Arab Times Staff
Zawya
30-01-2025
- Business
- Zawya
GCC railway project completion expected by end of 2030
Kuwait - A government report revealed that the Public Authority for Roads and Transportation (PART) has specified 11 goals for the economic feasibility of the Gulf Cooperation Council (GCC) railway project. These goals include the following: Develop trade and economic exchange between GCC countries in the field of land transportation for people and goods, Develop the local and Gulf economies, Open investment areas, Strengthen social ties between GCC countries, Reduce the cost of transporting goods and people, Reduce the cost of road maintenance and sustainability by limiting the movement of passenger and cargo transport vehicles, Reduce carbon emissions by trimming down the number of trucks for transporting goods, Prevent traffic accidents by reducing the number of passenger and cargo trips on the roads, Open labor markets and transportation services between GCC countries, Develop areas adjacent to the railway track, Generate job opportunities for citizens and achieve the goals of 2035 Kuwait Vision. The report explained that the tender for the study, detailed design and preparation of the railway tender documents, which a Turkish company recently won to implement at a cost of KD 2.4 million, will take 12 months and includes the first phase of the Kuwait section of the GCC railway project with a length of 111 kilometers out of 265 kilometers -- the total length of the project in Kuwait, which will be offered at a later stage. It pointed out that the total length of 265 kilometers was divided into two — 111 kilometers for the first phase and 153 kilometers for the second phase — to avoid delays in offering and implementing the project. This is part of the commitment to move forward in parallel with the project schedule within the GCC countries, which is expected to be completed in late 2030. It disclosed that the first phase starts from Nuwaiseeb and ends in Shaddadiya, southwest of the new Kuwait airport. It will consist of four stations, the first of which is the main station for passengers. Approval has been obtained from the Municipal Council to allocate the site. Second is the maintenance station for passenger trains, third is for the maintenance of freight cars, and fourth is a dry port for loading and financing. It stated that the second phase of the project, which is included in the plan of PART, consists of the railway line reaching Mubarak Port on Bubiyan Island, to complete the length of 265 kilometers in Kuwait; in addition to future tracks linking Shuaiba and Shuwaikh ports. It added that if an agreement is reached with the northern countries, there will be a link between Abdally and Umm Qasr Port in Iraq. It said the project's path will start from Kuwait in the North to Muscat in the Sultanate of Oman in the South, with a length of 2,177 kilometers, passing through all the Gulf countries as per the specified lengths for their territories.
Arab Times
29-01-2025
- Business
- Arab Times
GCC railway project to bear fruition by end of year 2030
KUWAIT CITY, Jan 29: A government report revealed that the Public Authority for Roads and Transportation (PART) has specified 11 goals for the economic feasibility of the Gulf Cooperation Council (GCC) railway project. These goals include the following: Develop trade and economic exchange between GCC countries in the field of land transportation for people and goods, Develop the local and Gulf economies, Open investment areas, Strengthen social ties between GCC countries, Reduce the cost of transporting goods and people, Reduce the cost of road maintenance and sustainability by limiting the movement of passenger and cargo transport vehicles, Reduce carbon emissions by trimming down the number of trucks for transporting goods, Prevent traffic accidents by reducing the number of passenger and cargo trips on the roads, Open labor markets and transportation services between GCC countries, Develop areas adjacent to the railway track, Generate job opportunities for citizens and achieve the goals of 2035 Kuwait Vision. The report explained that the tender for the study, detailed design and preparation of the railway tender documents, which a Turkish company recently won to implement at a cost of KD 2.4 million, will take 12 months and includes the first phase of the Kuwait section of the GCC railway project with a length of 111 kilometers out of 265 kilometers -- the total length of the project in Kuwait, which will be offered at a later stage. It pointed out that the total length of 265 kilometers was divided into two — 111 kilometers for the first phase and 153 kilometers for the second phase — to avoid delays in offering and implementing the project. This is part of the commitment to move forward in parallel with the project schedule within the GCC countries, which is expected to be completed in late 2030. It disclosed that the first phase starts from Nuwaiseeb and ends in Shaddadiya, southwest of the new Kuwait airport. It will consist of four stations, the first of which is the main station for passengers. Approval has been obtained from the Municipal Council to allocate the site. Second is the maintenance station for passenger trains, third is for the maintenance of freight cars, and fourth is a dry port for loading and financing. It stated that the second phase of the project, which is included in the plan of PART, consists of the railway line reaching Mubarak Port on Bubiyan Island, to complete the length of 265 kilometers in Kuwait; in addition to future tracks linking Shuaiba and Shuwaikh ports. It added that if an agreement is reached with the northern countries, there will be a link between Abdally and Umm Qasr Port in Iraq. It said the project's path will start from Kuwait in the North to Muscat in the Sultanate of Oman in the South, with a length of 2,177 kilometers, passing through all the Gulf countries as per the specified lengths for their territories. Al-Seyassah/Arab Times Staff
