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Arab Times
04-05-2025
- Business
- Arab Times
Kuwait-China to push forward ‘Port' project
KUWAIT CITY, May 4: Kuwait and China are willing to push forward the implementation of the strategic project of Mubarak Al-Kabeer Port on Boubyan Island in north Kuwait, only out of belief in its paramount significance as a regional trade hub and its vital role in comprehensive development. This shared desire was obviously shown following the signing of the project contract in March, with both Kuwaiti and Chinese sides having voiced unwavering determination to further develop bilateral cooperation and speed up the implementation. The recently wrapped up fifth round of Kuwaiti-Sino political consultations culminated in expanding channels of dialogue to broaden the existing consensus to new horizons in the coming period. During the consultations, both sides weighed the implementation of agreements and memos of understanding signed by the Kuwaiti and Chinese governments, particularly the execution of mega development projects, mainly Mubarak Al-Kabeer Port. In this context, Chinese Ambassador in Kuwait Zhang Jianwei said his country is working with the Kuwaiti side to push forward the implementation of the port project, which he commended as a huge and strategic project for Kuwait and a very significant venture for Kuwaiti-Sino cooperation. The Chinese diplomat made the press statement on the sidelines of the recent celebration of the World Chinese Language Day. Zhang spoke highly of the latest inspection tour by Chinese Vice Minister of Transport Fu Xueyin of the port project site as a very important step towards the completion of the joint venture. He pointed out the agreement reached during a meeting held between Kuwaiti Minister of Public Works Dr. Noura Al- Mashaan and the Chinese delegation on advancing the Mubarak Al-Kabeer Port. On several occasions, the Kuwaiti government underlined that it gives top priority to the port project just as part of the Gulf country's comprehensive and integrated development vision chiefly purposed to diversify income sources, boost its gross domestic product and regain its pivotal trade, financial and regional role. This commitment was unequivocally reflected by a package of intensive moves and consultations that resulted in the signing of a contract with China State Construction and Transport Limited for study, design, and pre-implementation services to complete Mubarak Al-Kabeer Port, in February 2025. Following the signing of the deal with the Chinese government company, Kuwaiti Minister of Public Works Dr. Noura Al- Mashaan said the completion of the joint venture is deemed top priority for the country's political leadership. She stressed that the project comes under the direction of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and is primarily supported by His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah and His Highness the Prime Minister Sheikh Ahmad Abdullah Al- Ahmad Al-Sabah. (KUNA)
Arab Times
04-05-2025
- Business
- Arab Times
Kuwait and China resolve to fast-track Mubarak Al-Kabeer Port project
KUWAIT CITY, May 5: Kuwait and China have reaffirmed their commitment to accelerating the implementation of the strategic Mubarak Al-Kabeer Port project on Boubyan Island in northern Kuwait, emphasizing its importance as a regional trade hub and a key driver of comprehensive development. This shared commitment was clearly demonstrated following the signing of the project contract in March, with both nations expressing firm determination to enhance bilateral cooperation and fast-track the port's execution. The recently concluded fifth round of political consultations between Kuwait and China resulted in expanded channels of dialogue, aimed at broadening consensus and advancing shared goals. Discussions focused on reviewing the status of bilateral agreements and memoranda of understanding, especially those related to major development projects — foremost among them, the Mubarak Al-Kabeer Port. Chinese Ambassador to Kuwait Zhang Jianwei stated that China is actively working with Kuwait to push forward the port's development, describing the project as a significant initiative for both Kuwait's strategic infrastructure and Sino-Kuwaiti cooperation. His comments came during celebrations marking World Chinese Language Day. Ambassador Zhang also praised the recent inspection visit to the project site by Chinese Vice Minister of Transport Fu Xueyin, calling it a vital step in ensuring the project's continuity. He highlighted the outcomes of a meeting between Kuwait's Minister of Public Works, Dr. Noura Al-Mashaan, and the Chinese delegation, during which both sides agreed to expedite the project's implementation. The Kuwaiti government has repeatedly underscored the strategic priority it places on the Mubarak Al-Kabeer Port, viewing it as integral to Kuwait's national development plan, which aims to diversify the economy, boost GDP, and restore the country's regional economic prominence. This commitment materialized through intensive consultations and efforts that led to the signing of a contract in February 2025 with China State Construction and Transport Limited. The contract covers study, design, and pre-implementation services required to advance the project. Following the agreement, Minister Al-Mashaan affirmed that completing the port is a top priority for Kuwait's political leadership, under the guidance of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, with strong support from His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah and His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah. The minister noted the growing effectiveness of strategic communication between Kuwait and China, stressing the importance of strengthening and sustaining practical cooperation. Since the signing of the project contract in March, Kuwaiti and Chinese officials have conducted multiple inspection tours of the site to monitor progress and accelerate construction efforts. The Mubarak Al-Kabeer Port is a cornerstone of Kuwait's long-term development vision to establish the nation as a regional and global hub for trade and economic activity. In January 2025, the Kuwaiti Cabinet approved the selection of China State Construction and Transport Limited to implement, manage, and operate the port through all phases. This decision followed the issuance of Decree-Law No. 155 of 2024, endorsing the memorandum of understanding (MoU) between Kuwait and China on port development cooperation. The MoU aims to establish the port as a new focal point for East-West trade and reflects the broader development partnership between Kuwait and China, in alignment with the Belt and Road Initiative.
Kuwait News Agency
04-05-2025
- Business
- Kuwait News Agency
Mubarak Al-Kabeer Port... Kuwaiti-Sino resolve to fast-track project
News report KUWAIT, May 4 (KUNA) -- Kuwait and China are willing to push forward the implementation of the strategic project of Mubarak Al-Kabeer Port on Boubyan Island in north Kuwait, only out of belief in its paramount significance as a regional trade hub and its vital role in comprehensive development. This shared desire was obviously shown following the signing of the project contract in March, with both Kuwaiti and Chinese sides having voiced unwavering determination to further develop bilateral cooperation and speed up the implementation. The recently wrapped up fifth round of Kuwaiti-Sino political consultations culminated in expanding channels of dialogue to broaden existing consensus to new horizons in the coming period. During the consultations, both sides weighed the implementation of agreements and memos of understanding signed by the Kuwaiti and Chinese governments, particularly the execution of mega development projects, mainly Mubarak Al-Kabeer Port. In this context, Chinese Ambassador in Kuwait Zhang Jianwei said his country is working with the Kuwaiti side to push forward the implementation of the port project, which he commended as a huge and strategic project for Kuwait and a very significant venture for Kuwaiti-Sino cooperation. The Chinese diplomat made the press statement on the sidelines of the recent celebration of the World Chinese Language Day. Zhang spoke highly of the latest inspection tour by Chinese Vice Minister of Transport Fu Xueyin of the port project site as a very important step towards the completion of the joint venture. He pointed out the agreement reached during a meeting held between Kuwaiti Minister of Public Works Dr. Noura Al-Mashaan and the Chinese delegation on advancing the Mubarak Al-Kabeer Port. On several occasions, the Kuwaiti government underlined that it gives top priority to the port project just as part of the Gulf country's comprehensive and integrated development vision chiefly purposed to diversify income sources, boost its gross domestic product and regain its pivotal trade, financial and regional role. This commitment was unequivocally reflected by a package of intensive moves and consultations that resulted in the signing of a contract with China State Construction and Transport Limited for study, design, and pre-implementation services to complete Mubarak Al-Kabeer Port, in February 2025. Following the signing of the deal with the Chinese government company, Kuwaiti Minister of Public Works Dr. Noura Al-Mashaan said the completion of the joint venture is deemed top priority for the country's political leadership. She stressed that the project comes under the direction of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and is primarily supported by His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah and His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah. The minister noted that the Kuwaiti-Chine communication and consultation methodology has become so effective and significant, pointing out the paramount significance of advancing and maintaining practical cooperation between both countries. With the signing of the project contract in March, Kuwaiti and Chinese officials made inspection tours of the port site with a view to following up on works and speeding up the implementation process. The Mubarak Al-Kabeer project comes within the framework of Kuwait's development vision to transform the country into a regional and international hub for commerce and economy. In January 2025, the Kuwaiti Cabinet approved the China State Construction and Transport Limited's bid to implement, manage and operate the project with all its stages. The agreement followed Decree-Law No. 155 of 2024, which approved the memorandum of understanding (MoU) between Kuwait and China on cooperation in the port's development, aiming at establishing a new hub for East-West trade, thus reflecting Kuwaiti-Chinese development just as part of the "Belt and Road" initiative. The Kuwaiti-Chinese strategic partnership, which was established in 2018, marks a crucial reflection of willingness to broaden economic and trade cooperation, particularly regarding mega projects, in order to serve Kuwait's 2025 development vision. (end)
Zawya
22-04-2025
- Business
- Zawya
China powers up Kuwait's mega port vision
KUWAIT CITY - Chinese Ambassador to Kuwait Zhang Jianwei praised the visit of the Chinese delegation, headed by Chinese Vice Minister of Transport Fu Xueyin, to Mubarak Al-Kabeer Port on Bubiyan Island in North Kuwait last week. The delegation, accompanied by Minister of Public Works Noura Al- Mashaan and Assistant Foreign Minister for Asian Affairs Ambassador Samih Hayat, described the visit as an important step toward implementing the agreements reached during the visit of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to China in September 2023. In a press statement on the sidelines of the celebration of World Chinese Language Day, Jianwei disclosed that the Ministry of Transport and Communications is responsible for implementing the memoranda of understanding regarding Mubarak Port. He affirmed this is a massive and strategic project for Kuwait, and a very important project for Chinese- Kuwaiti cooperation. He stated 'we are currently working with the Kuwaiti side to accelerate the pace of work to push the Mubarak Al-Kabeer Port project to a new and advanced stage. The inspection tour conducted by the Vice Minister of Transport is a very important step towards the continuity of the project.' He added that Al-Mashaan met with the Chinese delegation to advance this project smoothly. 'The two sides reached an agreement to accelerate the pace of work,' he reiterated. He said the Chinese company has entered Mubarak Port to begin marine survey work, indicating that the arrival of the Chinese delegation in Kuwait reflects the commitment of the Chinese side to cooperate with Kuwait. On the timeframe for the completion of the project, he explained that the project is huge; hence, it requires a long time and several stages. 'Through intensive coordination between the two sides, we are confident that this project will be completed as per the desire of both sides,' he stressed. He also praised the relationship between the two countries, which is at its best, having witnessed numerous achievements through their concerted efforts. He expressed optimism about the future of such cooperation. On the impact of US tariffs (the 'trade war') on the global economy, he said the actions of US President Donald Trump are causing chaos throughout the world. These actions contradict the free trade system. He affirmed that the Chinese side does not want escalation or a trade war with the US. 'If the US wants to negotiate, we welcome such negotiations, and if they want to continue a trade war, we are also prepared,' he asserted. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. ( arabtimes
Arab Times
21-04-2025
- Business
- Arab Times
China powers up Kuwait's mega port vision
KUWAIT CITY, April 21: Chinese Ambassador to Kuwait Zhang Jianwei praised the visit of the Chinese delegation, headed by Chinese Vice Minister of Transport Fu Xueyin, to Mubarak Al-Kabeer Port on Bubiyan Island in North Kuwait last week. The delegation, accompanied by Minister of Public Works Noura Al- Mashaan and Assistant Foreign Minister for Asian Affairs Ambassador Samih Hayat, described the visit as an important step toward implementing the agreements reached during the visit of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to China in September 2023. In a press statement on the sidelines of the celebration of World Chinese Language Day, Jianwei disclosed that the Ministry of Transport and Communications is responsible for implementing the memoranda of understanding regarding Mubarak Port. He affirmed this is a massive and strategic project for Kuwait, and a very important project for Chinese- Kuwaiti cooperation. He stated 'we are currently working with the Kuwaiti side to accelerate the pace of work to push the Mubarak Al-Kabeer Port project to a new and advanced stage. The inspection tour conducted by the Vice Minister of Transport is a very important step towards the continuity of the project.' He added that Al-Mashaan met with the Chinese delegation to advance this project smoothly. 'The two sides reached an agreement to accelerate the pace of work,' he reiterated. He said the Chinese company has entered Mubarak Port to begin marine survey work, indicating that the arrival of the Chinese delegation in Kuwait reflects the commitment of the Chinese side to cooperate with Kuwait. On the timeframe for the completion of the project, he explained that the project is huge; hence, it requires a long time and several stages. 'Through intensive coordination between the two sides, we are confident that this project will be completed as per the desire of both sides,' he stressed. He also praised the relationship between the two countries, which is at its best, having witnessed numerous achievements through their concerted efforts. He expressed optimism about the future of such cooperation. On the impact of US tariffs (the 'trade war') on the global economy, he said the actions of US President Donald Trump are causing chaos throughout the world. These actions contradict the free trade system. He affirmed that the Chinese side does not want escalation or a trade war with the US. 'If the US wants to negotiate, we welcome such negotiations, and if they want to continue a trade war, we are also prepared,' he asserted.
