Core Viewpoint - Kuwait has signed a $4.1 billion agreement with Chinese companies to construct a major port, aiming to enhance its role in global trade and diversify its economy [1][2]. Group 1: Project Details - The project involves a Design-Build-Procure (EPC) contract for the Mubarak Al-Kabeer Port, costing approximately 1.28 billion Kuwaiti Dinars (around $4.164 billion) [2][5]. - The signing ceremony for the EPC contract took place on Bubiyan Island, attended by Kuwait's Prime Minister Ahmad [2][5]. Group 2: Economic Implications - The project is expected to increase Kuwait's share in regional and international trade and global supply chains [6]. - Kuwait, rich in oil resources, is seeking to play a larger role in global trade to promote economic diversification [2][5]. Group 3: Bilateral Relations - The signing of this project is considered a milestone in the high-quality cooperation between China and Kuwait under the Belt and Road Initiative [6][7]. - China has consistently emphasized the importance of the Middle East in advancing the Belt and Road Initiative [3][7].
签约重大项目，中国使馆发声
Xin Lang Cai Jing·2025-12-25 13:20