Group 1 - The Mubarak Port project is a significant cooperation project under the Belt and Road Initiative in the Middle East, contracted by China Communications Construction Company (CCCC) [1] - The project is expected to enhance Kuwait's trade connectivity and expand its maritime trade capabilities, supporting long-term economic growth [1] - The contract duration for the project is 60 months, with a design survey contract signed earlier this year [1] Group 2 - The Mubarak Port is a strategic pillar for Kuwait's economic development, aimed at increasing its share in regional and international trade and global supply chains [2] - The project is crucial for achieving Kuwait's "Vision 2035," promoting economic diversification, increasing national income, creating high-quality job opportunities, and enhancing the potential of related services, logistics, and commercial sectors [2] - CCCC plans to incorporate advanced technology and experience into the project, making it a model of China-Kuwait cooperation [2] - The project will significantly improve Kuwait's port throughput capacity and logistics efficiency, promoting the simultaneous development of port economy, shipping services, and warehousing processing industries [2]
科威特与中企签港口建设大单,科威特首相:科中战略伙伴关系正不断转化为具体成果