Kuwait Real Estate News
Kuwait to implement low-budget houses towards the year end
About 35 companies in Kuwait have been considered eligible to compete for the tender to implement the low-budget Arabic houses project. The project is likely to commence by the end of the year, say sources.
The increasing number of applicants for the project is attributed to the fact that investment period of these houses has been increased to 40 rather than 20.
This also implies that a company that wins the tender will invest in the project for a long time, and make high profit.
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