π Tender Overview
Scope of Work:
Development of South Saad Al Abdullah Town Residential Project.
Description:
The South Saad Al Abdullah housing project costs a total of KD2.1 billion ($6.8 billion) which will be phased over the coming state budgets according to the construction stages of the project. The project is slated for completion by the fourth quarter of 2027. Spanning an area of 64 sq km, this project includes over 20,000 residential units and supporting facilities, meeting the housing needs of more than 150,000 people.
The list of commercial bidders included China Gezhouba Group Company joint venture with United Gulf Construction Co. (345.23 million Kuwaiti dinars); Makyol Δ°nΕaat Sanayi Turizm ve Ticaret (KWD428 million), Alghanim International General Trading & Contracting (KWD389 million), China First Highway Engineering Co. (KWD418 million), Limak Insaat Sanayi Ve Tikaret Anonim Sirketi (KWD430 million), Sinohydro Corporation (KWD412 million), Arab Contractors Construction Company - Osman Ahmed Osman & Co (KWD482 million), and Metallurgical Corporation of China (KWD419 million). KCC Engineering & Contracting Company and Kolin Insaat Turizm Sanayi Ve Ticaret didnβt submit commercial bids.
The project management and supervision consultancy contract for main road, infrastructure and utility works is contract is expected to be awarded by September 2023. The tender was issued on 6 April 2023 to the qualified bidders and the bid submission is scheduled on 12 July 2023.
Previous Events:
April 2022- Kuwait has approved the funding for the development of a key residential project, South Saad Al Abdullah Town.
December 2023- Construction commenced for The South Saad Al-Abdullah housing project.
July 2023 - Kuwaitβs PAHW expected to award EPC contracts for residential city by mid of August 2023.
The tender was issued on 28 February 2023 to qualified bidders. The bid submission deadline was twice extended from 4 May to 8 June and later to 21 June 2023.
