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Housing Authority Qualifies 22 Alliances, Including 41 Companies, for Real Estate Developer Projects

Housing Authority Qualifies 22 Alliances, Including 41 Companies, for Real Estate Developer Projects
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Abdullah Al-Rakan: The Public Authority for Housing Affairs (PAHA) announced the qualification of 22 consortia, comprising 41 Kuwaiti and international companies, to participate in the next phase of procedures for the te

Translated by Qiyas from الأنباء — Original source

Abdullah Al-Rakan: The Public Authority for Housing Affairs (PAHA) announced the qualification of 22 consortia, comprising 41 Kuwaiti and international companies, to participate in the next phase of procedures for the tendering of three housing projects under the “Real Estate Developer” project. This move aims to enhance partnerships with the private sector and accelerate the pace of implementing integrated housing projects across the country.

In a press statement, Eng. Ahmed Al-Ansari, Acting Deputy Managing Director for Investment and Private Sector Projects at PAHA, said that the qualification of these consortia is in implementation of the Cabinet’s directives, aimed at speeding up the execution procedures of housing projects and strengthening partnerships with the private sector within the established legal and technical frameworks.

Al-Ansari added that this step contributes to the development of integrated housing projects that meet citizens’ needs and align with the state’s objectives in urban development.

He clarified that the qualified consortia met the necessary technical and financial requirements in accordance with the provisions of Law No. (118) of 2023 and its amendments, which regulate public-private partnerships in the implementation of housing projects.

He noted that the qualification results led to the qualification of six consortia for the Matla’ City project (M-3), eight consortia for the East Saad Al-Abdullah City project (ESA-1), and eight others for the West Saad Al-Abdullah City and the Service Axis in Jabir Al-Ahmad City (WSA-1 + J-1).

He pointed out that the qualified consortia include 27 Kuwaiti companies and 14 international companies, reflecting the level of interest from local and global firms in participating in the housing and development projects implemented by PAHA, and underscoring the seriousness of the private sector in contributing to the execution of high-quality projects in the country.

He affirmed PAHA’s commitment to applying the highest standards of transparency, efficiency, and competitiveness throughout all stages of project tendering and implementation, ensuring the selection of the best consortia capable of executing high-quality projects and delivering optimal value to the state and citizens.

Al-Ansari emphasized that the qualification phase represents a key milestone in completing the procedures for tendering the three projects, paving the way for transitioning to subsequent phases in accordance with the highest technical and financial standards, ultimately leading to the implementation of integrated housing projects that enhance the quality of life and promote sustainable urban development.

He stressed that these efforts are part of PAHA’s strategy to activate public-private partnerships and leverage local and international expertise and competencies in implementing housing projects, thereby supporting the provision of housing care for citizens in line with best practices and standards.

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