«Commerce»: Amendment of rules for distributing subsidized and discounted construction materials and their disbursement to beneficiaries in a single transaction - Sarmad

(KUNA) – The Ministry of Commerce and Industry issued a decision on Wednesday amending certain provisions of Ministerial Decision No. (222) of 2024 concerning the regulatory rules for the disbursement of subsidized and discounted construction materials, including the controls on material disbursement to beneficiaries and the procedures for demolishing and rebuilding residences.

In a statement to the Kuwait News Agency (KUNA), the ministry said that Ministerial Decision No. (166) of 2026 stipulated that the concerned party must have obtained a loan from the Kuwait Credit Bank, whether for construction, renovation and expansion, purchase, or demolition and rebuilding. Materials will be disbursed to the beneficiary only once, with eligibility determined according to their civil ID number, and disbursement will be linked to this number.

It added that the amendment also addressed the case of a beneficiary who owns a house and wishes to demolish and rebuild it. In such cases, it is required that the beneficiary has obtained a demolition and rebuilding loan from the Kuwait Credit Bank and submitted the demolition permit and the new construction permit through the electronic system.

The ministry clarified that the amendment also requires submitting a letter from the Kuwait Credit Bank specifying the amount reserved for demolition and rebuilding. The quantity will be determined according to the table outlined in Item One of Article Two, taking into account the deduction of quantities previously disbursed to the beneficiary.

It noted that the Ministerial Decision abolished Item (7) of Article Four of Ministerial Decision No. (222) of 2024, which concerned procedures for the exchange of residential plots, including the inspection of plots, verification of construction status, and registration of materials disbursed without justification, as well as the adoption of a mutual transfer form for materials.

The ministry stated that the decision also abolished all provisions conflicting with its terms. Competent authorities are required to implement the decision within their respective jurisdictions, effective from August 17, 2026, and it will be published in the Official Gazette.