Arab Today, arab today kuwait bahrain initial accord for273 million projects
Last Updated : GMT 00:23:52
Arab Today, arab today
Arab Today, arab today

Kuwait, Bahrain initial accord for $ 273 million projects

Arab Today, arab today

Arab Today, arab today Kuwait, Bahrain initial accord for $ 273 million projects

Manama - KUNA

The Kuwait Fund for Arab Economic Development (KFAED) and the Bahraini government initialed here on Thursday an agreement for upgrading the latter\'s power network and establishing a special center for special needs cases at an overall cost of USD 273 million. Nawaf Al-Mehmel, KFAED\'s legal advisor and the head of a fund delegation, said in a statement to Kuwait News Agency (KUNA), following the signing ceremony, that the accord was aimed at boosting power of the electrical network by 400 kilo-watts. The project, including installment of land and marine cables and construction of three relay stations in various regions, is designed to minimize recurring outages and facilitate linkup of the local network with the GCC grid, said Al-Mehmel. Cost of updating the Bahraini power installations is estimated at USD 800 million, with contributions from the other GCC countries. Kuwait is paying USD 250 million. Its execution is forecast to finish in three years. Regarding the other venture, Al-Mehmel said an integrated complex would be built for the handicapped, at a cost of USD 23 million. It will encompass wards for medical care, habilitation, physical and psychological therapy. Kuwait will cover the whole expenses of this project, execution of which is expected to conclude in two years. The GCC Ministerial Council, at a meeting held last March, adopted allocation of USD 20 billion; USD 10 billion for Bahrain and the equivalent sum for Oman, to help these two GCC member states carry out development schemes. The GCC, founded in the early 80s for closer coordination and integration among the regional countries, comprises Kuwait, the UAE, Oman, Bahrain, Qatar and Saudi Arabia.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait bahrain initial accord for273 million projects Arab Today, arab today kuwait bahrain initial accord for273 million projects

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Wadih al-Azzazi calls for activating news coverage

GMT 19:29 2017 Thursday ,30 March

Wadih al-Azzazi calls for activating news coverage
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday