MP Saleh Ashour Bombarded Finance Minister With Questions On Metro And Railway Projects
Category: Kuwait
mp-saleh-ashour-bombarded-finance-minister-with-questions-on-metro-and-railway-projects_kuwait
Immigrate to Canada or Australia
Study In Abroad

MP Saleh Ashour has bombarded Finance Minister Anas Saleh with 58 questions on the metro and railway projects. This came a day after Ashour protested against pulling out the metro project from the Ministry of Communications to be under the Public and Private Sectors Partnership Authority. He argued the metro and railway projects will not see the light if they are left in the hands of the private sector.

Ashour said the head of the Technical Agency for Initiatives or Partnership Authority had earlier asked the government to grant the following privileges to the investor:

■ Government grant amounting to KD 1.5 billion for the first phase of the metro project and KD 453 million for the railway project, around 40 percent of the total cost of each project.

■ Guarantee for loans, about 50 percent of the amount borrowed for each project.

■ Annual payment for the investor amounting to KD 529 million for the first phase of the metro project and KD 120 million for the first phase of the railway project.

■ The government shall bear the risks estimated at KD 617 million for the first phase of the metro project and KD 405 million for the railway. The lawmaker wants to know if the government has agreed on these privileges for the investor, reasons behind preparations to launch the partnership for the implementation of both projects considering the government had earlier agreed on the BOT system, feasibility studies on these projects, ability of the private sector to complete metro lines within six years and the railway within four years, and actual cost of the projects with the participation of the private sector..

 

SOURCE : ARABTIMES

08 Apr, 2016 0 1192
Posted Comments
Popular News
moving-out-of-country-without-paying-bank-loan_kuwait
Moving Out Of Country Without Paying Bank Loan I am requesting an expert opinion on the following matter. I am working in a private company and this is my second company where I had completed almost six years. Currently my residence is on my co... October 19, 2019 0 10461 Category: Legal
unpaid-fines-stop-people-leaving-country-including-kuwaitis_kuwait
Unpaid Fines Stop People Leaving Country Including Kuwaitis The traffic director of the Eastern Province in Saudi Arabia, Colonel Engineer Ali Al- Zahrani, has announced all vehicles bearing Gulf plate numbers (including Kuwaiti) will not be allowed to exit th... October 17, 2019 0 1439 Category: Kuwait
medical-test-reports-directly-sent-to-immigration-department_kuwait
Medical Test Reports Directly Sent To Immigration Department My wife did medical test yesterday in Um Al-Haymen and blood test at Fahaheel. How do I check the medical report after completing blood and x-ray tests? How do I know whether my wife is fit or unfit? ... October 18, 2019 0 912 Category: Legal
new-comer-to-kuwait-want-to-resign-before-3-years-of-service_kuwait
New Comer To Kuwait Want To Resign Before 3 Years Of Service I have spent 6 months with my employer. If I want to resign I will give 3 months notice period so it will be nine months. After that do I still have to pay 3 months salary and amount of money spent on... October 17, 2019 0 891 Category: Legal
moh-announced-that-a-fee-of-two-dinars-will-be-charged-for-private-sick-leaves_kuwait
MOH Announced That A Fee Of Two Dinars Will Be Charged For ‘private’ Sick Leaves Ministry of Health announced that a fee of two dinars will be charged before its Medical Licenses Department endorses sick leaves issued by the private medical establishments, reports Al-Jarida daily.... October 18, 2019 0 675 Category: Kuwait
moh-requested-to-csc-to-exempt-nurses-from-employment-requirements_kuwait
MoH Requested To CSC To Exempt Nurses From Employment Requirements Ministry of Health has requested Civil Service Commission (CSC) to exempt nurses from employment requirements, reports Al-Qabas daily. In a letter sent to CSC, the ministry said it is in the proces... October 15, 2019 0 604 Category: Kuwait
citizens-surprised-by-new-procedures-for-domestic-workers_kuwait
Citizens Surprised By New Procedures For Domestic Workers The service centers have asked Kuwaitis who stamp new residence permits for their domestic workers or renew residence permits for certain communities who leave Kuwait and return, to translate the crim... October 17, 2019 0 429 Category: Kuwait
proceeds-of-health-fees-levied-on-expats-dropping_kuwait
Proceeds Of Health Fees Levied On Expats Dropping Proceeds generated by fees levied on expatriates who get treatment in public hospitals and health centres have dropped by KD9 milion to KD20 million only last year. In 2017-2018, health fees levied... October 15, 2019 0 400 Category: Expats
demand-to-deport-a-young-kuwaiti-man-from-britain-in-attempt-to-kill-two-people_kuwait
Demand To Deport A Young Kuwaiti Man From Britain In Attempt To Kill Two People British media reported on Thursday a case in which there was a demand to deport a Kuwaiti young man named HH after he was released from prison as he had run over two young Britons. The 40 year old ... October 18, 2019 0 394 Category: Crime News
100-fills-of-fake-coins-worth-kd-2000-confiscated-at-kia_kuwait
100 Fills Of Fake Coins Worth KD 2000 Confiscated At KIA An attempt to smuggle in counterfeit 100 fills coin worth KD 2000 into Kuwait through cargo coming in from and Asian country was foiled at Kuwait International Airport. The Director General of the ... October 18, 2019 0 351 Category: Crime News
View All
Popular Offers
carrefour-part-3-anniversary-offers in kuwait
Carrefour Part 3 Ann...
grand-hyper-amazing-one-day-promotion in kuwait
Grand Hyper Amazing ...
crazy-figures-are-back in kuwait
Crazy Figures Are Ba...
lulu-hypermarket-offers in kuwait
Lulu Hypermarket Off...
costo-supermarket-maga-promotions in kuwait
Costo Supermarket Ma...
Popular Events
08 Nov, 2019
0
141
Category : Entertainment
22 Nov, 2019
0
127
Category : Entertainment
08 Nov, 2019
0
112
Category : Food & Drink
02 Nov, 2019
0
102
Category : Food & Drink
08 Nov, 2019
0
85
Category : Other
Kuwait Local News
Kuwait News
Crime News New Rules Entertainment
Entertainment