Latest news with #AbdulLatifAl-Mishari
Arab Times
3 days ago
- Business
- Arab Times
Rents drain KD450m from Kuwait budget
KUWAIT CITY, Aug 9: Housing activists, who met with Minister of State for Municipal and Housing Affairs Abdul Latif Al-Mishari on Thursday, described the meeting as 'frank and transparent'. Sources revealed that during the meeting, which lasted for more than two hours, the housing activists discussed the biggest challenges the housing sector is currently facing; as well as ways to develop policies and mechanisms related to housing care, land allocation and real estate development projects. Meanwhile Al- Mishari pointed out at the meeting that 'scarcity remains one of the biggest obstacles to solving the housing problem.' He said the number of farms in the country has increased fivefold since the beginning of the millennium and has become a burden on the land portfolio, especially since many of them have been transformed into resorts and concrete buildings rented for recreational purposes without any real agricultural return. He stated that the country is on the cusp of a major housing boom aimed at completing 170,000 housing units over the next 10 years in new cities; such as Al-Sabriya, Al-Khiran and Nawaf Al- Ahmad. In the same context, housing activist Mohammad Al-Nasafi disclosed in a press statement after the meeting that the value of tenders supervised by the Housing Ministry is estimated at KD2.75 billion; exceeding what the Ministry of Public Works oversees -- a reflection of the magnitude of the challenge and the responsibility it bears. Al-Nasafi expects Chinese companies to play a vital role in building major residential cities in the coming period, as part of accelerating the pace of construction and easing pressure on waiting lists. He added that rental allowances drain around KD 450 million annually from the State budget, while suggesting the construction of multi-story residential buildings as one of the solutions. He explained that the strategy aims to stop this waste and achieve faster stability for eligible citizens.
Kuwait Times
09-07-2025
- Business
- Kuwait Times
PAHW signs investment contract for commercial complex and health club
Minister of State for Municipal Affairs and Minister of State for Housing Affairs, Eng. Abdul Latif Al-Mishari is pictured with other officials during the signing of the contract for the Qairawan area.- KUNA KUWAIT: The Public Authority for Housing Welfare (PAHW) signed on Wednesday the investment opportunity contract (Q1) for the development of a commercial complex and a health club in the Al-Qairawan area, covering an area of approximately 12,500 square meters. The signing ceremony was attended by Minister of State for Municipal Affairs and Minister of State for Housing Affairs Abdullatif Al-Meshari, alongside senior officials from PAHW. Minister Al-Meshari stated in a press release following the signing that the project reflects PAHW's strategic efforts to boost private sector participation in developing service projects. He emphasized the authority's keenness to strengthen partnerships with the private sector to achieve sustainable urban development in line with the state's directives, while diversifying PAHW's revenue sources. Acting Deputy Director General for Investment Affairs and Private Sector Projects at PAHW, Anwar Al-Hulaila, said the project comprises three key components: a commercial complex, a health club, and parking facilities. He added that the commercial complex will cover approximately 4,900 square meters, the health club about 2,000 square meters, and parking spaces will occupy 5,600 square meters distributed between the two sites. Al-Hulaila noted that the project's expected revenues are estimated at around KD 12.3 million (approximately $40.5 million) over a 20-year investment period. He reaffirmed PAHW's commitment to providing high-quality services that meet citizens' aspirations and improve the quality of life within residential communities. — KUNA
Arab Times
27-02-2025
- Politics
- Arab Times
Illegal Camps Face Removal as Minister Conducts Field Inspection
KUWAIT CITY, Feb 27: Minister of State for Municipal Affairs, Abdul Latif Al-Mishari, conducted a field inspection on Wednesday to review areas in the southern region of the country where quarter camps are prohibited. During the tour, authorities recorded eight violations against a street vendor (butcher), removed seven mobile food trucks, and issued 20 warnings for the removal of unauthorized camps. Meanwhile, Kuwait Municipality has announced that the official camping season will end on March 15 and is urging camp owners to voluntarily remove their camps before this deadline. In line with this, the Spring Camps Committee will meet next Sunday to discuss field teams' preparations for removing camps that fail to comply with the deadline. Authorities emphasized that camping will not be permitted in the desert after March 15, 2024. Camp owners are also required to clean their sites and adhere to regulations to avoid legal consequences. Additionally, the municipality stated that obtaining approval from the Environment Public Authority—confirming that the site is clean and free from environmental damage—is a mandatory requirement for recovering the insurance deposit of 100 Kuwaiti dinars. Camp owners must submit a request to the municipality for reimbursement. The Public Relations Department of Kuwait Municipality has launched an awareness campaign through various media and social media platforms, reminding camp license holders of their responsibility to dismantle their camps at their own expense and clean the site to avoid penalties or violations.
