Kuwait starts privatization of its ports

(IraqiNews.com) The Kuwaiti Government decided to privatize the controversial port, Muabarak, and handed it to private sector instead of Governmental administration.

A ministerial source stated to the Kuwaiti newspaper, al-Qabis, on Tuesday ”The Kuwaiti Council of Ministers formed a committee chaired by the Minister of Works to follow up the project of Muabarak port and the Committee will assume supervising the project till it is accomplished within two years.”

”The Government has a serious desire to privatize all Kuwaiti ports to develop them and the privatization of Muabarak port is the beginning where other ports will be also be managed by private sector,” the source added.