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Home» Real Estate»Kuwait’s KIPCO says building starts at $2.0-$2.5 bln real estate project

Kuwait’s KIPCO says building starts at $2.0-$2.5 bln real estate project

Saheli 25 Sep 2016 Real Estate Comments Off on Kuwait’s KIPCO says building starts at $2.0-$2.5 bln real estate project 229 Views

Kuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2 billion to $2.5 billion real estate project in Kuwait.

Banks will provide financing for half of the project, with KIPCO funding the remainder directly, said Tawfiq al-Jarrah, executive director of Hessah Al Mubarak Real Estate Development.

Kuwait’s Burgan Bank will be among the main lenders to the project, he said at a press conference about the development.

[Source:-Reuters]

$2.0-$2.5 at bln building estate KIPCO Kuwait's project Real says starts 2016-09-25
Tags $2.0-$2.5 at bln building estate KIPCO Kuwait's project Real says starts
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Posted by : Saheli
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