MEED, a primary source of business intelligence for the Middle East, today announced that it will host the 6th Annual Kuwait Projects Conference 2010 from Monday 29 November to Wednesday 1 December, 2010 at JW Marriott Hotel. The conference will highlight the major opportunities in Kuwait's developing project market, which s currently worth an estimated US$25 billion, and is being driven by the US$100 billion National 5-Year Plan.
Keynote speakers addressing the 6th Annual Kuwait Projects Conference 2010 include Eng. Abdulaziz Al Kulaib, Undersecretary, Ministry of Public Works, Kuwait, who will be presenting the mega-projects being planned and executed by the Ministry of Public Works; Shaikha Al Bahar, Chief Executive Officer, National Bank of Kuwait (NBK), who will speak about successfully delivering mega-projects in Kuwait in line with the 2035 vision; and Farouk Al Zanki, Chief Executive Officer of Kuwait Petroleum Corporation who will address KPC's achievements, current developments and future plans.
Meed Projects data reveals that 29 per cent of current planned projects are in the construction sector, 25 per cent in infrastructure, 25 per cent in oil and gas production, 19 per cent in power projects, and the remaining 4 per cent made in waste and water projects. Major projects under discussion at the conference include clean fuels projects, Failakka Island Development, Umm Al Hayman Wastewater Treatment Plant, and rail and metro projects. Eight new hospital and airport projects will also be discussed.
Edmund O'Sullivan, Chairman, MEED Events, said: "The Kuwait Projects Conference 2010 gathers senior multi-level stakeholders to assess the economic climate, and the huge potential for the projects sector. At this event, we are bringing together all major project teams and government authorities so that an effective future strategy can be shaped for the mega projects market. Some of the largest developments in oil and gas, power and water, civil infrastructure and real estate will be defined and discussed in full.
"This event is the perfect platform to meet key decision makers who can significantly influence future profitability, to explore the opportunities in Kuwait and also to expand and fast track commercial success," added O'Sullivan.
Other confirmed speakers addressing vital sector issues include:
Sami Al Rushaid, Chairman and Managing Director, Kuwait Oil Company (KOC)Eng. Mohammad Boshehri, Director of Planning and Follow-up for Power Station Projects, Ministry of Electricity and Water, KuwaitDr. Hashem Al Tabtabaei, Technical Team Leader, Partnership Technical Bureau (PTB), Ministry of Finance, KuwaitTarek Sultan, Chairman and Managing Director, AgilityAnas A. Kassem, General Manager (Kuwait) and Director of Transportation (Middle East), Parsons BrinckerhoffNezar Al-Sayegh, Assistant Manager for Transport Master Plan Department, Kuwait MunicipalityDr. Rana Al-Fares, Director – Kuwait University Construction Programme, Kuwait UniversityDr. Dalal Alwadaani, Director of Physical Medicine and Rehabilitation Hospital, Ministry of Health, KuwaitEng. Mahdy Al Dhakheel, Director of Projects Department – Kuwait International Airport, Directorate General for Civil Aviation (DGCA)
National Bank of Kuwait (NBK) - the leading banking institution in Kuwait are strategic partners of the event. Kuwait Petroleum Company and Agility are the supporting partner and silver partner respectively. The event's primary focus is on sectors identifies as presenting the most potential commercial opportunities.
Kuwait Projects Conference 2010 is part of MEED's comprehensive portfolio of large-scale summit and conferences that offer businesses unique one-to-one networking opportunities and facilitate showcasing of solutions to key target groups and niche professionals.