KUWAIT CITY, Jul 26 (NNN-KUNA) – Kuwait plans to establish logistic cities to support local economy and attract foreign investment, Kuwait Ports Authority (KPA) announced yesterday.
Sheikh Yousef Al-Abdullah Al-Sabah, KPA Director-General, said, these cities will be built on an area of two million square metres and designed by global design agencies, to ensure high standards that will support e-commerce.
The project of logistics cities is keen to find a logistical solution in competitive prices for foreign companies that wish to store their goods regionally in Kuwait, and attract foreign investment and fulfill economic growth, as well as, support diversification drive in the sources of income, he said.
Kuwait will turn into a re-export and shipping centre to neighbouring countries, in addition to providing job opportunities for citizens, in the fields of storing, artificial intelligence, and warehousing logistics, he added.
“The first project is a maritime single window system, that links its three ports together for efficiency,” Sheikh Yousef said.
The second project is “The Smart Port” which will connect the systems of all related parties to release goods, to secure the flow of goods electronically, he added.
Meanwhile, KPA will establish its first dry port, to serve the flow of goods, which will reduce the accumulation of trucks on the borders, he stressed.
