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kuwait invests six billion dollars in infrastructure to diversify economy
Kuwait is investing nearly $6 billion in infrastructure as part of its economic diversification strategy for the 2025-2026 budget, focusing on transportation, water, and electricity, including the Mubarak Al-Kabeer Port project. This initiative aims to enhance economic growth and strengthen non-oil revenues, despite a projected budget deficit of approximately $20.43 billion. The port, estimated to cost $3.2 billion, will support over 8 million containers and is integral to China's Belt and Road Initiative.
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