|Source: KFH Research website.|
This is in line with a modest GDP growth for the whole Gulf Cooperative Council region, which is anticipated to expand at 4.5% from 2014 to 15. Kuwait’s non-oil sector is expected to remain resilient at 5% to 6% as implementation of the government’s development projects maintains its robust pace.
With many infrastructure projects already in the pipeline, the coming years are likely to witness significant infrastructure
investments to develop the transport, water, power, and refining sectors, KFH Research said.