Kuwait Publishes Decree Reorganising Silk City Development Authority

On 8 November, Kuwait published Decree No. 175 of 2026, abolishing the Silk City and Boubyan Island Development Authority and transferring its responsibilities, assets, contracts and obligations to government entities to be designated by the Council of Ministers. The decree does not cancel the development projects, and no new project budget was disclosed. The change creates opportunities for government contractors, legal advisers and project-management consultants. HPC can support policy monitoring, tender research and public-sector partnership development.

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