Ministry Of Finance Will Finance 9800 Plots In Al-mutla'a Worth Kd600 Million

09 November 2022 Kuwait

Al-Qabas daily reports that Minister of State for Housing and Urban Development Ammar Al-Ajmi had announced the approval of the National Assembly's budget to build housing units in four suburbs in Al-Mutla'a. In a tour of Jaber Al-Ahmad City, Al-Ajmi noted that “we are in continuous consultation with the Ministry of Finance regarding this, since the financing budget is nearly 600 million dinars, covering 9800 plots.” When asked about the continuation of the current housing philosophy “land and loan”, he replied: To resolve this issue, we must cooperate with the government and the housing committee to develop more than one method.

In regard to infrastructure tenders in South Sabah Al-Ajmi, approvals were taken from the Fatwa and Legislation Department. He stressed that efforts were being made to reduce the waiting period for citizens for housing, which used to last for twenty years. With the presence of decision-makers, we were fortunate to achieve our dream of reducing the waiting period to less than five years.

Possible solutions
According to Al-Ajmi, there is a tendency to make available more state-owned lands to resolve the housing issue through coordination with the National Assembly. In line with the new approach and the new era, he outlined decisions that would make the Kuwaiti family happy. In his remarks, he noted that coordination is underway to receive and distribute 60 apartments in Jaber Al-Ahmad that were in the possession of the Ministry of Health during the Corona pandemic.

 

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