Kuwait has given a Chinese company a contract to build Mina Mubarak Al-Kabeer port, as the Gulf state seeks a greater share in world trade.
The contract for the port located on Boubyan island in Kuwait went to the China Company for Communications and Construction, Kuwaiti state-run news agency Kuna reported.
The deal is valued at $4 billion, according to local media.
The port will act as a strategic base for the economic development of Kuwait, enhancing the country’s share in the regional and global supply-chain network, the…