Ahmad Kasem

Ahmad Kasem

CEO United Real Estate Company (URC), Kuwait

Conference Day One: Monday, 21 October 2019

10:00 AM Visionary Mega Project: Discussing The $132 Billion Worth Of Five New Islands Project In Kuwait To Turn The Country Into A Commercial And Financial Centre By 2035.

Focus: Kuwait is planning a mega-project to develop five islands at an investment cost of $160 billion, which it is hoped will generate around $40 billion dollars a year, in addition to providing about 200,000 jobs.

Key Question: What is the right partnership-model for this project to grow Kuwait’s GDP in a substantial level?

This session will explore:
  • Opportunities in the market that is open for contractors, subcontractors and future investors.
  • The project calls for construction of a multi-purpose free trade zone development of the five islands. How can these projects impact Kuwait’s economy and overall GDP?
  • The biggest challenges while tracking the construction during the project that ends in 2030.
  • Housing requirements across these islands.

11:40 AM Housing Project Leaders Panel: Addressing The Challenges And Opportunities Of Building And Expanding Major Projects In Kuwait

Focus: The rising demand for public housing is expected to drive longterm residential construction growth, with the Public Authority for Housing and Welfare announcing plans to build 174,000 housing units by 2020. The authorities are presently engaged in a number of major expansion projects aimed at increasing capacity and competitiveness of their housing and residential development, with many new megaprojects coming up in the region.

Key Question: What are the future plans for ensuring competitiveness of residential and housing development?

This session will explore:
  • Learn how the megaprojects will boost Kuwait’s economy by 40%.
  • The importance of cooperating with China for Madinat Al Hareer (City of Silk) and other big projects.
  • What monitoring systems are existing to track the construction during the projects to maintain production by 80%.

12:10 PM Onstage Interview: South-Korea and Kuwait partnership for the $4 billion worth project South Saad Abdullah New Town: Get insights on how Kuwait is increasing residential communities to cover urgent housing demand

Focus: The site is located at 40km west of the centre of Kuwait and will be stretched in an area of 59km. The project is planned to build 30,000 residential houses.

Key Question: What are the biggest challenges for the South Saad Abdullah New Town project to import materials?

This session will explore:
  • Key factors that define an efficient logistic-strategy to reduce storage fees and moving a whole lot of equipment with moving pieces.
  • How to keep track on the various dependencies to ensure a smooth operation.
  • How to effectively allocate the funds for the needed materials for 30,000 residential houses.

Conference Day Two: Tuesday, 22 October 2019

2:00 PM Trailblazer Presentation: Kuwait Oil Companies’ New Houses Project In South Ahmadi To Create 159 New Villas Worth $63 Million

Focus: The scope of works for the infrastructure comprises roads and utilities including storm water, sanitary, telephone networks and roads. The project is built on a plot area of 122,000 sqm and comprises 159 villas. The construction value of the project amounts to $63 million.

Key Question: How can energy-efficiency for the villas are provided without increased investment?

This session will explore:
  • Details about the scope of works for the infrastructure which compromises roads and utilities including storm water, sanitary, telephone networks and roads.
  • Efficient usage of the 122,000 sqm land for building the 159 villas.

Check out the incredible speaker line-up to see who will be joining Ahmad.

Download The Latest Agenda