Wang Di, China's Ambassador to Kuwait, said the development marks the most lucrative deals that Beijing has forged with a Gulf country
The value of construction projects involving Kuwait and China this year is $8.2bn (KWD2.4bn).
Wang Di, China's Ambassador to Kuwait, said the development marks the most lucrative deals that Beijing has forged with a Gulf country.
Di said that trade between Kuwait and Beijing is worth $3.8bn (KWD1.2bn), while China has imported 4.7 tonnes of crude oil from Kuwait to date.
The secretary-general of Kuwait's General Secretariat of the Supreme Council for Planning and Development, Dr Khaled Mahdi, said that Kuwaiti loans worth $825m (KWD248.8m) were given to China in 1982.
These loans, Mahdi added, set in motion a string of 32 developments in Beijing.
For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
