Buoyed by surging oil revenues, strong public finances, and a growing young population, Kuwait is now experiencing a period of renewedgrowth after a strong rebound from the global financial crisis. Culminating in 2035, the National Development Plan (NDP) includes fivesuccessive five-year plans that aim to diversify the economy beyond petroleum, revitalize the private sector, promote human capitaldevelopment, and transform the country into a regional transport and business centre. The government has called for approximately KD 30bn(US $108.2 bn) in investment on infrastructure and development projects, and this is seen as an illustration of the commitment towards building on Kuwait's future.
Recent regulatory reform has improved the prospects for real estate growth within Kuwait through legislation giving women strongerhomeownership rights as well as allowing Islamic banks the ability to offer mortgage services to a new sector of the population. These legalreforms along with a growing influx of working expatriates into the country has increased the investor base into property throughout all sectors.
Cityscape Kuwait will look to support these strong economic and real estate fundamentals by providing a platform for real estate developers,architects, finance companies, investors and other stakeholders to meet, network and do business in a vibrant business environment.
There is no better time to take advantage of the improved real estate conditions in the State of Kuwait by either exhibiting at, sponsoring orattending Cityscape Kuwait. Whether you are looking to explore real estate investment opportunities within one of the wealthiest MiddleEastern markets or wishing to showcase your unique projects amongst ultra-high wealth Kuwaiti investors, Cityscape Kuwait is your gateway toprofitable business relationships within the real estate sector.