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The construction industry in Kuwait plays a crucial role in the country's economic development as the nation works to diversify its economy beyond oil. The construction market in Kuwait is expected to achieve an annual average growth rate (AAGR) of over 3% from 2023 to 2026.
The industry's expansion will be supported by the Kuwaiti government's programs promoting the development of transportation and renewable energy infrastructure.
Kuwait’s construction sector plays a vital role in its national development strategy fueling modernization, diversification, and urban growth. Kuwait’s expected construction contractor awards value for 2025 is US$10.5 billion, with US$1,508 million already awarded as of March 25, 2025.
Worth of Projects
Projects tracked
Construction Companies tracked
Awarded Contracts last year
Kuwait's 2035 vision aims on transforming Kuwait into a financial and trade hub regionally and internationally, and becoming more attractive to investors. Where the private sector leads the economy, creating competition and promoting production efficiency.
As part of its economic diversification strategy, Kuwait’s Vision 2035 outlines ambitious infrastructure developments including the creation of new islands, ports, and cities designed to generate up to 400,000 jobs. To support these goals, the country plans to invest over US$100 billion by 2035.
With many new construction projects on the horizon in Kuwait, Ventures Onsite offers a reliable way to track them all. The platform provides comprehensive, regularly updated data on active and upcoming projects actively monitored and updated by expert researchers to help you stay ahead of market trends.
