The Kuwait Authority for Partnership Projects (KAPP), in coordination with the Ministry of Finance, has extended the deadlines for bid submissions on two major Public-Private Partnership (PPP) real estate projects.

The Al Muthanna Complex Real Estate Project, located in Block 12 of the Qibla area, will now accept bids until 28 October 2025. The development covers State-owned Plots No. 16 and 17, with a combined footprint of 17,183 square metres.

The deadline for the Waterfront Real Estate Project – Phase III, meanwhile, has been moved to 12 November 2025. Situated in the Sharq area on Plot No. 1, the project spans 384,385 sqm, excluding 56,111 sqm allocated to Nig‘ah Al-Shamlan.

Both tenders were originally issued on 29 June 2024 with a closing date of 28 September 2025. The revised schedule extends the timeline into the fourth quarter of this year, allowing interested bidders additional time to prepare proposals.

The scope of the two projects includes rehabilitation, renovation, development, major and routine maintenance, management and operation of the sites under a 15-year usufruct arrangement, as set out under Law No. 116 of 2014 and its Executive Regulations governing PPPs in Kuwait.

Companies bidding for the projects are required to demonstrate a minimum of 10 years’ experience in comparable public or private real estate schemes. In addition, they must provide evidence of at least two completed contracts, each worth no less than 15 million Kuwaiti dinars (US$49 million).

The extensions highlight the importance Kuwait places on attracting qualified international and local investors to deliver long-term real estate regeneration and development across strategic sites in the capital.