Dublin, Dec. 22, 2025 (GLOBE NEWSWIRE) -- The "Kuwait Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)" report has been added to ResearchAndMarkets.com's offering.
Construction industry in Kuwait to return to its growth momentum in 2025 and record an annual growth of 3.9% in real terms, supported by government investment in renewable energy, and transport infrastructure sectors.
In September 2025, Kuwait's government allocated KWD1.3 billion ($4.2 billion) for 141 projects, as part of its capital spending during the fiscal year (FY) 2025-26 (April 2025 to March 2026). This allocation will be used for 124 projects that are under construction, 38 related projects, and 17 new projects.
According to government data, as of September 2025, the country had around 300 active projects, valued at approximately KWD35.3 billion ($115 billion), with large infrastructure projects making up nearly half of that total. In July 2025, Kuwait's government announced a plan to create a state-backed investment company with capital of about KWD50 billion ($162.7 billion). The proposed firm will fund major projects in areas like renewable energy, transport, smart cities, infrastructure, and tourism.
The construction industry in Kuwait is expected to record an annual average growth rate of 4.9% between 2026 to 2029, supported by investments in the oil and gas, and renewable energy sectors. In May 2025, the state-owned upstream operator Kuwait Oil Company (KOC) announced a plan to invest around KWD15.4 billion ($50 billion) to raise its oil production capacity to above three million barrels per day (bpd) over the next five years.
In comparison, Kuwait's crude oil production averaged 2.415 million bpd in April 2025. Previously, in 2024, Kuwait's government announced the discovery of a significant amount of oil and gas in the Al-Noukhitha offshore field, estimated at around 3.2 billion barrels of oil equivalent.
Report Scope
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Kuwait, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/hiv8ox
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
