Kuwait’s General Secretariat of the Supreme Council for Planning and Development has projected that the International Special Economic Zone (ISEZ) will be completed by 2027. The initiative, which was incorporated into Kuwait’s development plans two years ago, aims to attract foreign investment and bolster the country’s economic standing in the region.

Economic experts have emphasized the need to accelerate the project’s implementation. Qais Al-Ghanim, an economic analyst, noted that progress on the free economic zone has been slower than anticipated, largely due to regional conflicts that temporarily hindered advancement. He expressed optimism that, with improved political stability in the area, efforts to complete the zone would gain momentum. The ISEZ is slated to be located near Kuwait’s border with Iraq, a strategic position intended to facilitate trade and economic cooperation.

China plays a significant role in the development of the project, particularly in enhancing the flow of goods through Mubarak Port. Al-Ghanim highlighted that China’s involvement is aimed at streamlining the export of Chinese products via Mubarak Port, from where goods can be distributed to other Middle Eastern markets using railway networks currently being constructed in Iraq. Over the past two years, Iraq has been developing railway infrastructure intended to strengthen regional connectivity, which is expected to complement the economic zone’s logistics capabilities.

The completion of Mubarak Port, together with the establishment of an adjoining industrial zone, is anticipated to yield mutual economic benefits for both Kuwait and China. The port is seen as a critical asset for Kuwait’s economy, positioned to serve not only its domestic market but also the broader region. Al-Ghanim pointed out that the sizable population of Iraq, nearly 50 million people, presents a significant market potential, making the project a key gateway for regional trade.

The ISEZ represents a pivotal element in Kuwait’s long-term strategy to diversify its economy, attract foreign investment, and enhance its role as a regional trade hub. Stakeholders remain attentive to developments, as successful implementation could contribute significantly to the country’s economic growth by the target completion date next year.