A multi-billion dollar city is being built in Kuwait, close to Saudi Arabian borders with the sea, and is set to become a metropolis of 250,000 people.
Sabah Al Ahmad Sea City, which will spread across an area the size of Manhattan, is named after Sabah Al Ahmad, the 86-year-old emir of Kuwait who came to power in 2006.
Development will take place in 10 phases, and over 25 years. Sea City, engineered by British experts, is under construction with huge channels already been dug.
A key element of the project is a yachting marina and retail centre.
The project was inspired by the late Khalid Yousef Al Marzouq, a wealthy Kuwaiti property developer, who funded it entirely through his company, La’ala. It is now being brought by his son, Fawaz Khalid Al Marzouq.
Ian Williams, La’ala’s project director, told Mail Online that he could not give a cost for the whole project, but said it was “multi-billion dollar” project.
The whole project involves 2,000 workers from 20 countries. “With the traffic congestion in the city, people will be attracted to make Sabah Al Ahmad Sea City their primary residence,” Williams said.
With the drop in oil prices, Kuwaitis are investing their wealth in assets to give the country a post-oil future.