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KIPCO starts $2.0-$2.5 billion real estate project

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Kuwait Projects Co (KIPCO), the Gulf state's largest investment company had begun on its $2 billion to $2.5 billion real estate project in Kuwait.

“Banks will provide financing for half of the project, with KIPCO funding the remainder directly,” said Tawfiq al-Jarrah, executive director of Hessah Al Mubarak Real Estate Development.

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