A consortium of South Korean construction companies will begin building a $4 billion “smart” city in Kuwait in 2019, Seoul’s infrastructure ministry said on Monday.
Yonhap News Agency reports the group is led by POSCO A&C and Hyundai Architects and Engineers Associates Co. The Ministry of Land, Infrastructure and Transport says the eco-friendly and digitally connected urban hub will serve as a prototype for similar Korean projects throughout the Middle East. The new Kuwait city is expected to accommodate between 25,000 — 40,000 families.