Mubasher: The development of Failaka Island will increase its contribution to Kuwait’s gross domestic product (GDP) by KWD 5.2 billion, according to a presentation by the youth volunteers' team 'Al-Dorar.'
More than KWD 1.25 billion will be invested in the island, as it will include a tourist city, representing 6% of the total investment.
The workforce on the island reached 5,936, and it is expected to achieve a government income of KWD 58.67 million per year.
Located in the Persian Gulf, the island will include around 10 international hotels with a total capacity of 5,000 rooms, in addition to a number of resorts in order to spur tourism in the GCC country, according to the presentation.