Limak Holding reaffirms its commitment to Kuwait’s Vision 2035 during His Highness the Emir of Kuwait’s official state visit to Türkiye
Limak were honoured by the presence of H.H. the Emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, during his official state visit to Türkiye. During the visit, Limak’s partnership with Kuwait on the new Kuwait International Airport Terminal 2 was consolidated as it enters the final stages of construction.
This statement follows the generous commendation by H.H. the Emir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, where the Kuwait News Agency (KUNA) quoted His Highness’s remarks on May 7, 2024, during the official discussion session between the two countries: “…We are proud of the efforts of the Turkish company Limak, which is undertaking the implementation of the new Kuwait International Airport Terminal project.”
The new Kuwait International Airport Terminal 2 (T2) will serve as a symbol of Kuwait’s progress and modernity and move the country one step closer to achieving its vision of becoming a financial and trade hub—supporting the country’s aim to increase foreign investment.
Chair of the Board of Limak Holding, Ms. Ebru Özdemir, said: “We are thrilled to support the development of Kuwait and realize the ambitious vision of H.H. the Emir of Kuwait. For us, Kuwait is a home-away-from-home, and our commitment to its social and economic growth is deep-rooted. For the project to be sustainable and deliver economic benefits for the local economy and people, it’s important for it to be managed by Kuwaitis. Additionally, through the T2 project, we launched the Kuwait Women’s Economic Empowerment Platform (KWEEP), which aims to inspire and foster positive change in women’s employment and leadership within the Kuwaiti private sector.”
Ms. Özdemir continued: “I would like to thank KDIPA and the government of Kuwait for their continuous support and enablement, allowing us to operate effectively in Kuwait and contribute towards the goals of Vision 2035. Their proactive approach to creating an attractive environment for foreign investors has been instrumental for our operations and underscores Kuwait’s commitment to economic development.”
In December 2015, Limak Insaat Kuwait S.P.C. was the first construction company and the 12th overall to be established under the Foreign Direct Investment Law facilitated by the Kuwait Direct Investment Promotion Authority (KDIPA).
Limak was contracted in May 2016 to manage the construction, completion, furnishing, and maintenance of Package No. 1 of the Kuwait International Airport (KIA) New Passenger Terminal (T2) project. In July 2020, the company was awarded Package No. 2 for the construction of the car park, service buildings, and roads leading to the terminal. KIA T2 is expected to achieve LEED GOLD certification for energy and environmental design and will have the capacity to handle 25 million passengers per year.
Limak Insaat is a fully owned subsidiary of the Limak Group of Companies, a Türkiye-based conglomerate currently leading the construction of landmark projects across the world, including Barcelona’s Spotify Camp Nou and Saudi Arabia’s NEOM. The company ranked 50th on the 2023 “Top 250 International Contractors” list by Engineering News-Record and is recognized as one of the three fastest-growing construction companies globally by International Construction Industry Magazine.
Established in 1976, Limak is a worldwide leader in building and managing state-of-the-art infrastructure projects. The Group operates in over 17 countries with more than 50,000 employees and across various sectors, including tourism, cement, energy, infrastructure, airport management and operations, port management, food, and aviation.
