Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a major port, as the oil-rich country seeks to diversify its economy with a bigger role in global trade. The State Audit Bureau, a government oversight body responsible for monitoring public funds, on Monday said “the engineering, procurement, and construction contract to complete the Mubarak Al-Kabeer Port project will cost 1.28 billion Kuwaiti dinars ($4.164 billion)”.
