Silk City, which is also known as Madinat Al-Hareer, is a multi-purpose city which is reportedly expected to be completed by 2023.
Planned to accommodate commerce, culture, residence and entertainment, the city is set to be built over 250 square kilometers in Subiya, in individual phases. The city is expected to be completed reportedly with an estimated cost of $132 billion.
Silk City will be connected to Kuwait City via the Jaber Causeway which opened in 2019, and will be built to hold a housing capacity of 700,000 people.
The city will be divided into four districts, according to the Tamdeen Group. These include – Finance City, Leisure City, Ecological City and Residential City.
Silk City will also include other attractions such as an “Olympic Stadium, a nature reservation area spanning 2 square kilometers, a new airport and a duty free area in addition to multiple amenities including business, leisure, athletic and environmental areas and conventions,” the report said.
Burj Mubarak will be a one-kilometre tall tower and will be constructed at the centre of the city.
The Burj Mubarak megaproject, is estimated to take about 25 years to be completed, and will be made from three interlocking, twisting structures to protect it from 150 mph winds and resulting vibrations, according to another report by Business Insider.
The height of the Burj Mubarak is also reportedly an “intentional tribute to the all-time famous folk tales’ collection 1001 Arabian Nights,” and the tower will comprise of 234 floors, with a capacity of 7,000 people.
“It would be the tallest building in Kuwait, and it is safe to say that its planned height surpasses that of the world’s current tallest building – Burj Khalifa in Dubai (828 meters). However, it is not the world’s tallest under-construction building at this moment,” the report said.
Burj Mubarak will also have seven vertical villages which will include hotels, residences, offices as well as entertainment amenities.
As per estimates, the investment in the city will have a positive impact on the national economy by diversifying income streams. It is also expected to create over 400,000 jobs for locals, and provide investment opportunities for both local and foreign investors.
