Kuwait's 2018-2019 development plan includes 20 large projects worth nearly 21.7 billion Kuwaiti dinars ($71.6 billion), a local newspaper reported on Sunday.

The Gulf country's massive hydrocarbon sector has the lion's share of those projects with a value of 11.9 billion dinars ($39.3 billion), accounting for nearly 55 percent of the total, the Arabic language daily Al-Nahar said, citing a government report.

The oil sector's projects include the multi-billion-dollar Al-Zour refinery in South Kuwait, the clean fuel project which involves upgrading Kuwait's two main refineries, and a large petrochemical complex near Al-Zour refinery, the report said.

It said the transport sector is the second largest beneficiary with five projects with a combined value of 4.49 billion dinars ($14.8 billion), including Kuwait's international airport expansion.

Four projects in the plan are joint public-private ventures sponsored by the Kuwait Authority for Partnership Projects. They have a total value of about 1.4 billion dinars ($4.6 billion) and include a rail network project, Al-Jahra labour city and Kabd solid waste management plant, the report said.

It noted that a number of the projects in the 2018-2019 plan are already underway but it did not specify allocations in this year's budget.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@thomsonreuters.com)

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