KUWAIT: The studies on the planned subway and railway systems have been concluded and submitted to the major projects committee for consideration, said communications minister Dr. Mohammed Al-Basairi on Sunday. Al-Busairi, who is also the Minister of State for National Assembly Affairs, revealed that the projects would be carried out using the Build Operate Transfer (BOT) system, while the railway project is to be implemented through a shareholding company, reported Al-Rai. He explained that 50 percent of the shares in the company will be offered for sale to citizens, while 24 percent will be retained by the government and the remaining 26 percent will be available to private investors. - Kuwait Times