The 2010-14 Kuwait Development Plan, involving expenditure of US$104bn, seeks to diversify the economy away from oil and to increase the role of the private sector. It also aims to make Kuwait a regional trade and finance centre by 2014. After a promising start in 2010, including the passage of the much-delayed privatisation law, progress appeared to stall in the second half of the year, with fiscal data suggesting very little in the way of capital expenditure. The country's first independent water and power project is progressing, but the government has recently announced a delay in the privatisation of Kuwait Airways Corporation. Structural economic reform, particularly liberalisation, is still expected to proceed only gradually as political bickering and the unwieldy bureaucracy lead to delays with projects.