AL Imtiaz unit expects 3.5% profit from airport tender

Kuwait – Mubasher: Al Imtiaz Investment Group said that its subsidiary, Hot Engineering and Construction Co, has signed a tender contract covering the construction works of parking areas and lanes at Kuwait International Airport.

The tender is worth KWD 12.21 million, and has duration period of three years, the company said in a bourse statement issued on Wednesday.

Al Imtiaz noted that the tender contract will generate a profit margin accounting for 3.5% of the deal value, however, this profit can be changed.

 

Mubasher Contribution Time: 23-Nov-2016 09:22 (GMT)
Mubasher Last Update Time: 23-Nov-2016 09:22 (GMT)