Mubasher: The Central Tenders Committee awarded a tender to Al Imtiaz Investment Group’s subsidiary, Hot Engineering and Construction Co, with a five-year duration period.
The tender is offered by a subsidiary of Kuwait National Petroleum Co (KNPC) and is worth KWD 13.32 million ($43.4 million), according to a bourse statement issued on Sunday.
A profit ranging between 2% and 4% is expected to be realised from this tender contract.
