Kuwait – Mubasher: Al Imtiaz Investment Group said that its subsidiary, Hot Engineering and Construction Co, was awarded the lowest bid in a tender offered by Kuwait National Petroleum Company (KNPC).
The tender contract is worth KWD 13.32 million, with duration period of five years, according to a bourse statement issued on Tuesday.
A profit ranging between 2% and 4% of the contract value is expected to be realized from this deal, the statement added.
