Kuwait-Mubasher: Combined Group Contracting signed a contract for executing the construction works of a showroom for Volkswagen cars – phase 2, according to a bourse statement.
Combined Group said that the deal is limited to executing works for Behbehani Brothers Motors.
The contract is valued at KWD 2.66 million ($8.83 million), with duration of 215 days, the statement said, adding that the construction works are expected to launch in June 2016.
A profit margin of 5% is projected to result from the deal by the end of the first year of the project.
