Combined Group wins $4.5m tender

Kuwait-Mubasher: Combined Group Contracting announced on Sunday that it has been awarded a tender worth KWD 1.37 million ($4.5 million) presented by Kuwait’s public works ministry, based on a letter from the state’s central tenders committee.

The contractor will provide infrastructure maintenance services for a project in the capital for a period of 24 months, according to a bourse statement.

The Kuwaiti company is set to take over KWD 300 million ($994.8 million) worth of tenders by the end of 2015; as it targets revenues of between KWD 220 million and KWD 230 million for the year.

Mubasher Contribution Time: 22-Nov-2015 06:47 (GMT)