Combined Group wins $574.5m tender

Kuwait-Mubasher: Combined Group Contracting was named the lowest bidder in a tender worth KWD 174.11 million ($574.5 million), according to a bourse statement.

The contractor will render construction and maintenance services for a university building, in cooperation with China State Construction Engineering.

The Kuwaiti company noted that it would get 25% share from the project. It added that no official notification of award is received yet.

 

Mubasher Contribution Time: 17-Nov-2015 06:26 (GMT)