Kuwait-Mubasher: Combined Group Contracting said on Wednesday it has been awarded a joint tender worth KWD 174.12 million for a project at the Kuwait University.
The infrastructure project will be carried out in cooperation with a Chinese company.
The Kuwaiti company clarified, in a bourse statement, that its share from the project will be 25%.
The tender has duration of three years starting May 2016, the company said, adding that the profit margin will be registered during the project’s execution period.
