Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) has signed a subcontract valued at KWD 6.4 million ($21.2 million) for Kuwait Integrated Petroleum Industries Company (KIPIC).
The contract has a duration of ten years and it is expected to achieve operating profits that will be registered in the fiscal years 2018 and 2019, according to a bourse statement on Monday.
