Kuwait-Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) said Monday it signed an agreement with Equate Petrochemical Company for KWD 2.17 million, according to a bourse statement.
The contract has duration of 251 days as of 11 November, 2015, during which HEISCO will be executing an infrastructure and building works for a project by Equate.
The statement added that the financial impact of this deal would be operating profits ranging from 8% to 10%.
