KCPC
KCPC
KCPC
Written by: Muhammad Farouk
Kuwait Company for Process Plant Construction and Contracting -KCPC announced that it has been awarded KWD3 million ($10.24 million) tender from Kuwait’s Ministry of Public Works -MPW.
Muhammad Hamad Company’s Chief Operations Officer told Mubasher that the tender related to the maintenance works of Kuwait's high ways.
The agreement duration is two years and it is expected to generate profit margin of 4.75%, which will be reflected on the company's financial statements for 2015 and 2016, added Hamad.
The company looks forward to sign the contracts of another tender also awarded from MPW at amount of KWD1.5 million. This tender will be related to the maintenance of the sewage system of Mubarak Al-Kabeer governorate, said Hamad.
Kuwait Company for Process Plant Construction and Contracting -KCPC announced that it has been awarded KWD3 million ($10.24 million) tender from Kuwait’s Ministry of Public Works -MPW.
Muhammad Hamad Company’s Chief Operations Officer told Mubasher that the tender related to the maintenance works of Kuwait's high ways.
The agreement duration is two years and it is expected to generate profit margin of 4.75%, which will be reflected on the company's financial statements for 2015 and 2016, added Hamad.
The company looks forward to sign the contracts of another tender also awarded from MPW at amount of KWD1.5 million. This tender will be related to the maintenance of the sewage system of Mubarak Al-Kabeer governorate, said Hamad.
Source:
Mubasher Exclusive
