Kuwaiti listed Mushrif Trading and Contracting Company submitted the lowest price in a new Kuwaiti tender worth KWD 82.8 million for an infrastructure project, according to a bourse statement on Tuesday.

Mushrif will establish and maintain the infrastructure for connecting the port of Mina Abdulla and Al-Wafra in Kuwait, within 1,095 days, after signing the tender contract with Kuwait's ministry of public works.

Notable that Mushrif last Thursday released an announcement for a similar tender worth KWD 61.4 million.

Mushrif's reported KWD 2.99 million in losses for 2014, against KWD 1.50 million in profits a year earlier.