Mubasher: Kuwait Company for Process Plant Construction and Contracting (KCPC) has signed a contract with the public works ministry for KWD 64.9 million ($212.3 million).

The contract covers a project with duration of 1,185 days, according to a bourse statement issued on Thursday.

The financial impact from this deal will be a profit margin of 5% that will be registered in the financial statements starting from the beginning of 2017 until the end of 2020.