Tuesday, Oct 09, 2012
(This article was first published Monday.)
BEIRUT (Zawya Dow Jones)--Kuwait Co. for Process Plant Construction and Contracting (KCPC.KW), or KCPC, Monday said it has been awarded a 34.4 million Kuwaiti dinars ($122.4 million) deal for a local infrastructure project.
The 913-day project involves the construction and maintenance of roads, bridges, rainwater and sewage drains in addition to providing other services, KCPC said in a statement posted on the Kuwait bourse website. The project was awarded by the Kuwaiti ministry of public works, according to the website of the country's Central Tenders Committee.
KCPC's shares closed 1.7% higher at KWD0.3 in an overall lower market.
Write to Shikrallah Nakhoul at shikrallah@zawya.com
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(END) Dow Jones Newswires
09-10-12 0343GMT
