URC said in a bourse statement that the value of the contract is 16.7 million Kuwaiti dinars ($55 million).
The project is expected to be completed in 690 calendar days, the statement said.
Byout Hessah, located within the Hessah Al Mubarak District, comprises of two 12-storey residential buildings with 105 upscale apartments, and 40 four-bedroom townhouses, according to June 2020 press statement by URC.
(1 US Dollar = 0.30 Kuwaiti Dinar)
(Writing by SA Kader; Editing by Anoop Menon)
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