Kuwait Company for Process Plant Construction and Contracting (KCPC) received a notification letter from the Ministry of Public Works on a deposit of KWD 100,000 worth final guarantee, according to a bourse filing.
The amount is equivalent to 10% of the value of a KWD 1 million project, agreed upon with the ministry, KCPC said in a statement to Boursa Kuwait.
The project is related to maintenance of rainwater and sewage networks in Mubarak Al-Kabeer governorate, which would be implemented over 635 days.
Source: Mubasher
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