Kuwait's KCPC offers lowest bids in $14mln Housing Welfare tender

The tender carries a maturity period of 540 days

  
Huge excavator in the evening. Excavator at a construction site against the setting sun. Huge excavator in the evening. Old excavator on a construction site.

Huge excavator in the evening. Excavator at a construction site against the setting sun. Huge excavator in the evening. Old excavator on a construction site.

Getty Images/ Avalon_Studio

Mubasher: Kuwait Company for Process Plant Construction and Contracting (KCPC) announced offering the lowest bids in the Public Authority for Housing Welfare's (PAHW) tender that is related to the construction, execution, and maintenance of the wearing course of Sabah Al Ahmad project, Sector B.

The tender is valued at KWD 4.39 million for a period of 540 days, according to a bourse statement on Sunday.

Moreover, the Kuwaiti firm will send a notification letter to the Capital Markets Authority (CMA) and Boursa Kuwait Company with any further developments in this regard.

In January, KCPC won a contract worth KWD 15 million related to the maintenance of Jahra Highway, the Fifth Ring Road, and Alghazali Highway, by the Ministry of Public Works (MPW).

Source: Mubasher

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