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Kuwait Report
Marcopolis presents the Kuwait Report focused on the investments, doing business, economy and other topics featuring interviews with Kuwaiti leaders. The sectors under review in this issue are industry, oil and gas sector, investments, banking sector, telecom sector and many more.
VideosMay 02, 2017
Construction & Infrastructure Projects in Kuwait by Combined Group
- Published: May 02, 2017
"We are participating in many sectors, such as construction, roads, oil, bridges, and infrastructure. We participate in any projects announced through the CTC. The value of the projects varies for each sector. The sectors with the greatest value are roads and bridges, followed by the oil sector, construction, building, and lastly, other divisions," says Dr. Nabeel Abdul Haleem Ali, Consultant to Chairman for Shareholders Affairs at Combined Group.
"We have bid the lowest price for many major projects that we expect to receive letters of intent for within the next two months. Some examples are Tender #242, which is a large road, valued at 197.9 million KD for a duration of 48 months. Another is Tender #RFP2037219 in the oil sector, with a value of 72.9 million KD, for a duration of five years. Another road we have is through the Ministry of Public Works and it is valued at 108.8 million KD. For this project, we participated as an agent of China First Highway Engineering Company, which is an international company with experience in executing large projects such as these. We also have plans for a large building in the Ministries Complex that is being coordinated with the Ministry of Finance."
