KCPC provides lowest bid for KD 20.6 mln project

07/10/2009 00:00 AST

The Kuwait Stock Exchange (KSE) announced on Wednesday that Kuwait Company for Process Plant Construction and Contracting (KCPC) submitted the lowest bid for a main roads contract at a cost estimated at KD 20.6 million.

KCPC will provide further details once it has received the official notification of landing the project, KSE website said.

KCPC was established in 1979 and was listed at the KSE in 2004 with a paid capital of KD 5.2 million.

The company is involved in executing turnkey projects for large and complicated buildings, civil engineering, and infrastructure projects for government and private sector.

It also invests cash surplus in financial portfolios managed by specialized bodies.


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