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Kuwait signs contract with Hyundai for $2.6 bln bridge

Published: 14 Nov 2012 - 02:55 pm | Last Updated: 07 Feb 2022 - 12:36 am

KUWAIT: A Kuwaiti company has signed a contract with South Korea's Hyundai Engineering & Construction Co. to design, build and maintain a major bridge in the Gulf state, a stock exchange filing said on Wednesday.
 
Kuwait's Combined Group Contracting Co. will own a 21.5 percent stake in the Sheikh Jaber al-Ahmad al-Sabah project, it said.
 
State news agency KUNA reported earlier that the bridge project was worth 738 million dinars ($2.6 billion). (Reuters)