Kuwait: Bids in for airport expansion

Issue 981 - 14 Nov 2014 | 1 minute read

The Central Tender Committee (CTC) announced on 3 November that a consortium of Kuwait-based Kharafi National (KN) and Turkish conglomerate Limak Holding had submitted the lowest bid – worth KD1.39bn ($4.76bn) – for a contract to build a new terminal at Kuwait International Airport. Other bids ranged up to KD1.7bn; the CTC said they had been referred to the Ministry of Public Works for a final recommendation. The news was a positive step for the terminal project, which was delayed in June after companies bidding for the construction contract pulled out of the tender process.

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