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The three-year contracts are aimed at improving poor road conditions KUWAIT - Kuwait signed 400 million dinars ($1.31 billion) of three-year road maintenance contracts with 18 local and foreign companies at a ceremony in the Sabhan industrial area on Wednesay. This is the first time in Kuwait that 18 contracts have been signed, covering all areas of Kuwait, said Khaled Al-Osaimi, head of the Public Authority for Roads and Land Transport. The three-year contracts are aimed at improving poor road conditions that have become part of daily life and public frustration in the oil-rich country. The companies involved include Turkeys Limak, Qatari Al-Mohannadi For Roads and Kuwaiti-listed Combined Group Contracting Company CGCK.KW among others. ($1 = 0.3065 Kuwaiti dinars) |