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Kuwait Procurement News Notice - 80714


Procurement News Notice

PNN 80714
Work Detail Deal awarded by petrochemical company Equate Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon) said on Monday it has been awarded a contract for the construction of cooling towers with a value of around 1.379 million Kuwaiti dinars ($4.5 million). The contract was awarded by the government-controlled petrochemicals company Equate and it involves “the execution of a project for sea cooling tower 1 and 2,” the firm said in a bourse statement. “Revenue will be shown in the Company’s annual financial statements for 2024 and 2025,” it said.
Country Kuwait , Western Asia
Industry Construction
Entry Date 29 Oct 2024
Source https://www.zawya.com/en/projects/construction/kuwaits-sofon-wins-45mln-cooling-tower-deal-jh73pv08

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