Company: Combined Group Contracting Company
In 2015, Abdulrahman Al-Marouf’s Combined Group Contracting Company achieved revenues of $833.2m (KWD250.2m). The firm expects this figure to grow during 2016, projecting earnings of around $850m (KWD256). So far this year, it has booked $550m (KWD166m), leaving $300m (KWD90.5m) to be signed off if it is to meet its target.
Kuwait-headquartered Combined Group employs more than 7,000 construction professionals, 250 of whom are qualified engineers.
In January 2016, the company completed its activities as main contractor for Kuwait Oil Company (KOC) bulk handling facilities in the southeast of the country. The project’s value was $55m (KWD16.6m).
During the coming 12 months, Al-Marouf’s team will perform the role of main contractor for a $381m (KWD115m) gas-line replacement project and an $81m (KWD24.5m) crude oil flow lines project, both on behalf of KOC. It will also support the construction of roads an intersections as part of a $166m (KWD50.1m) deal with Kuwait’s Ministry of Public Works (MPW). All three projects are due to complete before the end of 2018.