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Kuwait signs $1.3 bn of road improvement deals

The contracts are for a three-year period

Kuwait road maintenance contracts
Kuwait signs $1.31 billion road maintenance contracts with 18 local and foreign companies

Kuwait signed $1.31 billion (400 million dinars) road maintenance contracts with 18 local and foreign companies.

The contracts, signed at a ceremony in the Sabhan industrial area on Wednesday, are for a three-year period.

“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, Reuters reported.

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 Turkey’s Limak, Qatari Al-Mohannadi For Roads and Kuwaiti-listed Combined Group Contracting Company among others.

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