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FINANCIAL NEWS
Salini wins USD955mn project in Kuwait
19 Jun 2016
(MENAFN) An alliance led by Salini Impregilo has won an USD955million agreement from Kuwait government to improve an urban residential development.
The Italian industrial group, specializing in the construction and civil engineering business, was awarded by Kuwait’s Public Authority for Housing Welfare.
Under the agreement, the Salini Impregilo consortium will enjoy a 55 percent stake in the upcoming new project which expected to house 400,000 residents.
Additionally, The residents will get pleasure from the most modern housing and logistical services, public and commercial areas, hospitals, schools and social services.
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