Kuwait Portland Cement Company has signed a four-year Ready Mix Concrete (RMC) supply contract with China Gezhouba Group

The value of the contract is 36 million Kuwaiti dinars ($117 million), according to the company’s disclosure statement published by Reuters on Thursday.

The RMC will be used for the construction of Saad Al-Abdullah City Housing project, the statement said.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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