Combined Group awarded QAR 326.4 mln project in Qatar.

kcc

Combined Group Contracting Co. (CGC) announced that its Qatar-based unit was awarded the project of roads and infrastructure in North and West Bani Hajer- MMUP-Ph 1, 2, Pkg 1 in Qatar, for QAR 326.4 million (KWD 25.6 million). CGC’s share in the project amounts to 51%.

According to sources, the company indicated that it will likely generate 2.5% profit margin from its share of the 448-day project which will start on April 29, 2013.

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