Kuwait invites bids for bourse regulator’s new head office.

Kuwait has issued tenders for the construction of a new head office building for its capital market authority (CMA) at an estimated cost of 45 million Kuwaiti dinars ($148 million).

The costs include about 35 million dinars ($115 million) for construction while the rest covers project designs as well as interiors including furniture, the Arabic language daily Al-Rai said, quoting CPA sources.

The project, which has just been tendered, is located in the capital Kuwait City and is expected to be completed with 36 months, it said.

Via: Construction Week online


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