Kuwait-Mubasher: Mushrif Trading and Contracting signed a contract for a project tendered by Kuwait’s public works ministry for a value of KWD 82.81 million.

Mushrif will undertake the management, operation and maintenance of a sewage treatment plant in Kuwait, according to the contract. The company noted in a bourse statement that the project duration is 1,095 days.

A marginal profit of 9.5% is expected from the deal, a figure that will be included in the financial statements for the coming three years starting 2015 until 2018.