Hyundai HEISCO JV Signed $160.2m Project in Kuwait
28 October 2022
HEAVY ENGINEERING INDUSTRIES & SHIPBUILDING CO (HEISCO) announced in a statement that it has signed the Contract, along with its consortium for a Project issued by Kuwait Port Authority.
The value of the signed Contract is KWD 48.747 million (USD 160.2 million).
HEISCO mentioned that consortium includes its subsidiary (Gulf Dredging & General Contracting Co. K.S.C) and Hyundai Engineering and Construction Co., Ltd.
The Project is related to implementation of rehabilitation works from (1) to (7) Berth in the Shuwaikh port of the Kuwait Ports Authority.
Earlier, during March 2022, the consortium announces that it has submitted lowest bid for the project. (read more)
Under this contract Berth 1 to 7 will be rehabilitated and provide approximately 1,330 m berth length for general cargo (Berth 2 to 7) and bulk cargo (Berth 1). The proposed new berths require special berthing and mooring facilities to accommodate general cargo, container vessels and bulk carriers. The berths will be equipped with mobile cranes with a capacity of approximately 600 tons, reach stackers, and heavy trucks for handling and storage of incoming products from or to berthing vessels.
Related
-
Samsung C&T Japan Signs MOU with eREX for Collaboration on Renewable Energy Projects
15 October 2026
-
Consortium signs EPC contract for Rabigh 2 IPP expansion
14 October 2026
-
CIMIC Group's Sedgman awarded contract for Jervois Copper Project in Australia
14 October 2026
-
Alstom, Vingroup to supply up to 200 metro trains for Hanoi
13 October 2026
-
Thiess secures two-year mining services contract extension at Okvau Gold Project, Cambodia
13 October 2026
-
SeaTwirl signs MoU with HFLOW for 20 MW of floating offshore wind in Australia
13 October 2026


京公网安备
11010802030424号
京ICP备19046776号-2