Kuwait’s Public Authority for Housing Welfare (PAHW) announced in a statement that it has decided to award contracts for the construction and maintenance of its South Saad Al-Abdullah Housing Project to China Gezhouba Group.

The project is worth 345 million Kuwait dinars (1.12 billion US dollars).

A total of 10 companies submitted their bids, and the Chinese construction and engineering company offered the lowest price and met computational and technical requirements, the PAHW said in a press statement.

The project, which is located in Jahra Governorate, spans an area of approximately 6,400 hectares and consists of five residential areas with 24,508 houses, according to the Authority.