Massive Kuwait project to be awarded

South Korean contractor Hyundai Engineering looks set to win the deal to build Kuwait’s Subiya Causeway project. The award of the deal for this massive US$2.6 billion project has been delayed several times so far but is now on track to be awarded by the end of 2011. It still requires parliamentary approval but has been given approval from Kuwait's Central Tenders Committee (CTC). Hyundai Engineering submitted its bid, the lowest of several made, for the project in February 2011.
April 25, 2012 Read time: 1 min
South Korean contractor 236 Hyundai Engineering looks set to win the deal to build Kuwait’s Subiya Causeway project. The award of the deal for this massive US$2.6 billion project has been delayed several times so far but is now on track to be awarded by the end of 2011. It still requires parliamentary approval but has been given approval from Kuwait's Central Tenders Committee (CTC). Hyundai Engineering submitted its bid, the lowest of several made, for the project in February 2011.

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South Korean firm Hyundai Engineering and Construction looks to have won the deal to build a massive causeway project in Kuwait. The firm offered a bid of US$2.6 billion. The causeway will be named after the late emir Shaikh Jaber al-Ahmad al Sabah. This 25km causeway will connect Kuwait’s northern Subbiya area with Kuwait City.
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