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Combined Group signs $12m hospital deal

on Dec 30, 2012

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Photo for illustrative purposes
Photo for illustrative purposes

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Kuwaiti contractor Combined Group Contracting has signed a contract to design, build and maintain an outpatient laboratory, radiology and pharmacy at Razi Hospital.

The contract is worth just over $12m.

The win follows an $11.4m award which the company picked up by its affiliate firm, Al Barjas General Trading & Contracting, from the Ministry of Education to build a new school two weeks ago.

In the nine months to September 30, the firm made a net profit of $21.1m - lower than the $23.5m achieved during the same period last year.

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