November 14, 2012 / 11:39 AM / 5 years ago

Kuwait signs contract with Hyundai for $2.6 bln bridge

KUWAIT, Nov 14 (Reuters) - A Kuwaiti company has signed a contract with South Korea's Hyundai Engineering & Construction Co. to design, build and maintain a major bridge in the Gulf state, a stock exchange filing said on Wednesday.

Kuwait's Combined Group Contracting Co. will own a 21.5 percent stake in the Sheikh Jaber al-Ahmad al-Sabah project, it said.

State news agency KUNA reported earlier that the bridge project was worth 738 million dinars ($2.6 billion). (Reporting by Sylvia Westall; Editing by Andrew Torchia)

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