China State Construction Engineering Corporation Limited Signs Major Overseas Project Worth 224 Billion Yuan

Stock News07-28

China State Construction Engineering Corporation Limited (SS: 601668) has announced the signing of a contract with Kuwait's Ministry of Public Works for the Kabad North Sewage Treatment Plant and ancillary facilities project.

The project is located in the Kabad area of Jahra Governorate, Kuwait, and adopts an integrated Engineering, Procurement, Construction, and Operations & Maintenance (EPC+OM) model. The scope includes the construction of a sewage treatment plant, three pumping stations, and related transmission pipelines and supporting infrastructure.

The contract value is 999.85 million Kuwaiti Dinars, equivalent to approximately 22.4 billion yuan. The project implementation period encompasses 5 years for design, construction, and installation, plus 5 years for maintenance and operations. This contract amount represents about 1.1% of the company's audited operating revenue for the year 2025.

Once completed, the project will significantly enhance Kuwait's capabilities in sewage collection, transportation, treatment, and recycled water utilization. It is also expected to strengthen the company's international competitiveness and brand influence in the field of environmental project construction and operation.

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