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| Representatives of Hòa Bình Construction and Real Estate Corporation and HOT Engineering & Construction Company sign the agreement. — Photo ndh.vn |
Viet Nam News
HÀ NỘI – Hòa Bình Construction and Real Estate Corporation has signed a strategic co-operation agreement with Kuwait-based HOT Engineering & Construction Company to jointly bid for construction projects of the Kuwait government.
The companies will jointly bid for government projects in the Kuwaiti market and will work together on projects won by HOT Engineering.
HOT will help Hòa Bình register and demonstrate capacity to the Government of Kuwait to be included in the country’s list of qualified contractors. This is an important step and is obligatory for foreign contractors who wish to bid for Kuwaiti government projects.
Following the signing ceremony, the two sides will jointly bid for the Kuwait University of Architecture project worth 100 million Kuwait dollars (US$330 million).
Hòa Bình has also worked with First Kuwaiti General Trading and Contracting Company on the development of First Kuwaiti’s future construction projects and high-rises.
Last year, Hòa Bình co-operated with HOT on the Criminal Evidence Headquarters project. — VNS
