A subsidiary of Al Imtiaz Investment Group has been awarded a tender by the Central Agency for Public Tenders (CAPT) for a project by the Ministry of Public Works (MPW) involving the construction and maintenance of roads and services in South Khaitan area. The KWD 9.86 million tender carries a maturity period of 18 months. The subsidiary is likely to realize a profit margin ranging from 2% to 4% of the contract's total value, Al Imtiaz Investment noted, adding that such percentage is not fixed and subject to change based on many factors, including the project workflow and execution period.