Mushrif Trading and Contracting Company

What Mushrif Trading and Contracting Company does

Mushrif Trading and Contracting Company K.S.C.P. is a Kuwait-based civil construction and infrastructure contractor founded in 1968 and listed on the Kuwait Stock Exchange (ticker MTCC:KW). The company delivers heavy civil works across six integrated service lines: Civil & Infrastructure Construction (roads, highways, bridges, runways), Oil & Gas Construction Services (flowlines, pipelines, source wells, refinery site preparation), Treatment Plants & Pumping Stations (wastewater treatment with biological process expertise), Building Construction (Design-Build-Maintain for commercial and government facilities), Facilities Operations & Maintenance, and Plants & Facilities (in-house concrete and asphalt plants plus a fleet of more than 500 construction equipment pieces). It holds Grade 1 classification with the Central Tenders Committee, Kuwait Oil Company, and Kuwait National Petroleum Company, and is one of the few regional construction firms certified to ISO 9001:2008 by BSI.

The company serves primarily Kuwaiti government ministries and state-owned oil and gas enterprises, including the Ministry of Public Works, KOC, KNPC, Kuwait Gulf Oil Company, and the Public Authority for Housing Welfare, with additional project work in the UAE (through Cercon Civil Construction L.L.C., Al Hamed General Transport L.L.C., and Mushrif National Construction) and Qatar (through Foundmar WLL and a Degremont/Marubani joint venture on Lusail's sewage treatment works). Its operating technology stack is anchored by a fully integrated SAP ECC 6.0 ERP covering finance, controlling, materials management, sales, project systems, HCM, production planning, and plant maintenance, with the company claiming to be the first completely ERP-driven construction company in the region.

Revenue is generated almost exclusively through competitive tendering for one-off construction contracts, with FY2015 revenue of KD 50.2 million (USD ~165 million) up 41.5% year-over-year and a backlog of KD 250 million at the start of 2016. The company is currently operating under a Protective Settlement plan following Bankruptcy Court Application No. 2/2023 filed in December 2023, with the Final Bankruptcy Court Decision issued June 3, 2024, reflecting material financial distress stemming in part from KD 26.67 million of 'inappropriate cost transfers' disclosed in 2017.

Name

Mushrif Trading and Contracting Company

Legal name

Mushrif Trading and Contracting Company K.S.C.P.

Website

https://mushrif.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mushrif Trading and Contracting Company is a Kuwait-based civil construction contractor founded in 1968, delivering roads, oil & gas infrastructure, wastewater treatment plants, buildings, and facilities maintenance primarily for Kuwaiti government ministries and state-owned oil companies across Kuwait, the UAE, and Qatar.

Ownership category

akta.pro rank

Product category

Civil Construction Services

NAICS

Water and Sewer Line and Related Structures Construction (237110), Heavy and Civil Engineering Construction (237), Oil and Gas Pipeline and Related Structures Construction (23712), Site Preparation Contractors (23891)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Water & Wastewater Pipeline Construction (Mains, Force Mains, Interceptors) (IMAFAGAC)

akta.pro secondary industries

Sludge/Biosolids Handling & Treatment Facilities Construction (IMAFAGAJ), Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Civil construction services
• Infrastructure development
• Oil and gas construction
• Wastewater treatment plants
• Pipeline construction

Headquarters

HQ city

Al Rayyan

HQ country

Qatar

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Construction Contracting: Revenue generated through winning and executing civil construction contracts, primarily from government ministries and major corporations via competitive tendering. Projects include infrastructure, buildings, oil & gas facilities, wastewater treatment plants, and road construction.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Mushrif is a civil construction contractor delivering heavy infrastructure, oil and gas, wastewater treatment, building, and facilities operations and maintenance services across Kuwait, the UAE and Qatar. It executes road networks, highways, bridges, sewage treatment plants, pumping stations, oil and gas flowlines and pipelines, and Design-Build-Maintain building projects for government ministries, state-owned energy companies and private developers.

Product overview

Mushrif Trading and Contracting Company is a leading civil construction company in the Gulf region, offering a comprehensive portfolio of construction and engineering services through multiple integrated divisions. The company's core offerings span Civil & Infrastructure Construction, Oil & Gas Construction Services, Treatment Plants & Pumping Stations, Building Construction, Facilities Operations & Maintenance, and internal Plants & Facilities operations. They provide end-to-end capabilities including design, build, and maintenance services, supported by their own concrete plants, asphalt plants, and fleet of over 500 construction equipment pieces. The company also offers specialized services such as micro-tunneling, deep foundation works, pipeline installation with SCADA systems, and operates SAP ERP systems for project management. Major projects include wastewater treatment plants (Jahra, Kabd, Umm Al Hyman), building projects (Central Market Abu Dhabi, Remote Monitoring Center Kuwait), and oil & gas pipeline projects for Kuwait Oil Company.

Differentiator

Problem solved

Functional benefit

Products and services

• Civil & Infrastructure Construction Heavy civil works service delivering road construction, highways, runways and major infrastructure projects, including Al Zour New Refinery site preparation and early roads. Target customers are government ministries and state-owned enterprises in Kuwait and the GCC.
• Oil & Gas Construction Services Pipeline projects, flowlines and oil and gas facility construction, including the KD 8.997 million flowlines project for Kuwait Oil Company. Target customers are state-owned oil and gas majors and joint operations in Kuwait and the GCC.
• Treatment Plants & Pumping Stations Design, construction and operation of wastewater treatment plants and pumping stations, including the KD 56.9 million Jahra Area project and KD 15.8 million Lusail Development project in Qatar. Target customers are government utilities and municipalities in Kuwait and Qatar.
• Building Construction High-profile building construction including Design-Build-Maintain services for projects such as the KD 45.5 million Central Market Redevelopment in Abu Dhabi for Al-Dar Properties PJSC and the KD 16.3 million Remote Monitoring and Control Center in Kuwait. Target customers are private real estate developers, corporate clients and government entities.
• Facilities Operations & Maintenance Ongoing operations and management services for civil works, sewage treatment plants, pumping stations, reservoirs and industrial facilities, including the KD 2.5 million Jahra Pumping Station contract. Target customers are government utilities and industrial facility owners.
• Plants & Facilities (Concrete, Asphalt and Equipment Fleet) Own and operate concrete plants, asphalt plants and an extensive fleet of more than 500 pieces of construction equipment that underpins Mushrif's project execution capability and cost control across its construction service lines.
• Pipeline & Flowline Construction Specialized oil and gas pipeline and flowline construction service covering carbon steel pipeline installation, RTRP pipeline systems, pigging facilities and SCADA instrumentation for oil and gas operations. Target customers are KOC, KNPC, KGOC and joint operations.

Quantifiable outcome

• 41.5% revenue growth in 2015 compared to 2014
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered major.

• Fluor Consultants B.V. (FDH JV)majorChannel Partner/ Reseller/ Distributor · 6 October 2016Mushrif signed as subcontractor to Fluor-led FDH JV (Fluor, Daewoo Engineering and Hyundai Heavy Industries) for Al-Zour New Refinery Project. Executed early road works and site preparation of offsite camps for KNPC project valued at KD 5.4 million.
• CSC (Computer Services Corporation)majorImplementation/ SI/ Consulting Partner · 8 May 2012Fortune 200 listed technology services company partnered with Mushrif for SAP Phase II implementation including HCM, Production Planning, and Plant Maintenance modules over 22 weeks. Implementation completed October 2012.
• Degremont (France) and Marubani (Japan)majorStrategic or Co-development Partner · 2 March 2012Joint venture partners for Lusail Development Sewage Treatment Works in Qatar. Degremont is a French water treatment specialist and Marubani is a Japanese company. Mushrif executed KD 15.8 million project as part of this JV.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mushrif Trading and Contracting Company