Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) has signed a credit facilities agreement with The Industrial Bank of Kuwait.
The credit facilities deal is valued at KWD 4.02 million ($13.3 million), according to a bourse statement on Monday.
HEISCO will disclose in detail the agreement information once the factory is built and production begins.
It added that the financial impact will be registered in the income statements of the third quarter of 2018.
