Kuwait City (Reuters) - Kuwait's Al-Mal Investment Company, a firm controlled by the family-owned conglomerate Kharafi Group, will bid for a multi-billion dollar project in Tunisia,

a company executive said in remarks published yesterday.The firm was qualified by the Tunisian government to submit a bid to build a port under the build, operate and transfer (BOT) system that could cost 1.4 billion euro ($2.22 billion), daily Al-Watan reported, citing managing director Fawzy al-Jouder as saying.The firm is also studying investing in infrastructure projects in Kuwait worth more than 100 million dinars ($377.2 million) and is eyeing overseas investments of more than $200 million in the power sector, said Jouder."The company is currently studying projects in other sectors and in different geographical locations in infrastructure, power, health, and telecommunications sectors," he told the paper."In the health sector for instance, we have a project in the Gulf region for which we started marketing... where its total cost exceeds $900 million."Mal will sell assets worth KD20 million in Kuwait and abroad in the coming period to finance its expansion, he told Al-Watan.