Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has signed the contract for the public bus transport project in Dammam and Al Qatif with the Eastern Province Municipality on 23 January,.
With a value of SAR 149.6 million including a 15% value-added tax (VAT), the contract holds a five-year period, according to a recent bourse disclosure.
SAPTCO said the project will reflect positively on the company’s revenues in the first half (H1) of 2022.
It is worth noting that on 12 January, the Saudi listed company was awarded the public bus transport project.
