SAPTCO wins SAR 150m transportation project

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has been awarded a project from the Eastern Province Municipality for the public bus transport project in Dammam and Al Qatif.

The five-year contract has a value of SAR 149.60 million, including a 15% value-added tax (VAT), according to a bourse disclosure on Wednesday.

SAPTCO said the project will reflect positively on its revenues during the first half (H1) of 2022.

Mubasher Contribution Time: 12-Jan-2022 15:55 (GMT)
Mubasher Last Update Time: 12-Jan-2022 15:55 (GMT)