Alkhorayef Water signs SAR 37.7 mln contract with Riyadh Airports

20/04/2021 Argaam

Logo of Alkhorayef Water & Power Technologies Co. (AWPT)

Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract, on April 19, 2021, with Riyadh Airports Co. to implement the second phase of upgrading of the sewage network in King Khalid International Airport in Riyadh at a value of SAR 37.7 million.

 

The contract was awarded on March 11, 2021, and has a duration of nine months from site hand-over, the company said in a bourse statement.

 

The financial impact of the project is expected in the first half of 2021, the statement added.

 

No related parties are included in the deal.

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