SAPTCO, Qassim Municipality sign SAR 115 mln contract for bus transport project

22/03/2023 Argaam

SAPTCO, Qassim Municipality sign public bus transport project worth SAR 115 mln

The signing of the agreement

Saudi Public Transport Co. (SAPTCO) and Qassim Municipality signed on March 21 a public bus-transport project contract, at a value of SAR 115 million (inclusive of a 15% value-added tax).

 

In a statement to Tadawul, the company pointed out that the five-year deal includes operating the public bus transport network in Buraydah and Unaizah governorates.

 

The transaction will have a positive impact on the company's revenues as of H2 2023, it added.

 

In October 2022, SAPTCO received a notification from Qassim Municipality on the award of a five-year public bus transport project in Buraydah and Unaizah governorates, Argaam earlier reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read