Equipment House wins SAR 25.5 mln project from Transport Ministry

05/11/2023 Argaam

Equipment House wins SAR 25.5 mln project from Transport Ministry

Logo of Scientific and Medical Equipment House Co. (Equipment House)

Scientific and Medical Equipment House Co. (Equipment House) secured today, Nov. 5, a contract worth SAR 25.5 million (VAT inclusive) from the Saudi Ministry of Transport and Logistics Services.

 

The company said that the project includes transferring and operating road safety gear in Riyadh, expecting the relevant financial impact to appear in Q1 2024, according to a statement to Tadawul.

 

Future developments on this matter will be announced upon receipt of the signed final contract from all parties, the statement added.

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