SAPTCO gets award notification for SAR 149.6 mln public bus transport project

12/01/2022 Argaam

Logo of Saudi Public Transport Co.

Saudi Public Transport Co. (SAPTCO) announced that it received a notification of awarding a project with the Eastern Province Municipality for the public bus transport project in Dammam and Al-Qatif governorate, for a period of five years.

 

The company said in a bourse statement that the project value is SAR 149.6 million, including value-added tax (VAT) at 15%.

 

The project will have a positive impact on the company's revenues in the first half of 2022.

 

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