Alkhorayef Water wins SAR 115.3 mln maintenance, operation deal from Jeddah Municipality

18/05/2021 Argaam

Logo of Alkhorayef Water

Alkhorayef Water and Power Technologies Co. (AWPT) secured an operation and maintenance contract from Jeddah Municipality for the optimization of North Jeddah Storm Water Networks and Ground Water Level Reduction Networks.

 

The company said in a bourse statement that the contract was awarded on May 10, 2021, for a total value of SAR 115.32 million, including value-added tax.

 

The project has duration of 36 months starting from the day of site handover.

 

There are no related parties, the statement added.

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