Rawasi Albina awards SAR 35.9M contract for sewage networks

31/07/2024 Argaam
Logo ofRawasi Albina Investment Co.

Logo of Rawasi Albina Investment Co. 

Rawasi Albina Investment Co. signed today, July 31, a contract with Pillar Arabian Co. to complete the sewage networks in Dhurma (Phase One) for SAR 35.94 million, inclusive of VAT.

 

In a statement to Tadawul, the company said the contract duration is 24 months, noting that there are no related parties to the deal.

 

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The contract’s positive financial impact is expected to be reflected during 2025 and until the first half of 2026, the statement added.

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