Logo of audi Public Transport Co. (SAPTCO)
Saudi Public Transport Co. (SAPTCO) received a notification of a project award from Jazan Municipality to operate the public transport bus network in Jazan governorate (Jazan - Sabya - Abu Arish) for five years.
In a statement to Tadawul, SAPTCO said the project value is SAR 93 million (including 15% value-added tax).
The project will have a positive impact on the company's revenues from H2 2023, the statement said, adding there are no related parties to the deal.
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