Equipment House awarded SAR 75.2M project for King Faisal Hospital in Madinah

04/03/2024 Argaam

Equipment House awarded SAR 75.2M project for King Faisal Hospital in Madinah

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

Scientific and Medical Equipment House Co. (Equipment House) received, on March 3, a project award letter to provide non-medical operation and maintenance services for King Faisal Specialist Hospital and Research Center in Madinah, at a value of SAR 75.2 million (including VAT).

 

The project is among the company’s existing projects and was re-awarded to the company under a new contract, according to Tadawul statement.

 

The project’s implementation period is three years, the statement added, expecting the financial impact of the project to begin in Q2 2024.

 

The project will be implemented in three years, the statement added, expecting the financial impact to begin in Q2 2024.

 

There are no related parties to the deal.

 

Equipment House will announce any future developments in due course, after the final version of the contract is signed by all relevant parties and a copy is received.

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