SAPTCO renews government transport contract for 1 year

15/10/2020 Argaam

Saudi Public Transport Co. (SAPTCO), provider of local inter-city transportation services in the Kingdom, renewed its contract with the government for one year, the company said in a statement to Tadawul.

 

The Saudi cabinet approved the renewal today, Oct.15, which will take effect from Feb. 13, 2021.

 

The financial impact is difficult to determine at present, SAPTCO said, noting that it will be announced once the resulting amounts are calculated.

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