Logo of Saudi Public Transport Co. (SAPTCO)
The Saudi Public Transport Co. (SAPTCO) announced signing a contract worth SAR 88 million including a 15% value-added tax with Taif Municipality for bus transport project in Taif city.
In a statement to Tadawul, the project will have a positive impact on the company's revenues in the first half of 2023.
The deal does not have any related parties.
On Sept. 27, SAPTCO said it received a notification from Taif Municipality on awarding a public bus transport project valued at SAR 88 million in Taif city, according to data available with Argaam.
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