Saudi Public Transport Co.’s (SAPTCO) 50 percent owned affiliate, Saudi Emirates Integrated Transportation Co. (SETCO), has been awarded three school transportation contracts worth SAR 1.2 billion in Riyadh, Medina and Tabuk, the Saudi-listed firm said in a bourse statement.
The contracts have a term of four school years starting from 2019-2020.
The financial impact of the deal will be reflected starting from Q3 2019, the statement added.
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