Alkhorayef Water wins SAR 39.4M project with ZATCA

08/10/2024 Argaam
Logo ofAlkhorayef Water and Power Technologies Co.

Logo of Alkhorayef Water and Power Technologies Co.

Alkhorayef Water and Power Technologies Co. won on Oct. 7 a contract worth SAR 39.4 million, excluding VAT, with the Zakat, Tax, and Customs Authority (ZATCA).

 

For more news and details on the projects

 

The scope of the contract includes the operation, maintenance and cleaning of water stations, wastewater treatment plants, and their accessories at land ports, Alkhorayef Water said in a statement to Tadawul.

 

The company expects the project’s financial impact to show by the first quarter of 2025.

 

It noted that any future developments in this regard will be announced in due course, especially after receiving the final version of the contract signed by all parties concerned.

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