Lana secures SAR 10.6M project from Health Ministry

Logo of Lana Medical Co.

Lana Medical Co. secured a SAR 10.59 million contract from the Ministry of Health to supply hazardous healthcare waste consumables and materials to King Saud Medical City (KSMC), it said in a filing to Tadawul.

The 60-month contract will commence following site handover and formal approval by the Ministry of Finance, in line with project documents, technical specifications, and the bill of quantities.

The project is a key step in Lana’s expansion strategy to offer integrated waste management solutions in the healthcare sector. It focuses on improving environmental service quality, applying global best practices, supporting national pollution-reduction and public health initiatives, and enhancing sustainability by minimizing environmental impact from waste transport and disposal.

The company expects the financial impact to appear in Q4 2025, adding that there are no related parties involved in the deal.

Lana said the contract reflects its ability to deliver large-scale projects in healthcare facilities to high technical and operational standards.

The deal supports its strategy to grow its leadership in Saudi Arabia’s environmental services sector and advance Vision 2030 sustainability goals.