Equipment House signs SAR 25.5 mln contract with Transport Ministry

14/11/2023 Argaam

Equipment House signs SAR 25.5 mln contract with Transport Ministry

Logo of Scientific & Medical Equipment House Co. (Equipment House) 

Scientific & Medical Equipment House Co. (Equipment House) signed a contract with the Ministry of Transport and Logistics Services for the transportation and operation of road safety devices and equipment in Riyadh region at a total value of SAR 25.5 million (inclusive of VAT).  

 

The one-year contract was signed on Nov. 13, the company said in a statement to Tadawul, expecting a positive financial impact during the first quarter of 2024.

 

There are no related parties to the deal, Equipment House added.

 

Earlier this month, the company won a contract from the Saudi Ministry of Transport and Logistics Services for transferring and operating road safety gear in Riyadh, Argaam earlier reported.

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