AWPT wins SAR 93.6M contract from Jeddah Municipality

04:24 PM (Mecca time) Argaam
Logo of​Alkhorayef Water and Power Technologies Co. (AWPT)

Logo of ​Alkhorayef Water and Power Technologies Co. (AWPT)

Alkhorayef Water and Power Technologies Co. (AWPT) won a contract worth SAR 93.59 million (excluding VAT) from Jeddah Municipality for the operation and cleaning of stormwater and surface water networks in Airport sub-municipality 20043-(MA).

 

Under the contract, AWPT will clean stormwater and surface water networks in Airport sub-municipality 20043-(MA) within 60 months, according to a statement to Tadawul.

 

The company expects the related financial impact to take place during the second quarter of 2026.

 

AWPT also said that it will announce any future developments in this regard at the appropriate time, particularly after receiving the final version of the agreement signed by all concerned parties.

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