Alkhorayef Water signs SAR 175.9 mln sewage works deal with National Water

23/03/2021 Argaam

Logo of Alkhorayef Water and Power Technologies Co.

Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with National Water Co. (NWC) for the construction of sewage networks in TAIF Phase 1 for a total value of SAR 175.9 million.

 

The company said in a bourse statement that the contract period is 36 months from the date of handover of work site.

 

The financial impact of the project is expected to begin in the second quarter of 2021.

There are no related parties to the contract.

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