Logo of Saudi Azm for Communication and Information Technology Co.
Saudi Azm for Communication and Information Technology Co. signed on Sept. 11 a contract with the National Center for Government Resource Systems (NCGR) to develop digital portals and smart applications for the ministry, at a value of SAR 16.51 million.
The contract spans 24 months, starting from the date of signing, the company said in a statement to Tadawul.
The project aims to build and develop smart platforms and business solutions for various government agencies and the private sector, to enable digital transformation. It includes several basic services such as contract management, budget and payments, tender management and procurements, financial rights, in addition to many services related to government resources.
In response to these objectives, Saudi Azm will provide support services along with an experienced team at the NCGR headquarters, according to its mechanisms and requirements.
The contract is expected to have a positive financial impact on the 2023 and 2024 financial results, the statement noted, adding that the necessary signatures were completed and a hard copy of the contract was received on Sept. 14.
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