Al-Khorayef Company for Water Technology and Energy “Al-Khorayef” announced the award of a contract with the Saudi Zakat, Tax and Customs Authority worth 60.969 million riyals, to operate, maintain and clean water plants, sewage treatment plants and their accessories at the authority’s land ports.
Al-Khorayef said in a statement on Saudi Tadawul today, Sunday, that the company will implement the operation, maintenance and cleanliness of water stations, sewage treatment plants and their attachments at land ports, for a period of 36 months.
The company expected that the financial impact of the project will be reflected in the fourth quarter of 2021.
It stated that it will announce any future developments in this regard at the time, especially after receiving the final copy of the contract, after it is signed by all concerned parties.
Al-Khorayef had signed 9 agreements with the National Water Company to implement water and sewage connections in 9 regions and sectors in the Kingdom.
The company said in a previous statement to “Saudi Tadawul”, that the value of the contract is about 316.6 million riyals, and the duration of it is 36 months.
The Riyadh region is divided into the Riyadh business unit, the Riyadh region is the southern unit, the Riyadh region is the northern unit, the Madinah region, the Makkah region is the Jeddah business unit, the eastern region is the central unit, the Qassim region, and the Hail region is in addition to the Tabuk region.