The Saudi Public Transport Company “SAPTCO” announced today, Sunday, the signing of a contract for the public transport project for buses in the capital of Dammam and in the Governorate of Qatif with the Municipality of the Eastern Province, for a value of 149, 61 million riyals, including value added tax at a rate of 15%.
“Saptco” declared in a statement on “Saudi Tadawul” that the term of the contract is 5 years.
He added that the project will have a positive impact on the company’s revenues starting in the first half of 2022.
The company had received a notification of the award of the public bus transport project in the Dammam metro and Qatif governorate with the municipality of the eastern province.
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