Scientific & Medical Equipment House Co. (Contracting sector), announces that it has received a letter from the Ministry of Transport and Logistics Services on 05-11-2023 AD corresponding to 21-04-1445 AH, approving the award of a project for the transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services for a total amount of SAR (25,490,003) including VAT.
Date of Award
2023-10-06 Corresponding to 1445-03-21
Project Value
(25,490,003) SAR inclusive VAT.
Project Details
The project of transportation, implementation, and operation of specialized devices and equipment for roads safety in Riyadh region with the Ministry of Transport and Logistics Services for a total amount of SAR (25,490,003) including VAT., and its implementation period (1) one Year.
Related Parties
No related parties
It is expected that the financial impact of the project will be reflected during the First Quarter of the fiscal year 2024.
The company will announce any future developments in this regard in due course, especially after receiving the final copy of the contract and after signing it from all concerned parties.
