Al-Khorayef obtains a contract from the National Water Company for 33.5 million riyals

Al-Khorayef Water and Energy Technology Company announced the awarding of a contract for the operation and maintenance of water networks, stations, wells and their accessories in the cities of Hafr Al-Batin and Qaisumah with the National Water Company, at a value of 33.49 million riyals, excluding VAT.

The company said in a statement on “Saudi Arabia’s Tadawul” today, Monday, that it will carry out the operation and maintenance of water networks, stations, wells and their accessories in the cities of Hafr Al-Batin and Qaisumah, for a period of 36 months.

She added that the financial impact of the project is expected to be reflected in the second quarter of 2023.

The company indicated that it will announce any future developments in this regard in a timely manner, especially after receiving the final version of the contract, after it has been signed by all concerned parties.