Alkhorayef Announces Awarding of Contract with National Water Company in Jeddah City

Alkhorayef Water and Power Technologies Co. announced on Monday the awarding of contract for operation and maintenance of water sector for 60 months with National Water Company in Jeddah City with a value of SR228,166,000.00.

Alkhorayef Water and Power Technologies Co. said it will perform the works operation and maintenance of water sector for 60 months with in Jeddah City.

The company said that there are no related parties and the financial impact is expected to take place during 3rd quarter of year 2022.

The company will announce any future developments in this regard at the time, especially after receiving the final version of the agreement contract signed by all parties concerned.