Tam Development awarded project with Ministry of Tourism for SAR3.2 mln

Tam Development Company announced on Monday that it had received the letter of award from the Ministry of Tourism, at a value of 3,273,532.50 SAR, including VAT, to provide consulting services to develop the tourism sector.

Financial impact is expected to be on Q4 of 2023, and Q1 of 2024.

The initial award was received on (7/8/2023), and TAM was notified of the final award from the client through email during a weekend day on (19/8/2023).