SISCO announces project award between National Water and International Water Distribution by SAR 34.4 million

SISCO Company announced a project awarding notification between the National Water Company and International Water Distribution Company (“Tawzea”), a SISCO’s portfolio company in the water sector, which SISCO owns 50% of the shares.

The company stated that the objective of the project is to operate and maintain the wastewater treatment plants in the cities of Dammam and Khobar.

The Contract Period is 18 months, and the financial impact is expected to take place during 4th quarter of year 2023.