The Saudi Public Transport Company (SAPTCO) signed on Monday a contract for the public transport project by buses in the city of Taif with the Municipality of Taif Governorate, worth 88 million riyals (including 15% value-added tax).
The company added in a statement on Tadawul that the duration of the contract is 5 years, indicating that the impact of the contract will be positive on the company's revenues starting from the first half of 2023.
According to data available , SAPTCO announced last September that it had received a notice of the award of the public bus transport project in Taif with the Taif Governorate Municipality.
