East Pipes Integrated Company for Industry, Saudi Arabia announced in a statement that it has awarded a new Contract from Saline Water Conversion Corporation (SWCC).
The value of the contract is SAR 497 million (USD 132.5 million().
As per the contract, the Company will Supplying steel pipes for water uses. The duration of the contract is 365 days.
The financial impact of this contract is expected to be materialized in the fiscal year 2022 – 2023, statement mentioned.
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