Saudi’s East Pipes Co. Signs $62.6 million Contract

East Pipes Integrated Company for Industry, Saudi Arabia announced in a statement that it has signed a new Contract with Esnad Al-Turuq for General Contracting.

The value of the contract is over SAR 235 million.

As per the contract, the Company will perform manufacturing, supply steel pipes and coating. The duration of the contract is 24months.

The financial impact of the contract will be reflected in 4th Quarter of financial year 2024/2025, till 3rd Quarter of financial year 2026/2027, statement mentioned.