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FINANCIAL NEWS
Saudi Transport Ministry signs USD532.72m contracts
08 Dec 2014
(MENAFN) The Saudi Ministry of Transport said that it has signed 46 contracts with a combined value of USD532.72 million related to work on several projects including maintenance, electrical work, computers, consultancy, study and designing and supervision, Arab News reported.
The ministry said that it has also previously signed contracts worth more than USD1.67 billion, which funds were allocated in the national budget of 2014.
“Until today we have signed contracts worth USD2.23 billion this year. We urge all contractors to complete their works on time following the required standard,” The Minister of Transport said.
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