SAPTCO wins SAR 114M shuttle service contract in Madinah

Saudi Public Transport Co. (SAPTCO) received today, Dec. 8, a notice of award from the Madinah Region Development Authority (MRDA) for a shuttle transport project serving pilgrims in Madinah.

In a statement to Tadawul, SAPTCO said the project is valued at SAR 113.85 million, inclusive of VAT.

Under the one-year contract, the company will operate the shuttle service to support the transportation needs of pilgrims in the holy city. SAPTCO confirmed that no related parties are involved in the agreement.