SMASCO wins SAR 84.8M project from HRSD Ministry

Saudi Manpower Solutions Co.’s (SMASCO) subsidiary, Saudi Logistic Services Co., has been awarded a project by the Ministry of Human Resources and Social Development (HRSD) worth an estimated SAR 84.8 million, including value-added tax.

In a statement to Tadawul, SMASCO said the agreement spans two years and aims to provide and operate shelters for runaway and non-compliant domestic workers.

The company expects to sign the contract on Dec. 25, 2024, and confirmed that there are no related parties involved in the deal.