Amiantit, based in Saudi Arabia, and a leader in providing diversified pipe and water solutions across the globe, has reported that one of its affiliates, as part of a consortium, has been awarded a significant contract to operate, manage and maintain water and environmental treatment services in the northern sector of Saudi Arabia, informs Trade Arabia.
In its filing to the Saudi Stock Exchange Tawadul, Amiantit said that the National Water Company (NWC) had awarded the International Water Distribution Company Limited (Tawzea), 50 per cent owned by Amiantit, and its consortium partners Aqualia and Alhaj Abdullah Ali Riza Company (Haaco) a SR400.16 million ($106.16 million) project.
The consortium will manage the operation and maintenance of water and environmental treatment services in the northern sector by raising operational efficiency, technical knowledge, quality and availability of services and maintenance requirements in the sector under a seven-year contract.
