The Clap
The International Water Distribution Company, owned by “Amiantit” and “SISCO,”
has secured a project from the National Water Company worth approximately 199.5 million riyals.
What
The project aims to operate and maintain the water network and its annexes in the Mecca region and its affiliated governorates.
So What
The ownership of the Distribution Company is equally divided between “Amiantit” (2160) and “SISCO” (2190).
Now What
The contract duration is 60 months, and the financial impact of the project is expected to be reflected in the first quarter of the coming year.
