BATC Investment and Logistics Company announces that its subsidiary (the Saudi Transport and Investment Company “Mubarrad” has signed a product transportation contract with the National Agricultural Development Company “NADEC”)
| Element List | Explanation |
|---|---|
| Introduction | BATC Investment and Logistics Company announces that its subsidiary (the Saudi Transport and Investment Company “Mubarrad” has signed a product transportation contract with the National Agricultural Development Company “NADEC”) |
| Date of Announcement of the Award | 2024-03-28 Corresponding to 1445-09-18 |
| Contract Subject Matter | Transportation of Products Contract By and Between MUBARRAD And Nadec |
| The Entity with Which the Contract was Signed | National Agricultural Development Co."NADEC" |
| Date of Signing the Contract | 2024-03-28 Corresponding to 1445-09-18 |
| Contract Value | The total contract value for the three-year period amounts to 32,221,800 Saudi riyals. |
| Contract Details | Transport NADEC company refrigerated, non-refrigerated, and dry products,
through MUBBARAD fleet ( Trucks and trailers ) from and within Saudi Arabia to serve its customers in local, GCC, and other Arabian countries markets |
| Contract Duration | Three years, commencing on January 2024 and ending in December 2026. |
| Financial Impact and the Relevant Period | The financial impact on the company will be reflected throughout the three-year contract period, starting from January 2024 until December 2026. |
| Related Parties | NON |
| Additional Information | The signature of the contract were completed, and received at the end of Thursday, March 28, 2024 |
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