Group Five Pipe Saudi Co. Announces Contract Sign Off with Saline Water Conversion Corporation (SWCC).
| Element List | Explanation |
|---|---|
| Introduction | Group Five Pipe Saudi Co. announces Contract Sign Off of the Ras Al-Khair water transportation system project to Riyadh with Saline Water Conversion Corporation (SWCC). |
| Date of Announcement of the Award | 2023-11-02 Corresponding to 1445-04-18 |
| Contract Subject Matter | Manufacture and supply spiral-welded steel pipes for transporting Ras Al-Khair water to Riyadh. |
| The Entity with Which the Contract was Signed | Saline Water Conversion Corporation (SWCC). |
| Date of Signing the Contract | 2024-03-24 Corresponding to 1445-09-14 |
| Contract Value | Around 3 billion SAR
Including value added tax |
| Contract Details | Manufacture and supply spiral-welded steel pipes for transporting Ras Al-Khair water to Riyadh. |
| Contract Duration | 22 months |
| Financial Impact and the Relevant Period | The financial impact will be reflected starting from the third quarter of the fiscal year 2024. |
| Related Parties | No related parties |
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