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Saudi Public Transport Company (SAPTCO) has won a contract from Jazan Municipality to operate a public transport bus network in Jazan governorate (Jazan, Sabya and Abu Arish) for five years.
The contract is valued at 93 million Saudi riyals ($24.79 million), the company said in a statement to the Saudi stock exchange on Tuesday.
In March, the company signed a public bus transport project contract worth SAR 115 million ($ 30.61 million) with Qassim Municipality.
(Writing by D Madhura; Editing by Anoop Menon)