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Consortium including unit of SISCO, Amiantit awarded $106.66mln project in Saudi


Saudi Industrial Services Company (SISCO) has announced a project awarding to a consortium in which one of its subsidiaries participates. The subsidiary is the International Water Distribution Company (Tawzea) and it is equally owned by SISCO and the Saudi Arabian Amiantit Company.

The consortium consists of three companies, namely Aqualia Spain Co., Tawzea Co., and Alhaj Abdullah Ali Riza Co.

The seven-year project is valued at SAR 400.16 million and Tawzea owns 39% of the project company to implement the contract, according to a bourse filing on Sunday.

Read the full story at Zawya