The Jazan Regional Municipality has awarded an SR93-million ($24 million) contract to the Saudi Public Transport Co. (SAPTCO) to operate the public transport network in the province.
SAPTCO said the five-year project includes operating the new network, improving the connectivity in cities Jazan, Sabya and Abu Arish. The projected is also expected to reflect positively on the firm’s revenues during the second quarter of 2023.
The development comes close on the heels of the company launching a public bus transport project in Dammam and Qatif.
The Dammam transport project, signed for five years, is valued at SR149.6 million and serves a network of different lines in Dammam, Khobar, Dhahran and Qatif.
Last month, the company signed a five-year transportation contract worth SR115 million with Qassim Municipality to operate a public bus transport network in Buraydah and Unaizah governorates.
Last September, Taif Municipality awarded the transporter an SR88-million bus project with Taif Municipality.