09
Nov
13:14
Saudi’s G5PS inks water pipe contract
Dammam-based pipemaker Group Five Pipe Saudi (G5PS) has been awarded a new contract by Alkhorayef Water & Power Technologies Company to supply welded spiral steel pipe for water transportation. Its value is SAR 44.14 million ($11.78m), including VAT.
The pipe is required for the fifth phase of the Dammam City Water Quality Improvement Project, G5PS says in a bourse filing seen by Kallanish.
The contract duration is 540 days and the financial impact will …
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