SAPTCO unit to operate Riyadh bus network in Q2-19

Riyadh – Mubasher: Saudi Public Transport’s (SAPTCO) subsidiary, Public Transport Co. (PTC), will commence the actual operation of the buses network in Riyadh in the second quarter of 2019.

Work plans will be set after coordination between the concerned parties, upon which the financial impact will be determined, according to a bourse filing on Wednesday.

In 3 March 2015, the company signed contracts to supply 956 buses at a value of SAR 1.42 billion to implement the services of King Abdulaziz Project for Public Transport in Riyadh.

Mubasher Contribution Time: 26-Oct-2016 10:51 (GMT)
Mubasher Last Update Time: 26-Oct-2016 10:51 (GMT)