Source: AME Info

The International Company for Water Distribution, Tawze'e, a 50/50 percent joint venture between Amiantit and CISCO, has been awarded three water management contracts for BOT (Build, Operate, Transfer) projects by the Saudi Organization for the Industrial Cities and Technical Areas.

The total value of the three award wins, including structural and operational costs, is approximately 3 billion Saudi Riyals (US$ 799,930,281) over the 30-year time period of the contracts. The official signing ceremony is scheduled to take place next month.

Full Story...

Posted by pichu at June 26, 2007 10:42 PM