Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a key operation and maintenance services contract from Jeddah Amana Municipality.

The scope of work includes cleaning up the stormwater and surface water networks in the sub-municipalities of South and Al Malisa in the Saudi port city, said Alkhorayef Water and Power Technologies Company in its filing to Saudi bourse Tadawul. 

The SAR108.4 million ($29 million) contract is for a period of five years.

On the financial impact, the Saudi company said as a result of the purchase order it is expected to take place during the Q3.

This is Alkhorayef's second win from Jeddah Amana Municipality in February. Early this month, it sealed the O&M contract for rain water networks in sub-municipalities Al Balad, Al Jami’ah and Umm Al Salam

Under the SAR155 million contract, Alkhorayef will carry out the cleaning operation of closed canals and open canals for a period of five years.

Also this month, Alkhorayef won a similar contract from National Water Company to provide operation and maintenance of water and wastewater networks in Hafer Al Batin Governorate.-TradeArabia News Service