Sunday 16 June 2024

Alwasail wins supply contract for NHC residential projects

RIYADH, 24 days ago

Saudi-based Alwasail Industrial Company has announced that it has secured a major supply contract from National Housing Company (NHC) for its key residential projects.
An industrial machinery manufacturing company, Alwasail is a leading manufacturer of polyethylene pipes and fittings, mainly for irrigation, telecom, drinking water, and firefighting networks, gas, and oil transport systems.
It also produces rubber products and foam through its affiliate company Saudi Rubber Products (SRP).
The entire supply of the infrastructure products will be completed with one year, said Alwasail Industrial Company in its filing to Saudi bourse Tadawul.
On the financial impact, the Saudi group said it will help increase the market share by supporting the kkey infrastructure works of National Housing Company, it added.-TradeArabia News Service


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