Announcement of the signing of a contract between Tawzea, one of SISCO Holding’s portfolio companies in the water sector and the National Water Company

Sustainable Infrastructure Holding Company (SISCO Holding) Announces the signing of a Contract Between the National Water Company and International Water Distribution Company (Tawzea), one of SISCO’s portfolio companies in the water sector.

Element ListExplanation
IntroductionIn reference to SISCO Holding's announcement regarding International Water Distribution Company (“Tawzea”) receiving a notification of award for the project to provide operation and maintenance services for the water network system and wells in Al Madinah Al Munawwarah region, from the National Water Company dated 02/06/1447H, corresponding to 23/11/2025G, the Company announces the signing of the contract. Tawzea is one of SISCO’s portfolio companies in the water sector, in which SISCO holds a 50% equity stake.
Date of Announcement of the Award2025-11-23 Corresponding to 1447-06-02
Contract Subject MatterProviding operation and maintenance services for the water network system and wells in Al Madinah Al Munawwarah region.
The Entity with Which the Contract was SignedNational Water Company
Date of Signing the Contract2026-01-29 Corresponding to 1447-08-10
Contract Value133,450,150.00 SAR (exclusive of VAT)
Contract DetailsTawzea will provide operation and maintenance services for water distribution networks and transmission pipelines across all related facilities, including main and secondary pipelines, reservoirs, pumping stations, and various types of valves, along with all other components connected to the water distribution systems. The scope also includes the operation and maintenance of the well systems and transmission pipelines with all their facilities main and secondary lines, reservoirs, pumping stations, and valve systems within Al Madinah Al Munawwarah region throughout the project duration.
Contract Duration36 Months
Financial Impact and the Relevant PeriodFinancial impact is expected to be reflected during 1st quarter of year 2026.
Related PartiesThere are no related parties
Additional InformationTawzea received the Agreement after it was signed by all the parties on 29-01-2026


01 / 02 / 2026 General