Saudi Public Transport Co. (SAPTCO) signed on Wednesday a public bus-transport project contract worth 115 million Saudi riyals ($ 30.61 million) with Qassim Municipality, the company said in a statement to the Saudi stock exchange.

The five-year deal includes operating a public bus transport network in Buraydah city and Unaizah governorate.

Qassim Municipality notified the company of the five-year public bus transport project award in October 2022.

(Writing by D Madhura; Editing by Anoop Menon)