China Bester Group Telecom Co announced on Monday that its Saudi subsidiary Raifah Contracting Company has signed a road monitoring project contract worth about 132 million Yuan ($18.77 million) with Saudi Arabia's Prime Gate.
Rafiah Contracting will implement the contract signed between Prime Gate and state-owned Saudi Technology and Security Comprehensive Control Co. (Tahakom) for the installation, testing, operation and maintenance of road monitoring equipment and related communication infrastructure, according to a stock exchange statement by China Bester Group Telecom.
(Writing by Madhura Deulgaonkar; Editing by Anoop Menon)
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