‎Tam Development bags SAR 14.8 mln contract from Tourism Authority

‎Tam Development bags SAR 14.8 mln contract from Tourism Authority

Tam Development Co. was awarded a contract worth SAR 14.83 million, inclusive of value-added tax (VAT), from the Saudi Tourism Authority.

The contract is expected to be signed on Oct. 15, 2023, and includes the provision of digital solutions and consulting services necessary to develop and operate the tourism services platform, Tam said in a statement to Tadawul.

The company received the award letter from the Saudi Tourism Authority on Sept.25, while the date of the award letter is Sept. 21.

There are no related parties involved in the contract, the statement said.