Safe World gets one-year extension for three agreements
Saind World Company announced the extension of three framework agreements with the Ministry of Finance for an additional year. These agreements include the supply of essential materials for vehicle panel manufacturing, such as aluminum, hot-stamp rolls, and reflective films. The aluminum agreement is extended until October 2027 with an estimated value of 136.38 million SAR. Meanwhile, the supply agreements for the reflective rolls and films are also extended until October 2027, with estimated costs of 8.98 million SAR and 68.12 million SAR, respectively. These agreements set the budget limits for future purchase orders, noting that they are not directly binding on the Ministry of Finance.
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