SAUDI ARABIA —Al Ashghal Al Moysra Co. has signed a SAR 16 million contract, with Saudi Arabia's Zakat, Tax and Customs Authority for the cleaning, maintenance and operation of customs administration buildings at Jeddah Islamic Port and its associated facilities, as well as facilities in Rabigh. The agreement was signed on 25 October 2026, following the project award announcement dated 25 August 2026. The contract has a duration of 36 months.
The scope covers operational cleaning and building maintenance services at customs facilities serving port-related activities in the two locations. The work is intended to support the upkeep and day-to-day operation of administrative premises associated with customs services. No additional breakdown of the contract value by location or individual service has been disclosed in the provided announcement.
The agreement gives Al Ashghal Al Moysra a defined, multi-year service engagement with a government authority responsible for customs, taxation and related regulatory functions in Saudi Arabia. Maintaining operational facilities at Jeddah Islamic Port and Rabigh is relevant to the wider logistics and trade ecosystem, where dependable administrative infrastructure supports customs processing and port operations. The contract concerns facilities management rather than port construction or expansion.
The company indicated that the project is expected to have a positive financial impact during 2027, 2028 and 2029. The 36-month term provides a basis for service revenue over the contract period, although the announcement does not specify the timing of revenue recognition, payment milestones, operating costs or expected profit margins. The disclosed contract value includes VAT and should therefore not be interpreted as net revenue or profit.
For service providers and investors, the agreement illustrates continued demand for outsourced cleaning, maintenance and operational support at public-sector facilities connected to Saudi Arabia's transport and trade infrastructure. The work may require consistent service delivery across multiple sites, making workforce deployment, maintenance standards and cost control important factors in execution. No additional subcontractors or related parties were identified in the announcement.
Al Ashghal Al Moysra Co. is the service provider named in the contract announcement. The Zakat, Tax and Customs Authority is a Saudi government body responsible for administering zakat, taxes and customs-related functions. The agreement brings the two entities together for the operation and upkeep of customs administration buildings at Jeddah Islamic Port and Rabigh over a three-year period.
