UK-based sports data, services and software company 4GLOBAL PLC (AIM:4GBL) has been awarded two contracts with a combined value of over £800,000 in the Kingdom of Saudi Arabia (KSA), with the majority of the work scheduled for completion within the current financial year.
One client in Saudi Arabia has enlisted the services of 4GLOBAL to assess the value and operational viability of several sporting facilities in the region with a focus on expanding sports participation. The client is looking to tap public investment for the facilities.
The second award is with a new partner within the region for which 4GLOBAL is set to deliver a comprehensive solution offering valuable insights into the feasibility of investing in sports facilities and the potential return on investment.
This solution aims to enhance the overall return on investment by enhancing aspects such as facilities, programmes and events.
"We are delighted to have been awarded the two additional contracts in KSA,” commented Eloy Mazon, 4GLOBAL's chief executive. “This is a significant achievement and a testament to our commitment to excellence and our strong presence in this region.
“Securing these contracts underscores the robustness of our international expansion strategy and the value our existing and potential customers see in gaining access to our data (DataHub) and insight solutions that are critical to them to make the right decisions at the right time.
“The board is confident that we are trading in line with market expectations for the current financial year.”