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Gulf Development International (GDI), a UK-based property developer commits to building one of the world’s largest volumetric modular construction plants in Neom, Saudia Arabia.
The US$1 billion project is scheduled to be built on a 1.4-million Sq m site, and when fully operational the factory in Saudi Arabia will be capable of producing up to 12,500 modular units per year.
The factory in Neom is forecast to employ nearly 2,200 people with a clear focus on developing skilled, high-tech jobs, and developing opportunities and training for Saudi citizens.
Neom CEO, Nadhmi Al Nasr, said: “I am proud to welcome GDI to our global project, where we are building our communities with the most advanced technologies and modern methods of construction.”
“This partnership touches on all of Neom’s pillars: allowing us to build a community of exceptional livability, where innovative businesses like GDI can thrive while reinventing industry,” he added.
In January 2021, Mohammed bin Salman, the crown prince of Saudi Arabia, unveiled plans for a 100-mile belt of zero-energy walkable communities for a million people, and the new modular construction plant is said to underpin the delivery of these plans.
The linear city will have no cars or streets, with all residents living within a five-minute walk of essential facilities.
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The modular construction project is part of Saudi Arabia’s Vision 2030 drive to diversify its economy and become less reliant on oil. The area will be populated by more robots than people, and powered by solar panels and wind farms.
Production is scheduled to begin in late 2020
See: gulfdevelopmentinternational.com
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