SIBS, one of the world’s leading companies in modular construction technology company, has been awarded a new contract to deliver an additional 1,300 apartments to a large-scale residential project in NEOM, a new city coming up in northwestern Saudi Arabia. SIBS is the sole supplier chosen for this project and this is the second order for SIBS to NEOM in less than four months, the company said.
The latest contract, a design and build one, includes the design, production, logistics, assembly, and finalisation of 1,300 apartments spread across 22 buildings, totalling approximately 100 000 sq m GFA.
SIBS will deliver turn-key buildings from a finalised bottom slab upwards. The entire project will be commissioned and delivered by Q4 2024.
The buildings consist of one- and two-bedroom high-standard apartments equipped with designed kitchens, exclusive bathrooms, and balconies to each apartment. Solar panels on the roofs and low-energy building materials, together with our modular building system which ensure 90 per cent completion ahead of delivery to the construction site, make the buildings highly energy efficient.
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