Saudi Arabia: Ready-mix concrete producer Asas Al-Mohileb has secured a contract with the development company for the upcoming Neom new city in Tabuk Province. Asas Al-Mohileb will build a US$186m, 20,000m3/yr ready-mix concrete production complex at the Neom site, to supply concrete for the Line commercial and residential development in the city. The ‘high-tech’ complex will begin to produce concrete in November 2024. When fully operational in 2025, it will employ 500 people.
Construction of foundations for the Line is currently underway, with 1000 of an eventual 30,000 precast concrete piles already in place.
Asas Al-Mohileb CEO Sulaiman Al-Mohileb said “This partnership emphasises our firm commitment to advancing economic growth in the Kingdom by employing the latest technologies and innovative construction solutions. We are dedicated to adopting sustainable practices that align with the goals of Saudi Vision 2030, which focus on empowering the manufacturing sector and enhancing its role in driving the Kingdom’s broader development objectives.”
Neom CEO Nadhmi Al-Nasr said “The delivery of these concrete plants is another testament to the rapid progress happening at Neom. It also underscores the strength of the kingdom’s construction industry, and the critical role local partnerships play in delivering this transformational project efficiently and sustainably. We are proud to partner with local contractors and appreciate their contribution to Neom’s advancement across our portfolio of projects, fulfilling Neom's goal of becoming a hub for local industry leaders and entrepreneurs in support of Saudi Vision 2030.”
