Malaysia’s SIBS Lands Monumental Saudi Contract

Scandinavian Industrialized Building System (SIBS), a global powerhouse in modular home manufacturing based in Malaysia, has secured a significant contract for Saudi Arabia’s ambitious NEOM project. They will construct 2,174 apartments across 35 buildings in what is heralded as a groundbreaking sustainable city development​.

NEOM, nestled in Saudi Arabia’s northwest, stands as one of the world’s most extensive urbanization endeavors. This visionary city aims to redefine the concept of urban living, merging world-leading innovation with sustainability. It marks a turning point in how we approach development, placing the emphasis firmly on a greener, more sustainable future​.

SIBS is set to play a pivotal role in this innovative venture. The Malaysian firm will establish homes within NEOM’s primary staff accommodation and office cluster, providing high-quality residences for the city’s planning, engineering, and construction staff. These apartments, both one and two-bedroom layouts, will come equipped with designer kitchens, exclusive bathrooms, and balconies, showcasing the high living standards NEOM intends to foster​.

In addition, the buildings will feature solar panels on their roofs, demonstrating a firm commitment to renewable energy and efficient building solutions. This initiative aligns with the global trend towards green energy and underlines NEOM’s dedication to sustainable urban living. The project’s timeline indicates that these turn-key buildings will be ready for occupancy by Q3 next year​.

Erik Thomaeus, CEO of SIBS, expressed a profound sense of pride in winning this contract. He emphasized that SIBS’s selection as a supplier for NEOM validates the company’s global standing. “We have the competence and delivery strength that few in the world can match,” he said. Thomaeus also shared his anticipation about contributing to the evolution of NEOM into an international hub for innovation, business, and sustainable development​.

This remarkable partnership promises to set a precedent for future city developments, proving that it is possible to harmonize innovation, high living standards, and sustainability. As SIBS gears up to commence work on this milestone project, the world will undoubtedly be watching.


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