Samsung C&T and Neom in $350m construction robotics deal

The JV will focus on automating rebar cage assembly using advanced robotic welding and tying techniques to enable the assembly of large, pre-manufactured reinforcement cages.

Neom said that the automation would reduce manual workforce hours by up to 80%, based on global average installation metrics for traditional construction methods.

The agreement will see rebar cage assembly factories established in Neom, creating more than 2,000 skilled jobs. The cages they are produce are expected to be used in the construction of the 170km-long linear city The Line.

Hojin Jung, president and head of corporate new business at Samsung C&T Corporation said, “We see tremendous potential in the collaboration with Neom, and we are excited to be at the forefront of developing construction automation technology. Together, we aim to revolutionize the construction industry by incorporating innovative robotics and automation solutions that will redefine the delivery of regional projects within Neom.”

Bandar Ashrour, sector head, design and construction at Neom, said, “Developing an advanced industrial manufacturing economy at NEOM represents a key step in our efforts to accelerate modern methods of construction across our major projects.”

The news follows an announcement earlier this month that Neom has entered into an investment agreement with GMT Robotics, which involves localising the technology for the robotic production of rebar cages in Neom-based factories.

Both deals were spearheaded by Neom’s investment arm, the Neom Investment Fund (NIF).