Saudi Arabia’s Neom has entered a joint venture with Samsung C&T Corporation, supported by the Neom Investment Fund (NIF), to invest over SAR 1.3 bln (USD 345.7 mln) in construction robotics.
The partnership focuses on automating rebar cage assembly using advanced robotic welding and tying techniques to produce large, pre-manufactured reinforcement cages. This technology is expected to cut manual labor hours by up to 80pct, reduce material waste, enhance safety and quality, and lower assembly costs by up to 40pct, based on global benchmarks.
The agreement includes establishing rebar cage assembly factories in Neom, creating over 2,000 skilled jobs locally while supporting construction projects like The Line and other key developments. Neom highlighted that advancements in automated rebar technology will boost efficiency and productivity in the global construction sector, driven by growing demand for rebar fabrication.
1 USD / 3.75 SAR
