NEOM, Samsung C&T Commit to World's Largest Deployment of Rebar Construction Automation Technology

The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
TT
20

NEOM, Samsung C&T Commit to World's Largest Deployment of Rebar Construction Automation Technology

The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA
The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia. SPA

NEOM, the sustainable development taking shape in the northwest of Saudi Arabia, has signed a joint venture (JV) agreement with Samsung C&T Corporation to unlock an initial investment of more than SAR1.3 billion in construction robotics.
According to a statement from NEOM, the agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia.
The JV aims to automate rebar cage assembly through advanced robotic welding and tying techniques, enabling the assembly of large, pre-manufactured reinforcement cages, said the statement.

Through automation, the adoption of rebar assembly technology can reduce manual workforce hours by up to 80%, based on global average installation metrics for traditional construction methods, improving safety and quality, reducing material waste, and reducing cage assembly costs by up to 40%.
"Sustainability at NEOM is a core principle that drives not only what we build, but how we build it. By automating labor-intensive processes through robotics, we are pushing the boundaries of construction innovation,” CEO of NEOM Investment Fund Majid Mufti said.
The agreement will establish rebar cage assembly factories in NEOM, creating more than 2,000 highly skilled job opportunities locally while meeting the extensive requirements for the construction of THE LINE and other key developments in the region.



GASTAT: Saudi Industrial Production Index Rises by 7.9% in June 2025

GASTAT: Saudi Industrial Production Index Rises by 7.9% in June 2025
TT
20

GASTAT: Saudi Industrial Production Index Rises by 7.9% in June 2025

GASTAT: Saudi Industrial Production Index Rises by 7.9% in June 2025

The Saudi Industrial Production Index increased by 7.9% in June 2025 compared to the same month the previous year, according to the Industrial Production Index bulletin issued by the General Authority for Statistics (GASTAT).

According to the bulletin, the mining and quarrying sub-index rose 6% year-on-year, while the manufacturing sub-index climbed by 11.1%.

The results also showed that the sub-index for electricity, gas, steam, and air conditioning supply grew by 5.6%, while the water supply, sewerage, waste management, and remediation activities sub-index recorded an increase of 6.9% compared to June of the previous year, SPA reported.

Based on main economic activities, the results indicated that the oil activities index rose by 7.7% in June 2025, while the non-oil activities index increased 8.6%.

GASTAT issues the Industrial Production Index on a monthly basis. This economic indicator reflects relative changes in the volume of industrial production based on data from the Industrial Production Survey, conducted on a sample of industrial establishments operating in targeted industrial activities, namely mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities.