SIBS secures multi-billion ringgit project


An artist’s impression of the Neom project comprising 2,174 apartment units across 35 buildings.

KUALA LUMPUR: SIBS, one of the world’s leaders in modular construction technology, has secured a multi-billion ringgit contract to deliver 2,174 apartments to Neom – one of the largest urbanisation projects in north-west Saudi Arabia.

The project in the form of turn-key buildings from a finalised bottom slab upwards will be delivered and commissioned by 3Q24.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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