Red Sea Housing, Aecom enter Saudi modular housing deal.
Red Sea Housing Services (RSHS) and Aecom have signed a memorandum of understanding (MoU) to collaborate in delivering innovative, modular affordable housing solutions on fast track basis for the Saudi Arabian market.
While RSH will manufacture and deliver the modular building units from its factory, Aecom will undertake the responsibility for designing, engineering, planning, and project managing these housing projects.
RSHS CEO William Ali Mills stated: "The collaboration between RSHS and Aecom will provide an ideal platform to deliver quality homes in the kingdom in a fast and efficient manner using our state-of-the-art technology, at affordable prices."
This engagement brings together Red Sea Housing's modular construction expertise - an innovative building technique that dramatically reduces construction time and delivers buildings at the highest levels of quality, with Aecom's expertise in sustainable and energy efficient construction solutions. Jointly the companies look to tackle the rising affordable housing crisis.
The main objective of the 12-month MoU is explore housing opportunities presented by the Ministry of Housing in Saudi Arabia, said a statement.
"We are delighted to have signed this MoU with Red Sea Housing Services", said Hamed Zaghw, chief executive, Aecom Middle East, "By combining our knowledge of the local market, solutions for affordable housing, and our design and programme management expertise, we will explore opportunities that support the priorities of the Ministry of Housing."
Red Sea Housing Services (RSHS) a global leader in high quality modular living and working environments for industrial and residential communities. RSHS sets up the infrastructure and facilities required for global companies to construct high quality, reliable, durable and tailored modular buildings, and housing units, including hotels, offices, accommodation units, utility services, telecommunications networks, catering and recreation facilities, from its manufacturing facilities in Saudi Arabia, UAE, Ghana, PNG and Malaysia.
A Fortune 500 company, Aecom is a leading global design firm. It provides professional technical services in the fields of engineering, consulting, planning, architecture, construction management, project management, asset management, and environmental services. - TradeArabia News Service
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|Publication:||TradeArabia (Manama, Bahrain)|
|Date:||Aug 22, 2017|
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