Sany Alameriah is primarily engaged in general construction work, infrastructure, design and build services, as well as real estate development. Credit: Photo by Sidekix Media / Unsplash.

Sany Alameriah For Construction Company has contracted MGB Berhad to design and build 10,000 residential units in Jeddah, Saudi Arabia, reported TradeArabia.

Under the memorandum of understanding (MoU) signed at LBS headquarters in Petaling Jaya’s Plaza Seri Setia recently, MGB Berhad has been appointed by Sany Alameriah to build up to 10,000 units.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This $665m (SAR2.5bn) housing project, which will be developed as part of the Sakani housing programme of the Saudi Arabian Government, will be completed in five years.

Sany Alameriah is a joint venture (JV) between two Saudi firms – heavy equipment manufacturer Sany and developer Alameriah.

The JV is primarily engaged in general construction work, infrastructure, design and build services, real estate development, as well as in the production of precast concrete products.

See Also:

In addition to the housing units, Sany Alameriah is planning to team up with MGB to run a precast concrete factory in Jeddah, reported Zawya.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This factory will be able to supply 1,000,000m³ of precast concrete components for building housing units.

MGB executive vice-chairman Tan Sri Lim Hock San was quoted by TradeArabia as saying: “We look towards progressing leaps and bounds, driven by the use of our IBS Precast technology.

“The MoU with such a renowned developer marks a major milestone for us as we begin to tap into the Middle East market.”

MGB executive vice-chairman Tan Sri Lim Hock San signed the agreement with Sany Alameriah chairman Bandar Mohammad Al Amre.

Hock San said that IBS precast has gradually gained acceptance within the construction sector due to superior building quality, more productivity, and increased efficiency.