Hong Kong firm, Saudi partner aim to build 30,000 modular flats a year in Middle East
AluHouse and Saudi Arabian partner will build factory to produce prefabricated flats and meet rising demand for homes in the Middle East
A Hong Kong-based modular construction leader is expanding into the Middle East, becoming the first such manufacturer from the city to set up a factory in Saudi Arabia, with plans to produce 30,000 prefabricated flats a year as early as 2027 to meet rising demand, the Post has learned.
The expansion by AluHouse is being fuelled by large-scale transformation under Saudi Arabia’s Vision 2030, a plan to aggressively modernise the kingdom and diversify its economy beyond oil.
The technique employs free-standing, integrated modules produced at a mainland Chinese factory, which undergo quality inspections before being installed on-site.
“We have signed a memorandum of understanding [MOU] with a local Saudi partner, confirming our commitment to invest in and construct a factory producing MiC units there,” AluHouse chairman Eric Kwong said in an interview with the Post.
He added that the factory would cover about 300,000 square metres (3.2 million sq ft) in total, with an investment value in the hundreds of millions of Hong Kong dollars.