Neom Investment Fund (NIF) has signed an investment agreement with GMT Robotics, a European company specializing in construction automation and robot manufacturing. This will optimize the implementation of the project to build a metropolis of the future in the desert.
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Neom’s press release refers to a “landmark investment deal” without disclosing details of the deal.
The Neom project involves the development of territories in the northwest of Saudi Arabia in the administrative district of Tabuk, the construction of the “city of the future” The Line and the twin Epicon skyscrapers.
The New Atlas publication highlights that the construction of a project as ambitious as Neom requires a huge investment in both materials and human resources. The transition to automated robotics is expected to reduce both.
Neom’s press release notes that GMT Robotics systems reduce the need for on-site labor by an average of 90% through pre-assembly.
“Innovative robotic systems for the assembly and processing of reinforcing cages [GMT Robotics] provide significant improvements in workplace efficiency and safety for the construction industry,” he said.
Neom has not yet revealed GMT Robotics’ role in the project, but it is clear that the focus will be on the production and use of accessories. Neom consumes around 20% of the world’s steel supply.
In August it became known that Saudi Arabia took 2 million photographs and 70,000 videos of the Neom metropolis to attract investors.
Photo: Neom
Author:
Akhmed Sadulayev
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.