NEOM, the sustainable region taking shape in northwest Saudi Arabia, has signed a landmark investment agreement with GMT Robotics, one of Europe’s emerging innovators in advanced construction technology.
Led by NEOM’s strategic investment arm, NEOM Investment Fund (NIF), the investment will accelerate the delivery of the region’s expansive capital project program through construction robotics, while underpinning NEOM as an innovator in modern construction techniques, including automation.
Majid Mufti, CEO of NEOM Investment Fund, says: “Our investment in GMT Robotics reflects NEOM’s commitment to driving transformative technologies that will unlock next-generation industries. [Read more…] about Saudi Arabia invests in automated construction startup GMT Robotics