Hong Kong firm, Saudi partner aim to build 30,000 modular flats a year in 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. Founded in 2014,...