AlBawani and Samsung Sign Strategic MoU to collaborate on Construction Innovation and Digital Integration

 Ain Alalam – Rashad Iskandrni

AlBawani Construction Company, one of the Kingdom’s leading construction firms, and Samsung, the global technology leader, have signed a milestone (MoU) to explore strategic collaboration opportunities in smart construction technologies and infrastructure development.

The MoU establishes a framework for both companies to cooperate on knowledge exchange, and integrated technology solutions aimed at driving the next generation of smart buildings and infrastructure projects across the region.

Eng. Fakher AlShawaf, GCEO of AlBawani Holding Company said: “This partnership with Samsung marks a significant milestone for AlBawani as we continue to pursue our vision of building future-ready and tech-enabled infrastructure across the Kingdom.”

President of Samsung Electronics Saudi Arabia Mr. Hendrick Lee added, “We are excited to collaborate with AlBawani, a company with a proven track record in large-scale and iconic projects. This MoU opens doors to introduce Samsung’s smart technologies and sustainable solutions into key construction initiatives in Saudi Arabia.”

The MoU signals a mutual commitment to explore areas such as smart building management systems, energy-efficient technologies, and integrated digital platforms that enhance operational efficiency and user experience.

The partnership supports Saudi Arabia’s Vision 2030 goals, particularly in developing world-class infrastructure and promoting technology-driven transformation.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For the latest news, please visit the Samsung Newsroom at news.samsung.com

About AlBawani Co. Ltd

Established in 1991, AlBawani Co. Ltd. (ABCC), a subsidiary of AlBawani Holding Company, has grown from a modest civil works firm into a premier construction firm, in the Kingdom of Saudi Arabia.

Boasting a diverse and substantial portfolio, robust financial stability, and a prominent footprint across various industries, our construction division is now ranked among the top three contractors in the Kingdom.

A leading force in the construction and infrastructure sectors in the Kingdom of Saudi Arabia. Through its diverse portfolio of subsidiaries, the company delivers integrated, end-to-end solutions across the entire construction value chain. With expertise spanning Construction, Water and Pipelines, Technology, MEP, Facility Management, Energy, Investment, and Public-Private Partnership (PPP) development, AlBawani Holding is committed to building world-class environments that support the Kingdom’s growth and transformation.