Update of LBS Project of Hybrid Power Plant for NEOM Construction Village
July 13, 2021We are excited to showcase our progress on the Hybrid Power Plant for the NEOM Construction Village with the timeline above. The project is running at an optimal pace and is a testament to our team’s outstanding talent and efficient collaboration.
The project, based in the Kingdom of Saudi Arabia, is poised to revolutionize Saudi society, reduce dependence on oil, and develop the country’s technological capabilities. The new city is part of Saudi Vision 2030 and is being executed by our Saudi registered JV company (LBS KSA) – a Joint Venture between LBS & KFB Holding Group. The space consists of 26,500 KM2 and has a planned population of one million inhabitants.
LBS is utilizing local materials and is proud to collaborate with local businesses in such a monumental project. Follow us on LinkedIn and stay tuned for more updates on the NEOM Construction Village!