KEIR signs agreement with Quadratics Development

Logo of KEIR International Co.

KEIR International Co. announced that it signed a partnership agreement with the US-based Quadratics Development LLC that owns the intellectual property rights for modern building systems in the US, to deploy the Quadratics system in Saudi Arabia, according to a bourse statement.

With the use of light gauge steel and lightweight concrete, the Quadratics system is an efficient and environment-friendly building technology that fits market calls for new methodologies aligned with Saudi Vision 2030 goals. It also compliant with existing building and construction codes of regulatory authorities and addresses requirements for heat and acoustics insulation as well as fire-resistance.

This system is widely accepted by real estate developers and government entities in Saudi Arabia. It was developed to provide cost-effective and high-specifications building and construction solution for the housing, education, commercial, hospitality, and logistics sectors.

Efficient delivery of the Quadratics system to the Saudi market, even to remote building and construction sites will be possible with full-cycle production locally including through mobile factories, in a certain demonstration of capacity and capabilities.

In partnering with Quadratics Development, KEIR International is leveraging its reputation and expertise as a leading infrastructure company for better networks for the telecom, power and renewable industries.