Red Sea International
Red Sea International (Tadawul: 4230) is a Saudi public company founded in 1967 that designs, manufactures, and operates modular prefabricated buildings and MEP services for oil & gas, mining, and infrastructure clients across 65+ countries from facilities in KSA, UAE, Ghana, and Malaysia.
- Company typePublic
- Founded1967
- HeadquartersJeddah, Saudi Arabia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Red Sea International does
Red Sea International (Tadawul: 4230) is a Saudi public company established in 1967 that designs, manufactures, and operates modular prefabricated buildings for industrial, infrastructure, and residential clients. Core product lines include worker accommodation, offices, schools, hospitals, and welfare facilities built from steel-frame structures with composite insulation panels, supporting multi-level configurations up to 10+ stories. The company runs a horizontal manufacturing platform with dedicated facilities in Saudi Arabia, the UAE, Ghana, and Malaysia, and reports a combined production capacity of 900,000 sqm per year, with active project delivery across 65+ countries. End-customer mix is concentrated in oil & gas (Saudi Aramco, Baker Hughes), mining (Ma'aden), and Saudi giga-projects (Diriyah, NEOM Trojena, KSIA).
The business model combines three revenue streams: (1) outright sale of modular units, (2) Build-Own-Operate (BOO) and Build-Own-Operate-Transfer (BOOT) concession contracts, with over 20,000 rooms currently operated, and (3) MEP contracting through fully-owned subsidiary First Fix, plus building materials through RSBM. Pricing is project-based for construction and recurring per-room/month for BOO assets. The company has executed roughly $1 billion cumulative project value over 40+ years, with disclosed revenue scaling from $404M in 2022 to $3.37B in 2025, though net income was negative across the period indicating high working capital intensity and execution absorption rather than steady-state profitability. Strategic positioning is anchored to Saudi Arabia's Vision 2030 giga-project pipeline, supplemented by cross-border delivery to defense, mining, and humanitarian clients in Africa, the Middle East, and Australasia.
Red Sea International firmographics
Firmographics- Name
- Red Sea International
- Legal name
- Red Sea International Company
- Website
- https://redseaintl.com
- Company type
- Public
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Red Sea International (Tadawul: 4230) is a Saudi public company founded in 1967 that designs, manufactures, and operates modular prefabricated buildings and MEP services for oil & gas, mining, and infrastructure clients across 65+ countries from facilities in KSA, UAE, Ghana, and Malaysia.
- Ownership category
- akta.pro rank
Red Sea International industry classification
Industry- Product category
- Modular Construction / Prefabricated Buildings
- NAICS
- Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213), Rooming and Boarding Houses, Dormitories, and Workers' Camps (72131), Industrial Building Construction (23621), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)
- SIC
- Prefabricated Wood Bldgs & Components (2452), Construction - Special Trade Contractors (1700), Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- Accommodation & Interior Outfit (Cabins, Galleys, Sanitary, Furniture) (IMAJAIAF)
- akta.pro secondary industries
- Outfitting, Ergonomics & Accommodation Design (Human Factors, Interior Layouts) (IMAJAGAM), Marine Outfitting & Interior Refurbishment (TLAKAKAL)
Keywords
Where Red Sea International is headquartered
LocationHeadquarters
- HQ city
- Jeddah
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices5 records
Markets served
Red Sea International business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Modular Buildings - Sale and Lease: Design, manufacture, sale, rent, and lease of prefabricated modular buildings including accommodation units, office units, and specialized structures for industrial, commercial, hospitality, government, military, and residential use.
- Build Own Operate (BOO) / Build Operate (BO): Red Sea designs, builds, owns, and operates workforce accommodation camps. Revenue generated through long-term leasing of accommodation packages and camp services. Currently own and operate over 20,000 rooms in Saudi Arabia, Papua New Guinea, Ghana, and Algeria.
- Integrated Facility Management Services: Comprehensive camp operations and maintenance including catering, security, laundry, power generation, water treatment, waste management, and hospitality services.
- MEP Contracting (FirstFix subsidiary): Mechanical, electrical, and plumbing contracting services through subsidiary Fundamental Installation for Electric Work Co. Ltd. (First Fix). Major recent contracts include SAR 352.6M Diriyah project and SAR 375M FAB credit facilities for project financing.
- Building Materials (RSBM): Production and distribution of paint and coating products including architectural paint and industrial and marine coatings through the Red Sea Building Materials division.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Project-Based Pricing |
| Subscription | Multi-year contract | Build Own Operate (BOO) / Lease Model |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Red Sea International product offering
Product offeringCore offering
Red Sea International designs, manufactures, sells, rents, and leases prefabricated modular buildings and workforce accommodation camps for industrial, commercial, hospitality, government, military, and residential customers. The company operates an integrated Build Own Operate (BOO) model delivering end-to-end camp construction and operations, MEP contracting through its FirstFix subsidiary, and integrated facility management services including catering, security, power, and maintenance.
Product overview
Red Sea International is a Saudi Public Joint Stock Company providing specialized prefabricated modular buildings, affordable housing solutions, and building materials. The company operates three main divisions: Modular Buildings (Red Sea Housing Services), Affordable Housing, and Building Materials. The product portfolio includes five core modular building product series (Firemaster 60 Series, Seaway Series, Sitemaster 25 Series, Steel Roughneck Series, and Multi-Level Steel Frame Modular Buildings), supplemented by special utility units (Power Generation Plant, Storage Tanks, Chiller/Freezers, Fire Suppression System). The company also operates its FirstFix subsidiary for MEP contracting services and provides integrated facility management services. All offerings are delivered as customizable turnkey solutions with Build Own Operate (BOO), Build Operate (BO), and Design and Build commercial models.
Differentiator
Problem solved
Functional benefit
Brands
- RSBM (Red Sea Building Materials): Building Materials Division producing and distributing paint and coating products including architectural paint and industrial and marine coatings
- First Fix
- RSHS (Red Sea Housing Services)
- RSAH (Red Sea Affordable Housing)
Products and services
- Firemaster 60 Series Fire-rated modular building units with 60-minute fire resistance, designed as conventional permanent structures built in factory. Suitable for residential and commercial workforce accommodation camps with single to double-storey configurations.
- Seaway Series ISO certified standard container-size building units (8ft x 20/40ft) built for strength, durability, and self-containment. Plug-and-play quick disconnect fittings for power, water, and sewer. Stackable for multi-storey configurations, suitable for military and applications requiring frequent relocation.
- Sitemaster 25 Series Innovative modular buildings with composite wall and roof panels fully insulated with Rockwool. PVC panel surfaces manufactured in-house using FrameCAD technology. Designed to last minimum 25 years in any climate with no painting required.
- Steel Roughneck Series Heavy-duty units for oilfield operations mounted on steel master skids supporting 3 standard units. Designed for mobility over any terrain with plug-and-play quick disconnect fittings. Built to withstand extreme weather conditions for 20+ years.
- Multi-Level Steel Frame Modular Buildings Hot rolled structural steel frame modular construction system capable of building up to 10 levels (12 storeys). Concrete slab flooring with superior acoustic insulation. Modules can be clad with aluminum composite panels, rendered concrete, or other materials.
- Power Generation Plant Smart power plants providing energy efficiency and operational flexibility from 20KVA to multiple auto-synchronized generation sets of 250KVA or more with plug-and-play distribution boards and weatherproofed enclosures.
- Storage Tanks Storage solutions including tanks, bowsers, drums and IBC storage for fuels, potable/industrial water with factory-baked powder-coating for corrosion protection and flexible storage capacities.
- Chiller/Freezers Temperature-controlled cold and freezer rooms for extreme heat conditions with guaranteed insulation, suitable for storing meat/fish, processed food, medicines, and chemicals.
- Fire Suppression System Containerized fire suppression system programmed with specific thresholds for temperature, chemical fumes, smoke, and flammable gases with automatic activation.
- FirstFix MEP Contracting Tier-1 subsidiary providing mechanical, electrical, and plumbing (MEP) contracting services and infrastructure works for major construction projects including Diriyah, NEOM/Trojena, and King Salman International Airport.
- Integrated Facility Management Services Comprehensive integrated facility management services including camp operations and maintenance, catering, security, laundry, power generation, water treatment, waste management, and hospitality services for workforce accommodation camps.
- Turnkey Solutions End-to-end modular building solutions covering manufacturing, delivery, installation, commissioning, and comprehensive camp services including transport, security, accommodation, recreation, medical, food, waste and laundry services.
- Building Materials (RSBM) Production and distribution of paint and coating products including architectural paint and industrial and marine coatings through the Red Sea Building Materials (RSBM) division, established in partnership with Sherwin-Williams.
Quantifiable outcome
- Up to 50% faster construction time compared to conventional building methods
- +5 more outcomes
Companies that use Red Sea International
Customer profileNamed customers21 records
Segments7 records
Ideal customer profiles4 records
Red Sea International technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Red Sea International partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, major and minor.
- Madinah Regional MunicipalitycoreRed Sea International received a 63,088 sqm prime land plot from Madinah Regional Municipality under a 50-year lease contract valued at SAR 161.95 million. The land is designated for development of a mixed-use building to be operated and maintained by RSI. Financial impact reflected in Q1 2026 results. Land handover completed via Furas platform.
- Salini Saudi Arabia Co. Ltd.majorRed Sea International subsidiary First Fix signed a SAR 352.6 million subcontract with Salini Saudi Arabia Co. Ltd. for mechanical, electrical, and plumbing works on a Diriyah City project. The 454-day contract covers engineering, supply, installation, testing, commissioning, and handover services with financial impact starting Q2 2026.
- King Salman International Airport Development Co. (KSIA)majorRed Sea International subsidiary First Fix signed a framework agreement on February 18 with King Salman International Airport Development Co. for early works on mechanical, electrical, and plumbing systems at the KSIA project in Riyadh. The 48-month agreement sets general contractual terms with final value determined by measured quantities and actual works executed.
- Webuild S.p.A.majorRed Sea International signed a SAR 202.8 million contract with Webuild S.p.A. to provide integrated facilities management services for the Trojena project in NEOM. The two-year agreement covers operation and maintenance of main and secondary camps including accommodation, catering, security, IT, utilities, and waste management for workers on the Trojena Dam project.
- Baker Hughes Saudi Arabian Co. Ltd.majorRed Sea International signed a SAR 265.95 million contract with Baker Hughes Saudi Arabian Co. Ltd. to design, manufacture, supply, and operate modular accommodation facilities in Saudi Arabia's Eastern Province to support oil and gas exploration activities. Contract runs from December 2025 to November 2031.
- Sherwin-WilliamsminorRed Sea International entered into a joint venture agreement with Sherwin-Williams for coatings and paint products. Sherwin-Williams provides paint and coating technology for Red Sea's modular buildings and facility finishing operations.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Red Sea International competitors and assessment
Company assessmentRegional players
- Dextra Group: Middle East and Africa-based construction services group with modular and prefabricated building capabilities serving oil & gas and industrial clients; regional peer competing in Gulf and African workforce accommodation segments.
Direct peers
- Guerdon Modular Buildings: US-based modular construction manufacturer of multi-story modular buildings using factory-built modules; comparable steel-frame modular technology and serves workforce housing, hospitality, and multi-family residential end markets.
- WillScot Mobile Mini: North American leader in modular space and portable storage leasing with 350,000+ unit fleet; directly comparable leasing business model and enterprise sales motion targeting construction and industrial end markets.
- ATCO Group: Canadian conglomerate with ATCO Structures division that manufactures modular workforce accommodation, operating space rentals, and lodges for oil & gas, mining, and infrastructure—near-exact functional overlap with Red Sea's industrial housing and BOO camp business.
- Karmod Prefabricated Building Technologies: Turkish modular building manufacturer with strong Middle East, Africa, and CIS market presence, offering prefabricated cabins, container buildings, and steel structures—competes head-to-head in oil & gas and construction worker camps across Red Sea's primary geographies.
- Algeco (Modulaire Group): European-headquartered modular space rental leader with 300,000+ unit fleet serving construction, industrial, and government customers; comparable rental/leasing model and modular building offering targeting similar enterprise customers.
Broad incumbents
- Vinci Construction: Global construction and concessions major with industrial and modular building capabilities; potential competitor and partner on large infrastructure and energy projects in the Middle East and Africa.
- Clayton Homes: Largest US manufactured and modular housing provider (Berkshire Hathaway-owned); comparable factory-built housing technology and direct overlap with Red Sea's affordable housing modular offerings.
- Bouygues Construction: Major global construction contractor with modular and prefabrication capabilities integrated into broader civil engineering and building portfolio; competes on mega-projects (NEOM, Diriyah) where Red Sea provides MEP subcontracts.
Emerging players
- Boxabl: US emerging modular housing manufacturer focused on factory-built residential units; represents the newer wave of modular construction targeting housing affordability, adjacent to Red Sea's affordable housing subsidiary (RSAH).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Red Sea International social profiles
Digital presenceRed Sea International compliance and trust
Trust signalCompliance3 records
Red Sea International financial estimates
Financial estimateRevenue estimate
Valuation estimate
Red Sea International leadership team
Management profileNumber of profiles
Profiles2 records
Red Sea International subsidiaries and ownership
Company hierarchySubsidiaries12 records
Red Sea International funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Red Sea International M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Red Sea International
What does Red Sea International do?
Red Sea International designs, manufactures, sells, rents, and leases prefabricated modular buildings and workforce accommodation camps for industrial, commercial, hospitality, government, military, and residential customers. The company operates an integrated Build Own Operate (BOO) model delivering end-to-end camp construction and operations, MEP contracting through its FirstFix subsidiary, and integrated facility management services including catering, security, power, and maintenance.
Is Red Sea International a public or private company?
Red Sea International is a public company. It is classified as public and is currently operating.
When was Red Sea International founded?
Red Sea International was founded in 1967. It employs 1,001 to 5,000 people.
Where is Red Sea International based?
Red Sea International is headquartered in Jeddah, Saudi Arabia, in the Middle East region.
How does Red Sea International make money?
Five revenue lines are on record. Modular Buildings - Sale and Lease is the primary driver. The others are build Own Operate (BOO) / Build Operate (BO), integrated Facility Management Services, MEP Contracting (FirstFix subsidiary) and building Materials (RSBM).
Who are Red Sea International's main competitors?
Dextra Group is listed as a regional player. Direct peers are Guerdon Modular Buildings, WillScot Mobile Mini, ATCO Group, Karmod Prefabricated Building Technologies and Algeco (Modulaire Group). Broad incumbents are Vinci Construction, Clayton Homes and Bouygues Construction. Boxabl is listed as an emerging player.
Does Red Sea International have an API?
No public API is recorded for Red Sea International.
What industry is Red Sea International in?
Red Sea International's product category is Modular Construction / Prefabricated Buildings. Its primary akta.pro industry code is IMAJAIAF, Accommodation & Interior Outfit (Cabins, Galleys, Sanitary, Furniture), with a secondary code of IMAJAGAM, Outfitting, Ergonomics & Accommodation Design (Human Factors, Interior Layouts). Its NAICS code is 7213 and its SIC code is 2452.