Red Sea Housing

What Red Sea Housing does

Red Sea Housing, also known as Red Sea International and RSI, is a Saudi public joint stock company listed on Tadawul under ticker RSI. It designs, manufactures, sells, rents or leases, installs, and operates prefabricated modular buildings. Its core technology uses steel-framed modules manufactured in factory settings and assembled on site, with named product series including Firemaster 60, Seaway, Multi-Level Steel Frame, Sitemaster 25, and Steel Roughneck. Manufacturing facilities are located in Jubail, Dubai, Johor/Selangor, and Accra, supporting regional and international project delivery.

The company serves enterprise and government customers across oil and gas, infrastructure, government, building and construction, mining, defence, offshore, and manufacturing. Its direct sales motion uses quote-based Build-Own-Operate, Design and Build, outright sale, and rental or lease arrangements. In addition to building sales and leases, it generates managed-service revenue through facility management and camp operations, including power, utilities, catering, and housekeeping, while wholly owned subsidiary FirstFix provides MEP and infrastructure contracting. Public pricing, contract values, revenue, and customer-level concentration data are not disclosed.

Name

Red Sea Housing

Legal name

Red Sea International Company

Website

https://redseahousing.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Red Sea Housing designs, manufactures, sells, leases, and operates prefabricated steel-framed modular buildings and related services for enterprise and government customers in oil and gas, infrastructure, government, construction, mining, defence, offshore, and manufacturing.

Ownership category

akta.pro rank

Product category

Prefabricated Modular Buildings

NAICS

Prefabricated Metal Building and Component Manufacturing (332311), Nonresidential Building Construction (2362), Industrial Building Construction (23621)

SIC

Prefabricated Metal Buildings & Components (3448), Fabricated Structural Metal Products (3440)

akta.pro primary industry

Residential Modular & Prefabricated Home Construction (IMAFABAF)

akta.pro secondary industry

Modular/Offsite General Contracting & Installation (IMAFAAAK)

Keywords

• Modular building construction
• Prefabricated steel structures
• Workforce accommodation solutions
• Facility management services
• MEP contracting works

Headquarters

HQ city

Jubail

HQ country

Saudi Arabia

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Modular Building Sales: Manufacture and sale of prefabricated modular buildings for various applications including residential, commercial, hospitality, and industrial use. Revenue generated through direct sales to enterprise clients under Build, Own and Operate (BOO), Design and Build, or outright sale models.
2. Modular Building Rental and Leasing: Rental and lease of modular buildings to clients who prefer not to own assets. Provides recurring revenue from temporary or long-term accommodation needs.
3. Facility Management Services: Integrated facility management services including hard and soft FM services for operated facilities. Revenue from ongoing facility operations contracts.
4. MEP Contracting (FirstFix): MEP (Mechanical, Electrical, Plumbing) and infrastructure contracting services through subsidiary FirstFix.
5. Camp Operations & Maintenance: Operation and maintenance services for workforce camps including power generation, communication, laundry, and hospitality services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Red Sea International manufactures prefabricated modular buildings and structures in factory settings using steel-framed module construction, then assembles them on-site for workforce accommodation, offices, camps, hospitals, hotels, and industrial facilities. The company sells or leases modular buildings under Build-Own-Operate (BOO), Rent/Lease, and Design-Build contracting models, and complements its products with integrated facility management, MEP contracting through subsidiary FirstFix, camp operations & maintenance, power generation, and turnkey solutions.

Product overview

Red Sea International (Red Sea Housing) is a Saudi Public Joint Stock Company providing specialized prefabricated modular buildings and housing solutions for real estate and industrial sectors. The company operates through three main divisions: Modular Buildings (offering Firemaster 60 Series, Seaway Series, Sitemaster 25 Series, Steel Roughneck Series, and Multi-Level Steel Frame buildings), Integrated Facility Management (providing FM hard and soft services), and MEP Contracting through subsidiary FirstFix. The company offers flexible engagement models including Build-Own-Operate (BOO), Rent or Lease, and Design and Build options, along with complete turnkey solutions including site management, facilities management, power, utilities, catering, and housekeeping. Manufacturing facilities are located in Dubai (UAE), Jubail (Saudi Arabia), Johor (Malaysia), and Accra (Ghana).

Differentiator

Problem solved

Functional benefit

Brands

• FirstFix: MEP contracting subsidiary providing mechanical, electrical, and plumbing services along with infrastructure works

Products and services

• Firemaster 60 Series Modular building series designed for industrial and commercial applications, featuring fire-resistant construction and rapid deployment capabilities for industrial and fire-safety-sensitive environments.
• Seaway Series Modular building series suitable for maritime and coastal environments, engineered for transport and installation via sea routes with enhanced corrosion resistance.
• Multi-Level Steel Frame Modular Building Series Multi-story modular building solution using steel frame construction, enabling mid-rise residential, commercial, and hospitality developments.
• Sitemaster 25 Series Industrial housing modular unit series designed for construction sites and labor camps with quick assembly and durability features for cost-efficient workforce accommodation.
• Steel Roughneck Series Heavy-duty steel-framed modular building series designed for rugged industrial environments and demanding applications in the resource sector.
• Modular Buildings Division Core division providing prefabricated modular buildings and structures for residential, commercial, hospitality, government, military, and industrial use, including Firemaster, Seaway, Sitemaster, Steel Roughneck, and Multi-Level Steel Frame series, sold or leased under Build-Own-Operate, Rent/Lease, Design-Build, and outright sale models.
• Integrated Facility Management Comprehensive facility management services providing integrated FM hard and soft services for operated facilities under ongoing contracts.
• FirstFix MEP Contracting Tier-1 wholly-owned subsidiary providing MEP (Mechanical, Electrical, Plumbing) and infrastructure contracting works.
• Camp Operations & Maintenance Operation and maintenance services for workforce camps including power generation, communication, laundry, and hospitality services.
• Turnkey Solutions Complete end-to-end delivery bundling modular building supply with site management, facilities management, power generation, utilities, catering and housekeeping services under a single contract.

Quantifiable outcome

• Up to 50% reduction in construction time

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators3 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Cadolto / Cadolto Modulbau: Cadolto is a German turnkey modular building manufacturer specializing in hospitals, data centers, hotels, and offices. Comparable in the high-end turnkey specialty modular segment and cross-sells into government/enterprise accounts with similar procurement models.
• Premier Modular: Premier Modular is a UK-based offsite construction specialist providing modular buildings for hire and sale across education, healthcare, commercial, and infrastructure sectors. Highly comparable in modular manufacturing, multi-story capability, and rental/sales mix.
• Algeco (Modulaire Group): Algeco / Modulaire is one of the largest European-headquartered modular space providers, offering prefabricated buildings for rent and sale to industrial, construction, and public-sector customers. Comparable in Europe and increasingly MENA, with a similar rental-leasing-plus-sale business mix.
• Portakabin: Portakabin manufactures and leases steel-framed modular buildings for permanent and temporary applications including education, healthcare, offices, and construction site accommodation. Comparable in product (steel modular buildings) and go-to-market (rent + sale + turnkey).
• WillScot Mobile Mini Holdings: WillScot is a North American leader in mobile offices, modular space, and storage solutions, delivered primarily through a leasing model to construction, commercial, and industrial customers. Direct competitor in the modular space leasing model and a benchmark for recurring-revenue economics in the sector.
• ATCO Ltd. ATCO is a global direct peer: it designs, manufactures, and leases modular workforce housing, lodges, and site facilities to the oil & gas, mining, and infrastructure sectors through its ATCO Structures and Frontek divisions. Highly comparable business model (manufacture + rental + camp services) and customer overlap with RSI.

Emerging players

• CIMC Modular Building Systems: CIMC MBS is a Chinese modular building manufacturer leveraging steel-frame and container-based modular construction for global markets, including workforce housing and hotels. Comparable new-entrant threat in cost-competitive geographies and a useful cross-regional pricing benchmark.
• Guerdon Modular Buildings: Guerdon is a North American modular manufacturer producing large-scale, multi-story modular buildings (hotels, housing, commercial) from steel-framed modules. Comparable in multi-story modular technology and product-line strategy aimed at adjacent (commercial/hospitality) end-markets.

Regional players

• Kwikspace Modular Buildings: Kwikspace is a South African modular building manufacturer and rental provider serving mining, construction, and infrastructure customers across Africa. Direct competitor in the African market where RSI operates its Accra (Ghana) facility, and a useful regional benchmark.
• DCT Abu Dhabi (Abu Dhabi National Modular): DCT Abu Dhabi (formerly Abu Dhabi National Modular) is a regional UAE-based modular construction firm executing oil & gas, infrastructure, and government housing projects across the GCC. Direct competitor in the UAE market adjacent to RSI's Dubai facility.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@redseainternational305
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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Red Sea Housing