Market Overview
Riyadh is the Center of the Largest Market in the MENA Region with Building and Infrastructure Investments of over $1.3 Trillion...
Saudi Arabia had the Fastest Growing Economy amongst G20 countries in 2022, and continues to rapidly expand…
A robust, sustainable demand boom is underway for building and infrastructure materials and solutions in Saudi. Saudi Build 2025 will showcase these solutions to the most important trade buyers in the region...
The Kingdom of Saudi Arabia is witnessing an unprecedented construction and urban mega projects boom that will reshape the future of the Kingdom and the region. Mega public and private sector projects funded by the Public Investment Fund, the Royal Commissions of the prime urban areas, the related Ministries, as well as the private sector which is driving the largest number of projects and opportunities. Exhibitors offering resilient, sustainable building technologies and solutions will participate in unmatched opportunities, with new projects valued at more than 2.9 TRILLION US$.
$43 Billion
Target to build 240,000 housing units...
Saudi Ministry of Municipal and Rural Affairs has started a five-year $43 billion plan for the construction of housing across the Kingdom. The program involves the construction of 240,000 units. It is one of the largest of its kind anywhere in the world. New housing units will be built in urban areas all over the Kingdom. The plan is creating wide spread opportunities for residential infrastructure suppliers, construction companies, suppliers of interior fixtures, fittings and finishing material and other related construction products and services Kingdom. The plan is creating wide spread
opportunities for residential infrastructure suppliers, construction companies, suppliers of interior fixtures, fittings and finishing material and other related construction products and services.
Among the new housing developments…
SEDRA – An integrated community inspired by Salmani architecture, covers 20 Million sqm and will feature more than 30,000 homes.
ALAROUS – Inspired by the historical city of Jeddah,the architecture blends modern and traditional design. Covers 4 Million sqm and will have 18,000 homes.
WAREFA – ROSHN's second community in Riyadh covers 1.4 Million sqm and will deliver more than 2,000 new homes.
ALFULWA – The first integrated community in the
Eastern Province covers more than 10.8 Million sqm
and will provide 18,000 homes.
Saudi Arabia’s $1.108 Construction Sector is Poised to Grow 6.2% Yearly by 2028. The Growth is Driven by the Giga Projects…
$20 Billion Diriyah Gate Project Offers Many Short Term Opportunities…
The Diriyah Gate master plan offers a wide range of opportunities. Some 38 new hotels and resorts will be opening in Diriyah, alongside museums, cultural attractions, luxury retail outlets and souqs. Housing adjacent to the tourism facilities are also being rapidly developed. The project offers architects,engineers, construction companies and the entire supply chain of materials and equipment providers widespread opportunities.
$19 Billion
King Salman Park Development is Accelerating…
Construction is underway at King Salman Park. The largest urban park in the world park, will incorporate arts, education, sports, leisure, retail and hospitality facilities and 12,000 residential units over 13.4 sqm in the center of Riyadh. The mega-development
requires heavy construction machinery, all manner of building materials, architectural, interior design and other consultancy services. Suppliers of greenery, water features and equipment are also needed.
30,000
Immersive Destination New Murabba...
Riyadh’s New Murabba is set to open in time for the 2030 World Expo. It will feature 104,000 residential units, 9,000 hotel rooms, 980,000 sqm of retail space, a museum, a university, entertainment and culture venues. The project center-piece will be the Mukaab. Multiple opportunities for architectural consultancies, construction companies and other building services providers, including providers of construction materials, machinery and equipment as well as landscaping and public realm suppliers and consultancies are needed.
$23 Billion
The Sports Boulevard Unique Offering...
The outdoor and indoor linear park will be rich in sporting, artistic, cultural and eco activities, to create a sustainable healthy lifestyle. The boulevard will have 8 districts spanning 135 kilometers in and around the city of Riyadh. The boulevard project includes an: Arts, entertainment, and athletics districts, as well as a sand sports park and Wadis to explore. Business opportunities for heavy machinery, construction materials, architectural landscaping, public park furniture and consulting services are required.
Tourism will Add $100 Billion to Saudi GDP. It will Further Expand as MENA's Fastest Growing Tourism Destination that Grew by 58% in 2023...
$6 Trillion
Tourism Investment Provides Massive
Construction Opportunities…
Saudi Arabia is offering investment opportunities worth $6 Trillion in the travel and tourism sector as the Kingdom steadily pursues its journey to emerge as a global tourist destination by the end of the
decade. The opportunities for providers of tourism infrastructure, constructors of hotels, hospitality, entertainment and event facilities as well as all associated services are increasing at an accelerated
rate.
315,000
Hotel Room Growth…
The Kingdom has announced the development of 315,000 hotel rooms around Saudi by 2030 further expanding opportunities in this sector. This massive expansion will fuel growth across the full range of building sector materials, products, and services, throughout the Kingdom.
700,000
Visitors to Trojena...
Trojena, Saudi Arabia’s premier winter sports megaresort is due to be completed in 2026. Work is well underway. Trojena is situated in an area of NEOM. Plans include homes for 7,000 permanent residents and hotel and leisure facilities for more than 700,000
visitors annually. Saudi Arabia has been chosen to host the 2029 Asian Winter Games at Trojena.
Exceptional Development Projects Dominate the Kingdom’s Cities...
$20 Billion
Jeddah Central Transformation...
Jeddah will see an area of 5.7 Million sqm developed in three phases, the first of which will welcome visitors in 2027. A 9.5 km waterfront with a world class marina and some 2,700 hotel rooms as well as an opera house, museum, sports stadium and oceanarium. The $20 Billion project offers exceptional opportunities for the residential,
commercial, retail and infrastructure sectors.
$14.74 Billion
For Smart Cities Construction...
The Saudi Arabian smart cities market size is projected to reach $14.74 Billion by 2027. Advancements of the Smart Cities Communications Infrastructure encompass upgrading the adoption
of modern technologies that will be embedded in commercial, residential and infrastructure projects. The transformation plans are creating opportunities for construction companies, infrastructure providers, maintenance providers and manufactures.
$26 Billion
For Massive Saudi Land Bridge Projects…
Land Bridge projects include the construction of 950 km of new rail lines between Riyadh and Jeddah, and 115 km of new lines between Dammam and Jubail. The investment of $26 Billion over 5 – 7
years will require heavy construction machinery and materials, as well as consultancy services over a prolonged period providing a variety of opportunities for rail infrastructure suppliers and other related construction products and services.
$9.8 Billion
Qiddiya the Future of Entertainment...
Qiddiya City will take up more than 334 square kilometers on the outskirts of Riyadh. Work has been under way on the $9.8 Billion since 2023. The first phase, Six Flags is due to open in 2025. Qiddiya’s rapid development is offering a wide range of opportunities to suppliers of construction materials, specialist entertainment construction services as well as many public realm and infrastructure development contracts.
Major Construction Projects in Al Ula, Jeddah and Makkah...
$60 Billion
Jeddah Metro Offers Opportunities for
Infrastructure and Public Facilities...
Jeddah Metro will consist of 74 stations, 160 km of track and 4 individual routes through the city. The $60 Billion project will offer high budget infrastructure and public facilities. At each metro station will provide further construction opportunities in retail, hospitality and tourism sectors that cluster around transport nodes.
3.7 M SQM
PIF Developing Al Balad Historic District, Jeddah…
The overall project development area will comprise approximately 2.5 Million sqm with a total built up area of 3.7 Million sqm. Construction and related business opportunities to develop 9,300 residential
units, 1,800 hotel units and around 1.3 Million sqm of commercial and office space needing interior fit outs and finishings.
$15 Billion
Al Ula...
The Royal Commission for Al Ula’s archaeological, cultural and touristic complex and an open-air living museum – is a region as vast as Belgium. The $15Billion Al Ula master plan is being developed in three phases in 2023, 2030, and 2035. The major investment aims to make the Al Ula region the kingdom’s cultural capital. Investments – public and private – in new hotels, restaurants, retail and leisure facilities are continually leading to new projects. The opportunities for the construction industry are massive and on-going.
230,000 SQM
Jabal Omar Project Accelerates…
The Jabal Omar Development Project in Makkah isa unique urban regeneration scheme. The integrated development will provide hotel accommodations, commercial / retail spaces, cars parking, public spaces and public amenities to support religious, social and commercial activities for Hajj and Umrah pilgrims. The land area of the project is approximately 230,000 sqm with a built-up floor area of approximately 2 million sqm. Construction and infrastructure development opportunities are accelerating as the various projects get underway.
