Saudi Construction Market Forecast: $79.72B by 2029 Saudi Arabia is undergoing one of the world’s most ambitious construction transformations, driven by massive infrastructure investments, and a surge in residential and commercial developments. Research on the Saudi Construction Market Forecast indicates that…
Adapting Saudi Giga Projects Amid Fiscal Constraints: A Strategic Outlook
$500 Billion in Giga Projects Face Spending Adjustments Saudi Arabia’s giga-projects, worth $500 billion, are undergoing recalibration as PIF implements spending cuts of up to 60%. This shift affects over 50 development firms, slowing project execution while requiring strategic adjustments to…
Mixed-Use Trends Reshape Saudi Arabia’s Construction Future
Saudi Arabia is laying the foundation for an ambitious economic transformation, and construction is at the heart of this shift. The Saudi Arabia construction market in the commercial sector was valued at USD 72.1 billion in 2024 and is projected to…
Saudi Construction Industry: Forecasts Point to 4.4% Growth in 2025
Energy and Infrastructure Propel Saudi Arabia’s 2025 Construction Growth Saudi Arabia’s construction sector is entering a year of expansion, with economic output projected to grow 4.4% in 2025. Leading the charge is the energy and utilities sector, expected to see a…
Ambition Meets Scale in a $96.26B Saudi Construction Boom
The construction cranes dotting Saudi Arabia’s skyline tell a story of transformation. What was once a landscape dominated by oil production is now fast becoming a global hub for infrastructure, real estate, and smart-city development. With the market projected to expand…
Breaking Ground: What’s Next for Saudi Infrastructure?
Key Developments and Trends in Saudi Arabia’s Construction Industry for 2025 Saudi Arabia’s construction industry is accelerating in 2025, with a forecasted 4.4% growth. Backed by a $342.7 billion budget, the sector is expanding through energy and infrastructure projects, including the…
Building 115K Homes: Saudi Housing Surge Unveiled
Surge in Residential Construction Projects Across Saudi Arabia Saudi Arabia is currently experiencing an unprecedented boom in residential construction projects, a pivotal step toward achieving the ambitious goals outlined in Vision 2030. This initiative seeks to boost homeownership rates from 63.7%…
Global Trade Rises with Saudi Infrastructure Boom
Key Trends in Saudi Arabia’s Infrastructure Expansion The Saudi infrastructure boom is reshaping the Kingdom’s landscape and driving significant advancements across transportation, industrial hubs, and urban planning. With USD 819 billion worth of construction projects underway, Saudi Arabia is positioned as…
$2.1 Trillion Expansion Drives Saudi Construction Growth
Saudi Construction Growth in 2025: An Overview The Saudi construction growth is projected to increase from USD 70.33 billion in 2024 to USD 91.36 billion by 2029. This impressive growth, driven by a compound annual growth rate (CAGR) of 5.37%, exemplifies…
Mega Saudi Construction Projects: From 1,000 Icon Tower to $500B NEOM
Mega Projects in Saudi Arabia Transforming the Nation’s Infrastructure In recent years, Saudi Arabia has embarked on a journey of unparalleled transformation, fueled by a series of ambitious mega projects. These initiatives are not only revolutionizing the nation’s infrastructure but are…