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Saudi Construction Pipeline Surpasses $29 Billion as Project Awards Accelerate

Saudi Construction Pipeline Surpasses $29 Billion as Project Awards Accelerate

Key Takeaways

97 projects worth more than SR111.3 billion have been awarded since January 2026.

* July alone accounted for 11 projects worth SR9.75 billion, led by building and construction at SR6.59 billion.

* Riyadh captured SR7.5 billion of July's awards, the largest regional share.

* The Saudi Contractors Authority expects 11 additional projects in August, with more than 70% concentrated in building, construction and infrastructure.

Full Briefing : Saudi Arabia's contracting market continues to show strong project flow as Vision 2030-linked development moves from planning into execution. July awards covered building, infrastructure, water and energy, with the Royal Commission for Riyadh City, Diriyah Gate Development Authority, Public Investment Fund and Qiddiya among major project owners. The pipeline also extends well beyond near-term construction. Projects awarded in July are scheduled for completion between 2028 and 2030, indicating a multi-year demand cycle for contractors, developers and infrastructure suppliers.

For executives and investors, the signal is significant: Saudi Arabia's diversification strategy is increasingly visible through the scale and continuity of physical project execution, creating a sustained market for construction and infrastructure capacity.

Source :  https://www.arabnews.pk/node/2656014/business-economy?utm_source



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