Overview Saudi Arabia construction industry
In the Middle East, no country rivals the scale and scope of Saudi Arabia construction projects. Two such projects that are making headlines are the Al Manar Community and ROSHN Asir.
Saudi Arabia building projects – pipeline
Al Manar Community
The Al Manar Community, located in Jeddah, is a testament to the country’s commitment to providing quality housing. This expansive project, developed by ROSHN, will feature 52,000 homes for 130,000 residents, retail outlets, hospitality and leisure amenities, and a canal fed by the Red Sea. The is currently in the design stage, with a completion date set for 2032.
ROSHN Asir
Meanwhile, ROSHN Asir, located in the Asir region, is another noteworthy project. This development will offer villas and apartments to suit all budgets, combining modern living with design inspired by the region’s rich heritage. The project is currently in the design stage, with construction set to start in 2024 and end in 2036.
Opportunities for global companies
Value of Saudi Arabia building projects in comparison to UAE
These Saudi Arabia construction projects are not just buildings; they are communities designed to enhance the quality of life for residents. They represent the immense opportunities in the Saudi construction sector, driven by the government’s Vision 2030, which aims to diversify the economy and develop public service sectors such as health, education, infrastructure, and tourism.
Investors, contractors, and developers worldwide are taking note of the potential in Saudi Arabia’s construction sector. With projects like Al Manar Community and ROSHN Asir leading the way, the future of construction in Saudi Arabia looks promising.
Learn more about building construction in MEA
To learn more about construction projects in the Middle East or Africa, browse through our blog. If building construction interests you, have a look at our recent articles about mixed-use projects in Egypt, or the 1000 building construction projects in Africa.
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