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MEED Report: GCC Industrial Projects Snapshot November 2025

GCC Industrial Projects Snapshot – November 2025

GCC Historical Construction Contracts

Although industrial contract awards have declined slightly over the past two years, awards from 2023–2025 still represent over 50% of the total industrial contract value since 2015. This underscores the region’s continued commitment to economic diversification and reducing its dependence on oil.

Saudi Arabia leads with the total value of planned and unawarded industrial projects with $86.8 billion. Around 73% of the total value of planned and unawarded projects are currently in the study phase.

Graph of Planned and unawarded Industrial projects in GCC by value and volume

Saudi Arabia and the UAE account for over 75% of the total value of industrial contract awards since 2015. Around $1.1 billion worth of projects have been established in Jubail, Saudi Arabia and around $450 million in KEZAD, Abu Dhabi in the UAE.

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To find more free resources within the construction industry, download our webinar presentation on the Top GCC Retail Projects.