MEED Webinar Presentation: An audience with Diriyah: The $63bn giga project opportunity Webinar

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MEED Webinar Presentation: An audience with Diriyah: The $63bn giga project opportunity


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An audience with Diriyah: The $63bn giga project opportunity presentation contains:

  1. The Saudi Arabia projects market in context – size, key projects, trends and future outlook
  2. A detailed overview of the Diriyah giga project, its masterplan, progress, and the more than $10.5bn worth of construction work awarded to date
  3. Key details of the $50bn+ projects pipeline including specific procurement opportunities, future materials and equipment demand, and how companies can register and help deliver the iconic giga development
  4. An in-depth discussion with Diriyah Company on its requirements, vendor registration and procurement processes, and contracting framework
  • Projects Data
  • Competitor analysis
  • Market Forecast
  • Strategic insight

Preview:

This record-breaking performance was driven by Saudi Arabia which itself has its best ever year, with contracts soaring 59% on the 2022 number. The estimated $880bn giga projects program has been a principal driver of this growth.

The impact of the giga projects program is evident from the sharp growth in the construction and transport and infrastructure sectors, which are performing at more than double the average of the 2016-2020 period. The renewable energy elements of the carbon-neutral program are also major catalysts for the increase in power sector spending

Informational Graph about the value of Saudi Arabia contracts awarded by sector 2016-2023 in the Diriyah: giga projects webinar

As of mid-March, there are some $194bn worth of contracts tendered or under bid evaluation in the GCC, compared with $110bn this time last year.

In keeping with the theme of this presentation, Saudi is by far the largest projects market in terms of the total projects pipeline, with more than $1.53 trillion worth of known future projects.

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