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MEED Webinar Presentation: Saudi Giga Projects 2024 & Beyond Webinar

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The Saudi Giga Projects 2024 & Beyond presentation contains:

1. Latest update to January 2024 on the giga projects programme and the Saudi projects market in general

2. Updated summary description of each giga project, including major programme elements

3. Analysis of contracts and spending to date

4. Highlights of key contracts to be tendered and awarded in 2024

5. Preview of future, unannounced giga projects

6. Analysis of top contracts by work already awarded on the giga projects

7. Evaluation of market capacity and resource expectations 8. Key drivers and challenges going forward

Projects Data
Competitor analysis
Market Forecast
Strategic insight

Preview:

Diriyah Gate is being developed as a mixed-use heritage and tourism destination built on the historical Diriyah site in Riyadh. The project is financed through a mix government funds, investment from the Saudi private sector and foreign investment. The first phase of the project started in 2019 and the overall completion is expected by 2030

Around $6bn worth of contracts have been awarded as of December – 2023. QIC – The Qiddiya Project: Resort Core: Speed Park: Associated Buildings and The Six Flags Theme Park and the Water Park are the top two highest-valued projects that cover almost 48.29 percent of the total contract value awarded.

Saudi Giga Projects Webinar, informational graph about the Value of Qiddiya contracts awarded.

Within the realm of giga projects in Saudi Arabia, December 2023 witnessed a noteworthy focus on planned and awarded endeavors. With a staggering $5.2bn allocated, design emerged as the frontrunner, constituting 65 per cent of the total investment.

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