Saudi Arabia is undergoing a momentous economic transformation, capturing global attention with its ambitious developmental projects.
Earthworks are under way on the New Murabba Development, Riyadh’s proposed new downtown following the appointment of China Harbour Engineering as the contractor for the first phase of excavation works required for the basement structures underneath the Mukaab, an iconic cubic-shaped structure, and surrounding podiums at the ambitious giga pro
News is still awaited on the outcome of the bidding process to restart construction works on the Jeddah Tower project, which was proposed to be the world’s tallest tower with a design height of 1,000-plus m, taller than Dubai’s Burj Khalifa by more than 172m. It is the centrepiece of the Jeddah Economic City development.
Neom has just silenced doubters with a double dose of good news: it demonstrated global confidence in the $500-billion giga-project taking shape in northwest Saudi Arabia by securing a SR10-billion ($2.
Qiddiya City, the world’s first aspiring “City of Play”, announced two game-changing projects in March – a groundbreaking racetrack and the colossal Dragon Ball theme park – raising the bar for both sports and entertainment.
In line with the $63.2-billion Diriyah redevelopment programme’s goal of becoming the kingdom’s premier historical, cultural, and lifestyle destination, its developer Diriyah Company has recently unveiled plans for two exciting new developments: The Arena and Zallal, a versatile commercial office and retail project.
Roshn Group, a Saudi Arabian developer tasked with boosting home-ownership, is forging ahead on its mandate, having already embarked on plans to build more than 150,000 homes to date across the kingdom, in a bid not only to meet national targets but also reshape urban landscapes.
The Red Sea Project, an ultra-luxury tourism destination on Saudi Arabia’s west coast, is making significant progress with contracts worth SR32.8 billion ($8.75 billion) having been awarded to date, according to Faisal Butt, Red Sea Global’s (RSG) Group Head of Technical Project Management Office.
Construction work is well in progress on the first phase of the SR17.2-billion ($4.58 billion) The Avenues – Riyadh, which is set to become one of the largest commercial malls in the Middle East, with a gross leasable area of around 370,000 sq m.
Hydro Building Systems Middle East (Technal), a leading provider of architectural aluminium building systems, sees huge growth potential in the Saudi Arabian market which is driven by the country’s ambitious Vision 2030 plan.
Byrne Equipment Rental, a leading equipment rental company in Saudi Arabia, is experiencing exceptional growth as the kingdom’s construction sector evolves and flourishes. Byrne has carved a niche for itself through strategic expansion and a focus on innovation.
