SAR 109 Billion Worth of Projects Awarded in Saudi Arabia Since Early 2025
The value of projects awarded in Saudi Arabia since the beginning of 2025 through November has reached nearly SAR 109 billion (around USD 29 billion), with July recording the highest monthly value, exceeding SAR 33 billion (USD 8.8 billion).
15 Projects Awarded in November
According to a recent report by the Saudi Contractors Authority, reviewed by Asharq Al-Awsat, a total of 15 projects were awarded in November, with a combined value exceeding SAR 15 billion (USD 4 billion).
The report showed that the construction sector accounted for the largest share in terms of number of projects, representing 40% of the total, with six projects, based on data from the SCAVO project-tracking platform.
Water and Power Lead by Value
In terms of financial value, the water and power sector ranked first in November, with projects exceeding SAR 7 billion (USD 1.87 billion), accounting for 51% of the total monthly value.
Geographic Distribution
Regarding geographic distribution, Riyadh and the Eastern Province accounted for 67% of awarded projects by number, with five projects each.
Riyadh led in total project value at over SAR 7 billion, followed by Makkah with SAR 4.9 billion, and the Eastern Province with SAR 2.11 billion.
This was followed by Madinah at SAR 225 million, and Jazan at SAR 75 million.
Delivery Timelines and Investor Outlook
The report expects 10 projects awarded in November to be delivered in 2028, around three projects in 2029, and two projects in 2027.
Looking ahead, more than 19 projects are expected to be awarded in December, with around 50% in the construction sector, and half concentrated in Riyadh, the Eastern Province, and Tabuk.
✦ ArchUp Editorial Insight
The surge in awarded projects across Saudi Arabia in 2025 reflects a Contemporary infrastructure-led development model, where large-scale construction, water, and power investments operate as primary drivers of urban transformation. With Riyadh and the Eastern Province dominating both volume and value, the pattern highlights a strategic consolidation of capital within key urban and industrial nodes, reinforcing specific spatial dynamics within the national urban fabric. However, this concentration raises critical questions about contextual relevance and regional balance, particularly as secondary cities receive comparatively modest allocations. The dominance of utility and construction projects also prompts reflection on functional resilience, as long delivery timelines extending toward 2028 and 2029 test coordination, capacity, and long-term adaptability. Ultimately, the scale and momentum of these awards signal an architectural ambition rooted in accelerated city-building, whose lasting value will depend on equitable distribution, integration, and sustained urban performance.