Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Saudi Arabia: Five Largest Construction Projects Started in Q4 2022

  • With a project value of $4,500 million, the Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project was the largest construction project in Saudi Arabia, on which construction started in Q4 2022. The Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project is located in Riyadh, Saudi Arabia and initially announced in Q1 2021 with an estimated completion in Q1 2027. The SWCC – New Satellite Plants Water Transmissions Systems Phase 2 – Tabuk project was the second-largest project with a project value of $570 million, on which construction work started in Q4 2022. The SWCC – New Satellite Plants Water Transmissions Systems Phase 2 – Tabuk project is located in Tabuk(CITY), Saudi Arabia and initially announced in Q1 2020 with an estimated completion in Q4 2026.

  • The SWPC – Ras Mohaisen To Al Baha IWP and Water Transmission Line – Makkah project was the third-largest project, the Saudi Electricity – 380kV D/C OHTL Between Tabarjal BSP To Buhirah BSP (2 nos) – Tabuk was the fourth-largest project, and the SWCC – Water Transmission System from Al Tafih Water Field to Jubail – Eastern Province was the fifth-largest project with a project value of $500 million, $182 million and $100 million respectively. The SWPC – Ras Mohaisen To Al Baha IWP and Water Transmission Line – Makkah project located in Al Bahah(CITY), Saudi Arabia was announced in Q2 2019 with an estimated completion in Q4 2026, the Saudi Electricity – 380kV D/C OHTL Between Tabarjal BSP To Buhirah BSP (2 nos) – Tabuk project located in Tabuk(CITY), Saudi Arabia was announced in Q1 2020 with an estimated completion in Q1 2024 and the SWCC – Water Transmission System from Al Tafih Water Field to Jubail – Eastern Province project located in Al Jubayl, Saudi Arabia was announced in Q3 2019 with an estimated completion in Q4 2023.

  • Among the five largest projects, the Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project is the longest in terms of completion date, with construction expected to be completed in Q1 2027. On the other hand, the SWCC – Water Transmission System from Al Tafih Water Field to Jubail – Eastern Province project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Saudi Arabia: Five Largest Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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