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Top 10: Saudi Arabia’s largest projects by value

The following article lists Saudi Arabia’s top 10 largest projects by value, according to research conducted by BNC Network on behalf of The Big 5 Saudi 2017

Despite being on course to become the tallest manmade structure in the world, Jeddah Tower is only the 10th largest project in Saudi Arabia by value.
Despite being on course to become the tallest manmade structure in the world, Jeddah Tower is only the 10th largest project in Saudi Arabia by value.

Saudi Arabia’s 10 largest construction projects are worth a combined $92bn (SAR345bn), according to research published ahead of The Big 5 Saudi 2017.

BNC Network’s Report on Ongoing Mega Projects, which was commissioned by the show’s organisers, dmg events Middle East, Asia & Africa, revealed the approximate values and estimated completion dates of the kingdom’s 10 largest construction projects.

At an estimated $700bn (SAR2.63tn), the researchers also found that the sectors of urban construction and transportation account for approximately 68% of the overall value of projects in Saudi Arabia.

The following article lists the country’s 10 largest construction projects by value, in ascending order.

Project name: Jeddah Tower
Location: Jeddah
Designation: Mixed-use
Approximate value: $1.8bn (SAR6.75bn)
Estimated completion date: March 2020

Project name: The Avenues
Location: Riyadh
Designation: Retail
Approximate value: $1.9bn (SAR7.13bn)
Estimated completion date: 2019

Project name: Mall of Saudi
Location: Riyadh
Designation: Retail
Approximate value: $3.2bn (SAR12bn)
Estimated completion date: March 2022

Project name: Abraj Kudai
Location: Mecca
Designation: Hospitality
Approximate value: $3.5bn (SAR13.1bn)
Estimated completion date: End of 2017

Project name: Fadhili Gas Plant
Location: Jubail
Designation: Oil and gas
Approximate value: $6.6bn (SAR24.75bn)
Estimated completion date: December 2018

Project name: Prophet’s Mosque
Location: Medina
Designation: Religious
Approximate value: $6.7bn (SAR25.13bn)
Estimated completion date: End of 2017

Project name: Jazan Oil Refinery
Location: Jazan
Designation: Oil and gas
Approximate value: $7bn (SAR26.25bn)
Estimated completion date: 30 November, 2017

Project name: Holy Haram Mosque
Location: Mecca
Designation: Religious
Approximate value: $17.2bn (SAR64.5bn)
Estimated completion date: May 2019

Project name: Dahiyat Al Fursan
Location: Riyadh
Designation: Residential
Approximate value: $20bn (SAR75bn)
Estimated completion date: March 2020

Project name: Riyadh metro
Location: Riyadh
Designation: Transport
Approximate value: $24.3bn (SAR91.1bn)
Estimated completion date: December 2020 (overall)

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Construction Week - Issue 749
Sep 15, 2019