The construction industry in Saudi Arabia is expected to grow by 3.6% in real terms in 2026, supported by an increase in foreign direct investment (FDI), coupled with investments in the housing and manufacturing sectors. According to the General Authority for Statistics (GaStat), Saudi Arabia attracted a net FDI inflow of SAR72.3 billion ($19.3 billion) in the first nine months of 2025, a sharp increase of 32.7% year on year (YoY) compared to the same period of 2024. Similarly, the total value of real estate loans from banks grew by 11.5% YoY in 2025, preceded by an annual growth of 13.3% in 2024, according to the Saudi Central Bank (SAMA).
Over the remainder of the forecast period, the Saudi Arabian construction industry is expected to register an average annual growth of 4.7% from 2027 to 2030, supported by an improvement in transport infrastructure, renewable energy and data centers, coupled with investments in preparation for the International Federation of Association Football (FIFA) World Cup 2034 event. Notably, Saudi Arabia is planning to construct stadiums as the kingdom plans to host the FIFA World Cup in 2034. According to Saudi Arabia’s bid book, 11 new stadiums will be built by 2032. Saudi Arbia’s state-owned energy company, Saudi Electricity Company (SEC) is aiming to modernise its grid and expand transmission capacity by the end of 2030. It involves a total investment of SAR220.1 billion ($58.7 billion). It includes the construction of 130 high-voltage substations along with about 12,900km of overhead transmission lines and 1,100km of underground cables. Growth over the forecast period will be supported by the country’s plan to expand its railway network to 8,000km by 2030 from 5,300km in 2024, as part of its Vision 2030. The Kingdom is also implementing the National Strategy for Data and Artificial Intelligence (AI) for making the Kingdom one of the top 17 countries in the world in the field of data and AI by 2030.
The Construction in Saudi Arabia - Key Trends and Opportunities to 2030 (Q1 2026) report provides detailed market analysis, information, and insights into the Saudi Arabian construction industry, including:
Over the remainder of the forecast period, the Saudi Arabian construction industry is expected to register an average annual growth of 4.7% from 2027 to 2030, supported by an improvement in transport infrastructure, renewable energy and data centers, coupled with investments in preparation for the International Federation of Association Football (FIFA) World Cup 2034 event. Notably, Saudi Arabia is planning to construct stadiums as the kingdom plans to host the FIFA World Cup in 2034. According to Saudi Arabia’s bid book, 11 new stadiums will be built by 2032. Saudi Arbia’s state-owned energy company, Saudi Electricity Company (SEC) is aiming to modernise its grid and expand transmission capacity by the end of 2030. It involves a total investment of SAR220.1 billion ($58.7 billion). It includes the construction of 130 high-voltage substations along with about 12,900km of overhead transmission lines and 1,100km of underground cables. Growth over the forecast period will be supported by the country’s plan to expand its railway network to 8,000km by 2030 from 5,300km in 2024, as part of its Vision 2030. The Kingdom is also implementing the National Strategy for Data and Artificial Intelligence (AI) for making the Kingdom one of the top 17 countries in the world in the field of data and AI by 2030.
The Construction in Saudi Arabia - Key Trends and Opportunities to 2030 (Q1 2026) report provides detailed market analysis, information, and insights into the Saudi Arabian construction industry, including:
- The Saudi Arabian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Saudi Arabian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Report Scope
This report provides a comprehensive analysis of the construction industry in Saudi Arabia. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
