Saudi construction awards hit SAR 233B in 2025, water and energy lead

Power generation projects ranked first by value at SAR 43.41 billion across 22 projects. Roads and bridges came second at SAR 31.28 billion across 35 projects. Hotel projects totaled SAR 13.55 billion across 24 projects.

The largest single project was construction of multiple structures at the Zuluf field, owned by Saudi Aramco, valued at SAR 21.94 billion. The King Salman International Airport project, including six parallel runways, was second at SAR 20.63 billion.

The SCA report confirmed that the contracting sector remains a central pillar of the kingdom's non-oil economy. Power generation and water projects – the top two categories combined – reflect a continued focus on utility infrastructure and energy diversification. The large share held by the Riyadh and Eastern Province regions tracks closely with the location of major giga-projects and industrial zones tied to Vision 2030.

A single contract, the Zuluf field work, accounted for about 9% of the annual total by value. That project alone, along with the airport runways, shows how government capital spending is concentrated in a few large-ticket items. Smaller contractors may find the bulk of opportunity in the 270 building and construction projects, which averaged about SAR 277 million per contract – a lower threshold than the energy or infrastructure segments.

The data gives a snapshot of a year when Saudi sovereign capital was deployed heavily into real assets. Whether the 2026 pipeline holds similar volume will depend on budget allocations, oil revenue, and the pace of giga-project phasing, none of which the SCA report forecasts.