MEED Webinar Presentation: Saudi Giga Projects 2024 – Latest Updates Webinar

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MEED Webinar Presentation: Saudi Giga Projects 2024 - Latest Updates Webinar


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Saudi Giga Projects 2024 – Latest Updates presentation contains:

1. Latest update to June 2024 on the giga projects programme and the Saudi projects market in general

2. Updated summary description of each giga project, including major programme elements

3. Analysis of contracts and spending to date

4. Highlights of key contracts to be tendered and awarded in 2024

5. Preview of future, unannounced giga projects

6. Analysis of top contracts by work already awarded on the giga projects

7. Evaluation of market capacity and resource expectations

8. Key drivers and challenges going forward

  • Projects Data
  • Competitor analysis
  • Market Forecast
  • Strategic insight

Preview:

This year has already performed strongly, but on a pro rata basis may struggle to reach last year’s exceptional levels. Expectations that the market will continue growing indefinitely appear to be tempered

This record-breaking performance has been driven by the UAE and Saudi Arabia which themselves also posted record highs. While Saudi has taken centerstage, the UAE has arguably been more impressive by jumping nearly 3 times from the 2022 number

Informational graph for the Saudi Giga Projects 2024 - Latest Updates webinar, about Value of GCC contracts awarded by country, 2014 to 2023

Saudi Arabia recorded the best ever year for a country in the region in terms of contract awards in 2023. Its $880bn giga project program was a clear
driver behind the surge in project activity

NEOM dominates in terms of capex to date (and will continue to do in future), but many others have yet to really begin

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MEED is the world’s leading source of Middle East business intelligence. Established in 1957, MEED has been integral to delivering business information and news, intelligence and analysis on the Middle East economies and activities ever since.

To find more free resources for Saudi Giga Projects, download our Saudi Giga Projects: An audience with Red Sea Global webinar