MEED Webinar Presentation: Saudi Giga Projects – Latest Updates 2025 Webinar

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MEED Webinar Presentation: Saudi Giga Projects - Latest Updates 2025 Webinar


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Saudi Giga Projects – Latest Updates 2025 presentation contains:

1. Latest update to January 2025 on the giga projects programme and the Saudi projects market in general, with full data analysis for 2024

2. Assessment of recent managerial changes on some giga projects plus insight on the ‘pause’ in giga projects spending last year and its implications

3. Analysis on the latest contracts and spending up to the end of January 2025

4. Highlights of key contracts to be tendered and awarded in 2025

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

6. Evaluation of market capacity and resource expectations including the latest demand signalling for key materials

7. Key drivers and challenges going forward plus MEED’s outlook for the future short and long-term prospects on the giga projects programme

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

Preview:

2024 was even better than 2023 and has set a new record for the value of projects awarded in a single year. It shows that 2023 was not an exception, and we are clearly enjoying a golden age for the regional projects market. We’ve never had it so good!

Detailed graph from the Saudi Giga Projects - Latest Updates 2025 webinar of Value of GCC contacts awarded 2016 - 2024

There are some interesting variations in sector data, however. Construction spending actually fell last year, but was offset by a massive rise in power spending (mainly renewables), as well as oil and transport projects.

MEED data suggests that work indeed slowed on the giga projects program in 2024. After rising strongly year after year to reach $33bn in 2023, the amount of work awarded in 2024 shows the impact on the ‘pause’ in spending last year.

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Join MEA’s top business developers and analysts who use our projects tracking platform daily to win new contracts and execute market analyses. Request a demo of MEED Projects here.

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 about GCC region, download our GCC Projects Market Performance H1 Report