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Shaping a sustainable future in Saudi Arabia through a construction boom

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Shaping a sustainable future in Saudi Arabia through a construction boom

How do you build a nation’s future while ensuring safety and sustainability? With Saudi Arabia’s construction market set to reach USD 91.36 billion by 2029, this isn’t just a theoretical question – it’s the challenge facing every developer in the Kingdom. As environmental consultants deeply involved in the Kingdom’s transformation, we’re witnessing firsthand how this construction boom is reshaping Saudi Arabia’s urban landscape.

Market momentum

The construction industry’s growth tells a compelling story:

2024Market size reaching USD 70.33 billion
2024-2029CAGR of 5.37%
2029Projected market value of USD 91.36 billion
CurrentOver 5,200 active projects valued at USD 819 billion
2024-2028GDP growth forecast of 4.6% in 2024, with 5.1% annual average

The scale of transformation

Saudi Arabia leads global construction activity with a remarkable USD 1.5 trillion pipeline of unawarded projects, representing 39% of the total MENA pipeline value.

This unprecedented growth includes:

Sector distribution:

Vision 2030 mega projects in action

The Kingdom’s landscape is being transformed through ambitious projects:

Vision 2030 Neom Map

NEOM: a USD 500 billion smart city

 

Diriyah Gate: a USD 63 billion cultural transformation

 

New Murabba

Our role in Saudi Arabia’s construction transformation

At Staterra, we’re proud to contribute to the Kingdom’s construction boom through our expertise in safety and hazard management. Our work on the DG1 and DG2 Sewage Treatment Plant project at Diriyah Gate Development demonstrates our commitment to ensuring safety in major construction projects through:

  • Comprehensive Hazardous Area Classification (HAC)
  • Detailed Hazard and Operability (HAZOP) study
  • Systematic evaluation of potential operational deviations
  • Appropriate control measures for managing flammable gases and vapours

 

Looking forward

With construction driving Saudi Arabia’s economic diversification, the sector continues to evolve, supported by the Saudi Green Initiative and Vision 2030’s sustainability goals. Our role extends beyond traditional consulting – we’re helping shape a safe and sustainable future for the Kingdom’s construction sector through our proven expertise in environmental compliance and proactive risk management.

Contact us today to ensure your construction project meets Saudi Arabia’s safety and environmental requirements.

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