The Saudi Arabia Transportation Infrastructure Construction Market size is estimated at USD 9.90 billion in 2024, and is expected to reach USD 11.35 billion by 2029, growing at a CAGR of 2.77% during the forecast period (2024-2029).
The COVID-19 had a meager impact on the Saudi Arabia construction sector in 2020, contracted by 0.9%, this Pandemic did not affect the transportation infrastructure construction market, as continuous investments were implemented by Saudi Arabian government.
Recently, Saudi Arabia planned a massive program of infrastructure development, 22 projects worth over USD 134 billion, out of which eight will be for road works, this will create a huge demand for transportation construction companies.
Saudi Arabia's Vision 2030, along with a significant investment in housing and infrastructure development promoted across the country by local authorities, is revitalizing the transportation construction industry and generating interest in a growing number of international players.
The Saudi Arabia Transportation Infrastructure Construction Market is relatively fragmented, with a large number of local and regional players and a few global players. The major players include Almabani, CCC, AL-Ayuni, SCCSA, BINYAH, and many others. There are many new projects upcoming in the sector, increasing public-private partnerships in the market to explore opportunities. This has created opportunities for the global players to invest in the market, as they have world-class facilities to deliver in it.
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