Discover the Future: Saudi Arabia's Giga-Projects Tracker Awaits

Saudi Arabia Giga-Projects Tracker | AGBI
Skip to content
Skip to Search
May 12, 2026
About us
Partner with AGBI
Login
|
Register
Skip navigation
Companies
Economic data
All GCC data
All Mena data
Bahrain
Egypt
Kuwait
Oman
Saudi Arabia
Turkey
Qatar
UAE
Saudi Arabia giga-projects
Giga-projects tracker
AlUla
Amaala
Diriyah
Jeddah Central
Neom
New Murabba
Qiddiya
The Red Sea
Roshn
Rua Al Madinah
Sectors
Aviation
Artificial Intelligence
Business of Sport
Construction
Cybersecurity
Defence
Economy
Energy
Entrepreneurs
Finance
Food & Drink
Gaming
Giga-projects
Health
Industry
Infrastructure
Logistics
Manufacturing
Markets
Oil & Gas
Real Estate
Retail
Sustainability
Tax
Tech
Telecoms
Tourism
Trade
Transport
Middle East
All Middle East
GCC
UAE
Saudi Arabia
Bahrain
Kuwait
Oman
Qatar
Dubai
Abu Dhabi
Turkey
Egypt
Jordan
Lebanon
Opinion
All Opinion
All Writers
Frank Kane
Hussain Al Alawi
Austyn Allison
Simon Chadwick
Lucy Chow
Andrew Cunningham
Chris Doyle
John Grant
Katy Holmes
Martin Keulertz
Matein Khalid
Scott Livermore
Alex Malouf
Robin Mills
Dr Nasser Saidi
Analysis
Interviews
Topics
Blockchain
Cryptocurrency
Donald Trump
Electric vehicles
Food security
Gitex 2025
Hydrogen
IPOs
Islamic finance
M&A
Neom
Opec
Red Sea Global
Saudi Vision 2030
Ukraine-Russia war
Water
Lifestyle
People
Work / Life
Entertainment
Arts
Education
World
Africa
Asia
Europe
North America
Latin America
About us
Partner with AGBI
Authors
Executive Team
Login
Register with AGBI
Finance
Energy
Construction
Transport
Tech
Sport
Opinion
Analysis
Economic Data
All sections
Saudi Arabia giga-projects tracker
Saudi giga-projects tracker
Everything you need to know about Saudi Arabia’s giga-projects
Powering Vision 2030
When Saudi Arabia’s first giga-projects – Neom , The Red Sea and Qiddiya – were launched in 2017, they were positioned as the engines powering Saudi Arabia’s Vision 2030 transformation strategy to diversify the economy away from oil.
The country’s leadership envisaged a progressive kingdom capable of tapping into its social, cultural and economic potential.
It aimed to stimulate economic diversification, attract foreign investment, boost GDP and draw millions of visitors, while also providing new economic, leisure and entertainment opportunities for Saudi citizens.
One of Vision 2030’s primary goals was to transform Saudi Arabia through large-scale infrastructure and development projects, including allocating “prime areas within cities for educational institutions, retail and entertainment centres”.
Although giga-projects were not specifically mentioned, the plan identified construction as a key enabler of diversification, calling for the creation of entirely new cities and destinations that would attract private investment, stimulate tourism and enhance quality of life.
Eight years later, a handful of those giga-projects have begun to bear fruit, while others face uncertainty and the prospect of being scaled back .
Lower oil prices and associated economic headwinds have led to fiscal tightening in the kingdom and beyond, with giga-projects bearing the brunt of cuts.
Clockwise from top left: Neom’s Trojena, Alula Old Town, The Red Sea’s Nujuma resort and Roshn’s flagship community Sedra. Images all supplied
“There is a clear focus on ensuring that the kingdom continues to deliver value in accordance with Vision 2030,” says Haroon Niazi, Middle East and Africa board chair at the Royal Institution of Chartered Surveyors.
“On the ground, we can see that budget spend remains challenging, with projects being required to demonstrate tangible alignment with national priorities and global visibility.”
There are signs, however, that a corner is being turned. David Owen, a senior economist at S&P Global Market Intelligence, points to a recent construction purchasing managers’ index survey by S&P on behalf of Riyad Bank and not made public.
While the survey says construction firms reported lower than average growth in new orders since mid-2024, more recent data points to modest recovery in demand growth, which should support the industry and major projects.
Investor confidence may actually be boosted if more realistic versions of the projects are now being developed
In June the International Monetary Fund raised its 2025 GDP growth forecasts for Saudi Arabia to 3.6 percent on the back of expansion in crude production and smaller than expected declines in global oil prices.
Saudi Arabia has the world’s largest construction pipeline – valued at $1.5 trillion in unawarded projects as of the start of 2024, according to consultancy JLL – and there is a growing consensus that recalibration is not only necessary, but beneficial.
“Investor confidence may actually be boosted if more realistic versions of the projects are now being developed, rather than the somewhat fanciful and aspirational nature of the originals,” says Kristian Coates Ulrichsen, Middle East fellow at Houston-based think tank the Baker Institute.
In this special report, AGBI analyses the progress made so far on Saudi Arabia’s giga-projects, what remains to be done and what is shaping their paths to delivery.
All 10 of the projects featured in this report were approached for input and comment. AlUla , Amaala , Diriyah , Qiddiya and The Red Sea responded.
AlUla
Amaala
Diriyah
Jeddah Central
Neom
New Murabba
Qiddiya
Roshn
Rua Al Madinah
The Red Sea
Giga-projects news & Opinion
Editor's Insight
Giga-projects
Vision 2030 at 10: Progress, priorities and unfinished business
This weekend marks the 10th anniversary of the publication of Saudi Arabia’s Vision 2030. Current events in the Strait of Hormuz, the status of the kingdom’s giga-projects and the Covid-19 pandemic have captured the headlines and combined to overshadow the original goals set out 10 years ago. And, as Frank Kane has noted, the decision […]
April 23, 2026
Finance
PIF to release new strategy focused on private sector in ‘weeks’
March 27, 2026
Giga-projects
Neom cancels $5bn Trojena dam and lake contract
March 26, 2026
Giga-projects
Neom terminates structural steel contract for Trojena ski village
March 24, 2026
Giga-projects
Neom terminates $1bn tunnel contract at heart of The Line
March 18, 2026
Giga-projects location map
Giga-projects progress update
GIGA-GUIDES
Analysis
Giga-projects
Giga-guide 1: paying the bills for Vision 2030
Analysis
Giga-projects
Giga-guide 2: finding the teams and the tools to deliver
Analysis
Giga-projects
Giga-guide 3: why AI can change the game for Saudi Arabia
Analysis
Giga-projects
How Saudi Arabia can avoid World Cup ‘white elephants’
AGBI giga-projects tracker
For everything you need to know about Saudi Arabia’s giga-projects
◼︎ AlUla
◼︎ Amaala
◼︎ Diriyah
◼︎ Jeddah Central
◼︎ Neom
◼︎ New Murabba
◼︎ Qiddiya
◼︎ Roshn
◼︎ Rua Al Madinah
◼︎ The Red Sea
◼︎ Stadiums
◼︎ Giga-guides
Sign up to our newsletter
Partner with AGBI
Contact us
United Arab Emirates
Saudi Arabia
Kuwait
Qatar
Follow us on:
Twitter
LinkedIn
Facebook
YouTube
Cookie Policy
Privacy / Terms & Conditions
© 2026 AGBI, part of Link Media Corporation Ltd.

Text scraped from the landing page for research purposes. © respective owners. This text is sourced from the advertiser's public landing page; for removal, contact dmca@luba.media.