Saudi Arabia Has USD 250 bn in the Pipeline

Tuesday, 20th June 2017

Saudi Arabia has over USD 250 bn worth of projects in the pipeline, with their main construction contracts are yet to be awarded, Invest-Gate reports.

The Kingdom’s pipeline of unawarded projects accounts to 39% of the GCC’s, according to Saudi Arabia 2017: Delivering Vision 2030 report by MEED.

The Saudi energy sector has the biggest pipeline of unawarded project contracts at nearly USD 82 bn, representing 33% of the national total, according to the report. The construction sector is the second biggest segment at 29%, followed by the transport sector at 27%.

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