Summit underlines dynamism of market

LEADING figures in Saudi Arabia's construction sector last month affirmed that any perceived slowdown in the kingdom's ambitious giga-projects signifies a strategic recalibration rather than a retreat.

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Executives at the Saudi Giga Projects Summit 2025 held in Riyadh last month in fact highlighted the ongoing dynamism of the market, with plans revealed for over 180,000 new hotel rooms and serviced apartments by 2034, and Diriyah Company preparing to offer approximately SAR20 billion ($5.3 billion) in fit-out works across its retail, commercial, and educational assets.

The Saudi Giga Projects Summit 2025 (May 12-14) at The Venue by ROSHN Group in Riyadh featured more than 70 expert speakers and project leaders driving forward the kingdom's development priorities under Vision 2030.

With $288.6 billion worth of projects awarded in the past 12 months, the summit came at a pivotal time for the sector - sharpening focus on continued development and delivery across Saudi Arabia.

Addressing perceptions of delay on Day One, a panel of C-suite executives at the summit underlined that with $1.3 trillion in construction activity projected by 2030, Saudi Arabia remains the world's most dynamic development market.

Attendees heard progress updates from Saudi Arabia's most renowned projects.