Wednesday, July 08, 2026

Al Jazeera - Economy: Alam Al-Iqtisad

The Saudi Contractors Authority issued a report titled 'A Look at the Contracting Sector – June 2026' through the SCAVO platform, highlighting key indicators of projects awarded in the Kingdom during June, with the aim of enabling contractors and investors to review available opportunities and support data-driven decision-making.

The report stated that June recorded the highest number of awarded projects in 2026, with 25 projects, while the total value of projects exceeded 29.5 billion Saudi riyals, ranking second in value after May, when project value exceeded 30 billion riyals.

The report indicated that the building and construction sector accounted for the largest share of projects, with 14 projects worth over 20.6 billion Saudi riyals, representing 56% of the total projects, followed by the infrastructure, water, and energy sectors each at 20%, then the oil and gas sector at 4%.

Geographically, the Eastern Province led in the number of projects awarded in June with 10 projects, representing 40% of the total, and also ranked first in investment value with a total exceeding 11.4 billion Saudi riyals, followed by Riyadh region with a value exceeding 10.8 billion Saudi riyals.

The report noted that projects were distributed across 14 sub-sectors, with commercial projects recording the highest number at four projects, while the multi-use residential apartment sector achieved the highest financial value exceeding 6 billion Saudi riyals.

The report also showed that the National Housing Company (NHC) topped the list of project owners in terms of value, with a total exceeding 5 billion Saudi riyals across 6 projects, followed by Saudi Aramco with a value exceeding 4.9 billion Saudi riyals.

The report predicted the awarding of 23 projects in July 2026, with over 60% concentrated in the building and construction sector, and about half of the expected projects located in the Eastern Province, Riyadh region, and Makkah region. It also anticipates projects from major entities, including the Public Investment Fund (PIF), Saudi Aramco, SABIC, and several other investment entities.

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