Saudi Arabia Consultancy Tenders

The Saudi Arabian consultancy market is one of the most lucrative in the Middle East, with an estimated value of $2.1 billion in 2022. This growth is being driven by the government's ambitious Vision 2030 plan, which aims to diversify the economy and create new jobs.

The Saudi Arabian government is a major purchaser of consultancy services, spending an estimated $1.1 billion in 2022. The government's main procurements are in the areas of management consulting, IT consulting, and engineering consulting.

The Saudi Arabian government procures a wide range of consultancy products and services, including:
Strategic planning
Business process improvement
IT strategy and implementation
Engineering design and supervision
Project management

The top authorities for Saudi Arabia consultancy procurement are:
The Ministry of Finance
The Ministry of Economy and Planning
The Saudi Arabian General Investment Authority (SAGIA)

Determining the top winners of Saudi Arabia's consultancy procurement in a blanket statement is difficult due to the vast and diverse types of consultancy projects undertaken. However, some of the leading international players consistently secure major contracts. These include giants like McKinsey & Company, Boston Consulting Group, and Accenture, often partnering with regional firms familiar with the nuances of the Saudi market. Additionally, prominent local consultancies like Jadwa Investment and Strategy& have carved a strong niche, particularly in sectors like infrastructure and government modernization.

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