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Saudi Arabia's infrastructure and construction market is a significant contributor to the country's economy, with a projected value of USD 86.70 billion by 2028. This growth is driven by several factors, including the government's Vision 2030 plan, which emphasizes infrastructure development, and the increasing demand for housing, transportation, and energy.
The Saudi Arabian government is a major procurer of infrastructure and construction products and services. In 2022, the government awarded over USD 50 billion in contracts for infrastructure projects. The government's procurement process is governed by a number of regulations, including the Law on Public Procurement and the Government Tenders and Auctions Law.
The Saudi Arabian government procures a wide range of infrastructure and construction products and services, including:
Roads and bridges
Railways
Airports
Ports
Power plants
Water treatment plants
Housing
The top authorities responsible for infrastructure and construction procurement in Saudi Arabia are:
The Ministry of Municipal and Rural Affairs and Housing
The Ministry of Transport
The General Authority for Civil Aviation
The Saudi Railways Company
The Saudi Electricity Company
The top winners of Saudi Arabia infrastructure and construction procurement contracts in recent years include:
Saudi Arabian Binladin Group
Larsen & Toubro
Orascom Construction
Samsung C&T
China State Construction Engineering Corporation
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