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Review of current and future projects in Riyadh
Ed JamesDirector of Content & Analysis, MEED [email protected]+97150 6614048www.meedprojects.com
Presentation by:RIYADH INTERNATIONAL
CONVENTION & EXHIBITION CENTER
24 – 27 MAY
All the project information in this presentation is sourced from MEED Projects
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THE RIYADH PROJECTS MARKET
Value of GCC contract awards by country, 2016-2019 ($m)
2019 GCC PROJECTS MARKET
2,6493,808 5,649
13,380
46,218
30,599
0
10,000
20,000
30,000
40,000
50,000
60,000
Bahrain Kuwait Oman Qatar Saudi Arabia UAE
2016 2017 2018 2019
2019 total = $102.3bn2018 total = $101.8bn
Saudi Arabia leads the way
RIYADH IS THE SECOND LARGEST DESTINATION FOR PROJECTS IN KSA
Value of Saudi Arabia contract awards by region, 2010-2019 ($m)
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000
Eastern Province
Riyadh Province
Mecca Province
Jizan Province
Al-Madinah Province
Tabuk Province
Northern Borders Province
Asir Province
Al Qassim Province
Hail Province
Al Jouf Province
Najran Province
Al Bahah Province
CONSTRUCTION & TRANSPORT ARE THE TWO LARGEST SECTORS IN RIYADH
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
Construction Transport Power Water Industrial Oil Gas Chemical
Value of Riyadh contract awards by sector, 2010-2019 ($m)
TOP SHORT TERM PROJECTS
Project Sector Value ($m)
ADA - Riyadh Light Rail Transit (Riyadh Metro): Lines 1 & 2 Transport 9,200ADA - Riyadh Light Rail Transit (Riyadh Metro): Lines 4, 5 & 6 Transport 5,060ADA - Riyadh Light Rail Transit (Riyadh Metro): Line 3 Transport 4,080
MOF - Princess Nora bint Abdulrahman University for Women: Package I Construction 3,332
Ministry of Interior - KAP: Security Forces Medical Complex Riyadh Construction 2,680MOF - Princess Nora bint Abdulrahman University for Women: Package II Construction 2,666
MOHE - King Saud University: Girls Colleges Construction 2,400MOF - Princess Nora bint Abdulrahman University for Women: Package III Construction 2,133
MOD - King Faisal Air Academy Construction and Relocation Project Construction 2,000MOD - King Salman Airbase Facilities Construction and Relocation Project Transport 2,000
Shomoul Holding - The Avenues Riyadh : Mall Construction 1,650Saudi National Guard Health Affairs - King Saud University for Health Sciences Construction 1,600Ministry of Interior - Security Compound: KAP 4: Package 1 Construction 1,200SANG - Staff Housing Project in Khashm Al Aan & King Khalid Academy Construction 1,030Yamama Saudi Cement Company - Riyadh Cement Plant Industrial 900
Raidah - ITCC: Phase 2 (Residential) Construction 853PIF - Solar PV Project at Sudair 1090MW Power 780
Ministry of Interior - Security Compound: KAP4: Package 3 Construction 746PIF - Solar PV Project at Sudair 1000MW Power 732
SAR - Minerals Railway: Package 4 Transport 720
Top contracts in Riyadh Province awarded since 2010
TOP CONTRACTORS
Top contractors in Riyadh by value of work under execution ($m)
0 500 1000 1500 2000 2500 3000 3500 4000 4500
Nesma & Partners
ABV Rock Group
Salini Impregilo
El Seif Engineering Contracting
Al Bawani
Fare Construction
Samsung C&T
Saudi Construction Development Company
Freyssinet Saudi Arabia
ThyssenKrupp
Al Rashid Trading & Contracting
Alstom
FCC Construction
Fomento de Construcciones y Contratas SA
Strukton
Sterling & Wilson
Larsen & Toubro
Saudi Binladin Group
Al Ayuni Investment & Contracting
Shibh Al Jazira Contracting
TOP CLIENTS
Top clients in Riyadh by value of work awarded since 2010 ($m)
0 5,000 10,000 15,000 20,000 25,000 30,000
ArRiyadh Development Authority
Saudi Electricity Company
KAFD
Saudi Arabia Ministry of Finance
Saudi Arabia Ministry of Interior
Saudi Arabia Ministry of Defense & Aviation
Saudi Arabia General Authority for Civil Aviation
Saudi Arabia Ministry of Transport
Saudi Arabia Ministry of Education
Saudi Aramco
King Saud University
Saudi Arabia Ministry of Housing
Saline Water Conversion Corporation
Riyadh Municipality
Renewable Energy Project Development Office
Saudi Arabia National Guard
Raidah Investment Company
Shomoul Holding
National Water Company
Saudi Public Investment Fund
CURRENT OPPORTUNITIES
TOP SHORT TERM PROJECTS Top contracts in Riyadh in tender
Project Sector Estimate Value ($m)
QIC - The Qiddiya Project: Public Utilities Package Construction 500
REPDO - Renewable Energy Program Round 3: 300MW Saad Power Plant Power 400MOJ - Judicial Complex & Appeal Court Buildings Construction 368QIC - The Qiddiya Project: Sports Complex Construction 300
MOT - Basateen District Roads and Infrastructure Transport 300
Al Khozama - Al Faisaliah Redevelopment Project: Phase Ib: Hotel and Mall Construction 200
REPDO - Renewable Energy Program: Round 3: 120 MW Wadi Al Dawaser Power Plant Power 180MOHE - Prince Sattam Bin Abdulaziz University Hospital Construction 140
REPDO - Renewable Energy Program: Round 3: 80 MW Layla Power Plant Power 120RM - Zulfi Flood Drainage Networks Transport 120MMRA - Expansion of the Headquarters Construction 100MOHE - Shaqraa University Hospital Construction 83
MOI - Construction of Buildings Construction 80Riyadh Municipality - Flood Prevention Facility in Al Rawabi and Rayyan Area Transport 80
NWC - Waste Water Treatment Plant: Phase 2 in Riyadh Water 80
Rakaa Holding – Century Corner Shopping Complex at King Fahad Road Construction 75Riyadh Municipality - Wadi Al Sali Channel in Riyadh (Part 2) Water 70
RCJ&Y - Roads and Infrastructure Works: Hail Al Worod Transport 70MOT - Second Ring Road: Al Thumama Road to Al Maizilah Transport 60
MOH - Primary Healthcare Centers: Phase 2 Construction 60
TOP LONG TERM PROJECTS
Top contracts in Riyadh in design or study
Project Sector Estimate Value ($m)
ADA - King Salman International Park Construction 16,000
KA-CARE - Nuclear Power Reactor: Package 1 Power 8,000DGDA - Diriyah Gate: Wadi Safar Developments Construction 6,047
SRE - Al Widyan Development Construction 4,208
DGDA - Diriyah Gate Development Construction 4,085
GACA - King Khalid International Airport Expansion: Terminal 4 Transport 3,000Ministry of Municipal and Rural Affairs - Riyadh Storm Water Drainage Project Water 2,900SH - The Avenues Riyadh: Phase 2: Mixed-Use Development Construction 2,700KA-CARE - Nuclear Power Reactor: SMART Reactors Power 2,000
DGDA - Diriyah Gate: Wadi Safar Resort Development Construction 1,333SEC - PP16 Combined Cycle Power Plant: Phase 3 Power 1,200
SEC - PP16 Combined Cycle Power Plant: Phase 1 Power 1,200
PIF - New Office Tower at KAFD-X Construction 1,000MAF - Mall of Saudi: Phase 1 Construction 1,000
ASBC - Samta Garden Construction 1,000ADA – King Salman International Park: Infrastructure Construction 1,000
MAF - Mall of Saudi Construction 1,000SEC - Salbukh Power Plant Power 746MOT – Development of Ring Roads Transport 700SEC - PP16 Combined Cycle Power Plant: Phase 2 Power 700
RIYADH FUTURE PROJECTS BREAKDOWN
Breakdown of future Riyadh projects by sector ($m)
Mixed-Use, 25313, 21%
Theme Park, 18779, 16%
Hotel, Resort, 10184, 9%
Nuclear Power Plant, 10000, 8%Houses, Villas, 6998, 6%
Airport, 6043, 5%
Oil/Gas Power Plant, 5474, 5%
Streets, Utility Networks, 4787, 4%
Museum, Library, 4488, 4%
Solar Power Farm, 4188, 4%
Hospital, Clinic, 3000, 3%
Road, Interchange, 2949, 2%
Tunnel, 2900, 2%Apartments, 2160, 2%
Sport Facility, Stadium, 1875, 2%
Mall, Market, 1509, 1%
University, School, 1305, 1%
Offices, 1225, 1%
Canal, 815, 1%
Water Pipeline, 815, 1%
Government Facility, 583,
0% Water Treatment Plant, 455, 0%
Others, 2135, 2%
More than $196 billion of known future projects
SAUDI ARABIA FUTURE PROJECTS BREAKDOWN
Breakdown of future Saudi projects by sector ($m)
Chemical, 17,966, 2%
Construction, 697,857, 63%
Gas, 11,579, 1%
Industrial, 16,819, 1%
Oil, 19,550, 2%
Power, 113,540, 10%
Transport, 206,197, 19%
Water, 24,051, 2%
More than $1.4 trillion of known future projects
TOP FUTURE SAUDI ARABIA CLIENTS
Top clients in Saudi by value of work planned ($m)
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000
Saudi Arabia General Authority for Civil AviationSaudi Real Estate
ARADAMurooj Jeddah Company
Saudi Aramco Total Refining & Petrochemical CoGovernment of Saudi Arabia
Saline Water Conversion CorporationSaudi Arabia Ministry of Defense & Aviation
Makkah Mass Rail Transit CompanySaudi Water Partnership Company
Albalad AlameenEastern Province MunicipalitySaudi Public Investment Fund
Saudi Electricity CompanyArRiyadh Development Authority
Public Transport Authority Of Saudi ArabiaSaudi Aramco
Renewable Energy Project Development OfficeMetro Jeddah Company
King Abdullah City for Atomic & Renewable Energy
KEY PROJECTS
17
QIDDIYA - $5bn
Contract Status Value ($m)
QIC - The Qiddiya Project: Public Facilities Design 2262
QIC - The Qiddiya Project: City Center Design 600
QIC - The Qiddiya Project: Motion Core Study 600
QIC - The Qiddiya Project: Golf and Residential Neighborhood Study 600
QIC - The Qiddiya Project: Resort Core Design 500
QIC - The Qiddiya Project: Eco Core Study 500
Scope:Qiddiya is a new entertainment city outside Riyadh. It will comprise 6 unique zones providing leisure and sport attractions over an area of 334km2. The expected duration for phase 1 is from 2016 to 2022, phase 2 is from 2023 to 2025 & phase 3 is from 2026 to 2035
Developer: Qiddiya Investment Company (part of Saudi Public Investment Fund)
Stage: Bidding
Estimated value: $5 billion
DIRIYAH GATE ($9bn)
1
8
Contract Value ($m)Status
DGDA - Diriyah Gate Development: Infrastructure Package 3,915 Design
DGDA - Diriyah Gate: Wadi Safar Resort Development 1,333 Design
DGDA - Diriyah Gate Development: Phase 1 1000 Design
DGDA - Diriyah Gate Development: Phase 1: Mixed Use Development 800 Design
DGDA - Diriyah Gate Development: Infrastructure Works for Wadi Safar 620 FEED
DGDA - Diriyah Gate Development: Phase 1: Museum 200 Design
DGDA - Wadi Safar Infrastructure Works: Water Network 100 FEED
DGDA – Wadi Safar Infrastructure Works: 132kV substations 50 FEED
DGDA - Wadi Safar Infrastructure Works: Sewage Treatment Plant 50 FEED
Scope:A multi-billion dollar new heritage resort, residential, cultural and retail destination on the western edge of Riyadh. It comprises 24 five star hotels with 3,000 rooms, two 132kV substations, 55km of roads of which 15km will be tunnels, and a utility network totaling 6.7km
Developer: Diriyah Gate Development Authority
Stage: Execution
Estimated value: $9bn
19
RIYADH GREEN - $23bn
Scope:A massive project focused on turning Riyadh into a green city by increasing the level of greenery in the capital to 10% from 1% today by building parks, wastewater treatment plants, distribution networks and millions of trees and plants over the next decade.
Developer: ArRiyadh Development Authority
Stage: Execution
Estimated value: $23bn
Project comprises four main components:
• King Salman International Park• Green Riyadh• Sports Boulevard• Riyadh Art
KING SALMAN PARK - $9bn
Scope:The world’s biggest city park will be built on a vacated military airbase in the centre of Riyadh and will cover 9.3 million square metres. It will also comprise 7 different museums, golf course, equestrian centre, visitor centre, 12,000 residential units, 16 hotels and 500,000 square metres of retail space
Developer: ArRiyadh Development Authority
Stage: Execution
Estimated value: $9bn
THANK YOU
Presentation by:
Ed JamesDirector of Content & Analysis, MEED [email protected]
+97150 6614048 www.meedprojects.com
For Saudi exhibiting enquiries:
Nadim BadranCommercial [email protected]
+971 4 438 0355
Hasan Al WayelSales [email protected]
+966 5553 791 29
For international exhibiting enquiries:
Shivani [email protected]+971 50 701 9410