Contracting Projects in Riyadh
Monitoring the progress of contracting projects and analyzing market trends for effective management and smooth access to new opportunities are among the main challenges faced by contractors in the contracting sector. This is especially true with the launch of a new wave of construction projects in Riyadh that enhance its aesthetic appearance and align with the ambitious goals of Saudi Arabia’s Vision 2030 to diversify the city’s economy beyond traditional oil dependence. This initiative also aims to create more job opportunities, promote development and innovation, and attract investment. Finally, the projects scheduled for completion before hosting Expo 2030 aspire to become a global hub for all sectors.
This article will outline the key details of contracting projects in Riyadh, highlighting your opportunity to access the best nearby subcontracting projects along with their timelines, aiming for the largest investment opportunities and contributing to the country’s remarkable development plans.
Key Contracting Projects in Riyadh
It is worth mentioning that the Kingdom of Saudi Arabia takes its responsibility for the future of sustainable development seriously and has already launched the ambitious 2030 initiative for major cities in the Kingdom, which includes the largest contracting projects in Riyadh. Here’s a list of the most significant ones:
King Abdullah Financial Center
The King Abdullah Financial Center is one of the most prominent projects listed on the map of future Saudi projects for 2030, reshaping the city’s construction horizon. It spans 1.6 million square meters, located in the heart of Riyadh, and is the largest financial center in the Middle East. It features the construction of 100 suspension bridges linking the project’s towers, creating an integrated destination that combines work, living, and leisure.
The project is strategically situated among the three main roads, comprising glass skyscrapers with attractive architectural designs that will serve as headquarters for major banks and global consulting firms in Saudi Arabia. It also includes administrative and residential units and world-class infrastructure, playing a vital role in economic growth and boosting foreign investment in Riyadh.
Get your free trial now for the SCAVO platform to access more accurate data about the most important contracting projects in Riyadh to gain a competitive edge in the contracting sector and achieve more projects.
Avenues Riyadh Project
The Avenues project is one of the largest contracting projects in Riyadh and the Middle East, designed over a massive area of 390,000 square meters, with a total project area of 1,400,000 square meters. It is located at the strategic intersection of King Fahd Road and King Salman Road in Al-Malqa neighborhood. The project features the largest shopping center with 1,300 retail outlets and five towers designated for multiple uses, including residential and medical facilities, along with a five-star hotel and another four-star hotel.
Al-Shaya Company is the executing company for the project, which has been financed with approximately 5 billion riyals from nine banks in Saudi Arabia and Kuwait, along with 500 million riyals from the Saudi Ministry of Finance.
Sports Street
The Sports Street project, or the Sports Track, aligns with the ambitious goals of Saudi Vision 2030. It is the largest linear park in the world, encouraging citizens to engage in various sports. The track extends over 135 kilometers, connecting Wadi Hanifa in the west to Wadi Al-Sulai in the east. It includes safe, tree-lined paths for pedestrians, dedicated cycling paths, and equestrian trails, in addition to a wide range of sports facilities, including a sports tower featuring courts for various sports and games.
The project also includes numerous green spaces, water features, and recreational areas, making it a unique destination for anyone seeking entertainment and relaxation.
King Salman Park
One of the most prominent contracting projects in Riyadh, King Salman Park spans 16 square kilometers. The project consists of a Royal Arts Complex covering over 400,000 square meters, a national theater with a capacity of 2,500 seats, an opera house accommodating 8,000 seats, a water park exceeding 140,000 square meters, and numerous other facilities. The park’s boundaries extend beyond its green haven to include residential facilities consisting of 12,000 housing units and 16,000 acres with 2,300 rooms.
The project aims to increase the per capita share of green spaces in Riyadh by 16 times by planting over 7.5 million trees throughout the city.
Banan City
According to the 2024 construction projects report in Saudi Arabia, Banan City is one of the largest contracting projects in Riyadh, located in the Al-Fursan neighborhood. It covers an area of approximately 10 million square meters and includes 27,750 housing units, ranging from villas to apartments. Forty percent of the total project area consists of green spaces, indicating a commitment to sustainability in line with the Riyadh Green Project, promoting a healthy environment with parks, gardens, and clean air.
Types of Contracting in Construction Projects
Contracting in construction projects involves managing and executing construction, repair, development, improvement, and renovation processes. Here is a list of the main types:
- General Contracting: Involves handling various construction projects of all types and sizes, whether industrial, commercial, residential, or governmental.
- Specialized Contracting: Focuses on providing specialized services in specific areas within the overall construction project, such as plumbing, electrical work, HVAC, and green building.
- Consulting Contracting: Engaged in providing design and consulting services for any construction project, beneficial for engineering design and project planning and management.
- Consulting Contracting: Responsible for executing specific parts of the construction project, such as construction work, pouring, or establishing and installing electrical systems.
Some may wonder specifically about the types of subcontracting in construction projects near them. Notably, subcontractors are companies specializing in executing a particular field or part of the construction process under the supervision of the general contractor. Here’s a list of the main types of subcontracting in construction projects:
Types of Subcontracting in Construction Projects
- Reinforced Concrete Contracting: Responsible for reinforced concrete work, including building foundations, columns, and bridges.
- Supply Contracting: Responsible for providing the raw materials and equipment used in executing the project.
- Sanitary Works Contracting: Specialized in establishing and installing plumbing and sewage systems, such as pipes, tubes, tanks, and other sanitary supplies.
- Electrical Works Contracting: Specialized in establishing electrical works, from electrical distribution panels to outlets and final lighting.
- Finishing Contracting: Specialized in final finishing works, including ceramics, paints, and woodwork.
- Glass and Aluminum Contracting: Responsible for implementing aluminum doors, windows, and glass panels.
- HVAC Contracting: Responsible for installing cooling and air conditioning systems within the building.
- Insulation Contracting: Specialized in insulating buildings from heat, moisture, and noise.
- Metal Works Contracting: Responsible for installing iron fences, railings, and any metal structures inside the building.
The SCAVO platform helps you access the most accurate information about projects across the Kingdom, especially those near your area. You can then connect with decision-makers in these projects and submit proposals to obtain subcontracting opportunities, so don’t hesitate to subscribe to the platform now. There are several questions regarding the contracting project sector, the most prominent of which is how to obtain contracting projects. This requires first understanding the types of contracting projects, which we will clarify in the next section.
Types of Contracting Projects in Riyadh
Contracting companies in Riyadh execute various projects in the construction and building sector, from planning and design to coordinating all aspects of the project until final delivery. Here is a list of the main types of contracting projects by companies in Riyadh:
- Industrial Projects
- Power generation stations
- Industrial facility projects
- Warehouses and storage facilities
- Commercial Projects
- Shopping centers
- Company headquarters
- Hotels and tourist resorts
- Infrastructure Projects
- Projects specialized in constructing:
- Bridges, tunnels, and highways
- Water treatment plants, water and sewage networks
- Modern communication networks
- Developing infrastructure for advanced cities
- Ports, marine docks, railways, and airports
- Projects specialized in constructing:
- Government Projects
- Universities, schools, and educational centers
- Hospitals and medical centers and clinics
- All government facilities
- Residential Projects
- Houses
- Residential towers
- Large residential communities
- Energy and Environment Projects
- Sustainability projects
- All renewable energy projects
- Real Estate Development Projects
- Land development and conversion into residential and commercial projects
- Integrated communities that include several housing units and recreational facilities
How to Get Contracting Projects?
For those wondering how to obtain subcontracting projects, there are precise steps you can easily follow to secure future and ongoing projects in your area with specific timelines. Here are the steps:
Steps to Obtain Subcontracting Projects in Other Cities
- Establish and Register the Company or Institution: Start by establishing a general contracting company or institution and registering it to obtain the necessary licenses from the relevant authorities.
- Promote the Company: Market your company by creating a dedicated website and promoting the services you offer through advertising, publicity, and social media.
- Participate in Tenders and Requests for Proposals: Stay updated on government and public project news, then submit proposals for suitable projects aligned with your company’s capabilities.
- Build a Network of Relationships: Establish strong connections with government agencies and project owners by engaging with them and attending various events.
- Ensure Quality and Reliability: Commit to precision and quality in executing projects and adhere to deadlines to gain the client’s trust and build a good reputation.
- Subscribe to Platforms Tracking Major Projects: Engage with platforms that track significant projects in your vicinity, such as SCAVO, which provides users with the most accurate information about major projects, timelines, and decision-makers. You can now connect with them and submit offers to secure subcontracting projects nearby.
You can access accurate and reliable data about contracting projects in Riyadh and throughout Saudi Arabia through the SCAVO platform, which is not available anywhere else. This will pave the way for you to make informed decisions when choosing your projects, enhance work efficiency, and achieve the highest levels of success. To subscribe to the SCAVO platform, you can follow these steps:
Steps to Subscribe to the SCAVO Platform
- Visit the platform’s website by clicking here.
- Sign up for the free trial of the platform by filling out the demo request form, which includes your company and personal information.
- Click on “Request Now.”
SCAVO Project Tracking Platform
The SCAVO platform provides subscribers with the latest and most accurate information about contracting projects in Riyadh and all cities in Saudi Arabia. Subscribing to the platform enables construction professionals to obtain immediate data and actionable insights, driving market forces towards excellence and success. SCAVO ensures users access to major investors and the latest updates on construction projects, in addition to being informed about significant developments and trends within the construction sector. This empowers them to make informed decisions when acquiring and managing contracting projects, allowing them to always outpace their competitors.
The SCAVO platform is a powerful electronic tool for attracting targeted clients and equipping institutions with the latest smart technological tools, such as analytical and statistical tools to understand the market and projects better, thereby securing more contracts in the construction sector.
The platform enables users to monitor industry trends, evaluate competitors’ activities, and gain essential insights for strategic planning. You can easily access these features by subscribing to the platform.
Scavo is tracking these major projects and many more, if you would like to find out more on how you can subscribe to receive access to project data, please contact us.