Saudi Arabia’s Vision 2030 is no longer just a blueprint—it’s unfolding on the ground through a wave of high-value contracts reshaping the Kingdom’s infrastructure, urban landscape, and energy future.
From electricity generation to sustainable housing, and from metro extensions to water security, the Kingdom is moving decisively across key sectors. Here’s a sector-by-sector breakdown of 14 major contracts recently awarded, signaling the scale and seriousness of Saudi Arabia’s transformation.
Power Infrastructure & Transmission
$2.6 Billion Qurayyah IPP Expansion: Orascom Construction and Técnicas Reunidas have been awarded this strategic contract to expand power generation capacity and support rapid urban development.
Grid Strengthening by KEC International: High-voltage transmission projects are reinforcing energy delivery to growing industrial and urban centers.
Urban Development & Real Estate
$114 Million Diriyah Boulevard District: Egis subsidiary Omrania will lead the design of this key heritage-meets-modernity project.
$30 Million Al Basateen Avenue: Emaarona will develop this sustainable residential district, contributing to the rise of eco-conscious living spaces.
Transport & Aviation
$900 Million Riyadh Metro Line 2 Extension: The ANM Consortium will expand the world’s longest driverless metro system.
Strategic Airport Upgrades: Spain’s Sener Group will revamp five Saudi airports, enhancing capacity in anticipation of increased tourism.
Red Sea Airport Ground Services: SGS and daa International will manage operations for five years as part of Saudi’s tourism infrastructure push.
Water Infrastructure & Desalination
$574 Million Ras Mohaisen Desalination Plant: A Larsen & Toubro–Lantania JV will deliver this ACWA Power-commissioned project.
$371 Million Water Treatment Plant by WABAG: Advanced systems to secure clean water for expanding populations.
Jubail–Buraidah Pipeline by MGC: A new high-capacity pipeline will improve water security across multiple regions, with reverse-flow capabilities.
Sports & Entertainment
HVAC & Plumbing for Aramco Stadium: Sharqawi Contracting will equip the world’s first air-conditioned stadium with world-class mechanical systems.
Renewable Energy & Sustainability
1.75 GW Solar Projects by PowerChina: Al Masa’a and Al Henakiyah 2 stations mark a major leap under the National Renewable Energy Program.
700 MW Yanbu Wind Project: Developed by Sepco3 and Marubeni, this is the Kingdom’s third major wind initiative.
Shaybah Field Sustainability Upgrade: KBR’s new contract focuses on enhancing gas-oil separation and injection systems as part of Aramco’s Master Expansion Program.
Conclusion
Each of these contracts represents more than just a project—they are milestones in Saudi Arabia’s transformation. Together, they underscore the Kingdom’s commitment to building a diversified, sustainable, and future-ready economy.
Source: mepmiddleeast.com
