BIG 5 Construct Saudi 2025

Address:RIYADH FRONT EXHIBITION & CONFERENCE CENTER

Time:24th-27th,Feb.2025

Booth No.: Hall6-6B133

Exhibition Introduction: Big 5 Construct Saudi is one of the most influential industry exhibitions in Saudi Arabia, organized by the renowned international exhibition group DMG Group in the UK, once a year. So far, twelve sessions have been successfully held. The exhibition received strong support from relevant government departments in Saudi Arabia. In 2024, more than 1300 exhibitors from 47 countries participated in the five major industry exhibitions in Saudi Arabia, covering an area of over 70000 square meters and gathering 64331 construction professionals, surpassing all previous records and promoting over $1 billion in commercial activities. More than 60 themed speeches were also held at the exhibition site.

Market analysis:

According to comprehensive data, the average annual growth rate of Saudi Arabia's construction industry output from 2023 to 2026 is expected to reach 4%. Under the ESKAN project of the Ministry of Housing, it is planned to construct 500000 housing units.

To achieve Saudi Arabia's "2030 Vision" and promote diversified economic development, the Saudi Sovereign Wealth Fund (PIF) launched five mega project plans (collectively referred to as "giga" projects) a few years ago: the Future New City Project (NEOM), Qiddiya Entertainment City Project (Qiddiya), Red Sea Development Project (Red Sea), Roshn Housing Development Project (Roshn), and Diriyah Development Project. The NEOM project alone has committed an investment of 500 billion US dollars.

In September 2021, the total amount of engineering contracts for the Giga project was only 9 billion US dollars, but by 2022, the total contract amount for the same period had reached 26 billion US dollars, and by September 2023, it had almost doubled.

As of 2023, the infrastructure market size in Saudi Arabia has reached 34.46 billion US dollars, and this number is still on the rise. Experts predict that the market will continue to expand at a compound annual growth rate of 4.48% over the next five years, and is expected to reach $42.89 billion by 2028. It is expected that by 2025, the construction industry will contribute $100 billion to Saudi Arabia's GDP. For construction and engineering companies, this will be a golden age.

In infrastructure construction, materials and equipment are an indispensable part. From cement and steel to advanced construction machinery, Saudi Arabia's demand for building materials is expected to grow at a compound annual growth rate of 5.2%.

In the coming years, Saudi Arabia will host multiple world-class events such as the 2030 World Expo, 2027 Asian Cup, 2029 Asian Winter Games, 2034 Asian Games, and 2034 World Cup. The construction of these venues undoubtedly brings more opportunities for the construction industry.

The latest Global Construction Industry Monitoring Report released by the Royal Institution of Chartered Surveyors (RICS) shows that Saudi Arabia's construction industry activity index is the strongest in the world. In the third quarter of 2023, Saudi Arabia's index was 69%, indicating that large-scale construction projects in Saudi Arabia will have a sustained impact.