{"id":112600,"date":"2026-11-10T13:13:52","date_gmt":"2026-11-10T10:13:52","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=112600"},"modified":"2026-11-10T13:13:54","modified_gmt":"2026-11-10T10:13:54","slug":"148-5-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d9%82%d9%8a%d9%85%d8%a9-142-%d9%85%d8%b4%d8%b1%d9%88%d8%b9%d9%8b%d8%a7-%d9%85%d8%b1%d8%b3%d9%91%d9%89-%d8%ae%d9%84%d8%a7%d9%84-10-%d8%a3","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/112600\/","title":{"rendered":"148.5 billion riyals worth of 142 projects awarded in 10 months... Eastern Province leads the way"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Record <strong><a href=\"https:\/\/amlak.net.sa\/en\/110144\/\">Contracting sector <\/a><\/strong>Saudi Arabia witnessed remarkable activity in awarding projects during the first ten months of 2026, with the total value of awarded projects reaching approximately 148.5 billion riyals, distributed across various regions of the Kingdom, according to data.<strong><a href=\"https:\/\/muqawil.org\/public\/publications\/d6c6613b4b4071c40ae913a93bbb63a4e3229e53.pdf\"> Saudi Contractors Authority<\/a><\/strong>. <br><br>The data revealed a clear disparity in award values between months, with May topping the list in terms of financial value, while June recorded the largest number of projects, while Riyadh and the Eastern Province emerged as the main drivers of award activity during the period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the \u00abContracting Sector Outlook\u00bb report issued by the Saudi Contractors Authority for October 2026, May recorded the highest value of projects awarded during the year, with more than 30 billion riyals, followed by June in second place with a value exceeding 29.5 billion riyals, and then October with about 24.6 billion riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">March came in fourth place with a value of approximately 15.7 billion riyals, followed by April with about 11.8 billion riyals, then January with a value of 11.7 billion riyals, while the value of projects awarded during July amounted to about 9.75 billion riyals, September 7.76 billion riyals, and August 4.85 billion riyals, while February recorded the lowest value during the period with about 2.8 billion riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of the number of projects, June led the months with 25, followed by April and October, each with 23, and then May with 18. August saw 13 projects, while March and July each recorded 11, compared to nine in September, seven in January, and five in February, according to the chart in the report.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>October saw 23 projects recorded, valued at 24.6 billion riyals.<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding the projects awarded during October 2026, data from the \u00abSkafo\u00bb platform, which specializes in tracking projects, showed the awarding of 23 projects with a total value exceeding 24 billion riyals, with the oil and gas sector accounting for the largest share of the financial value, while the construction sector led in terms of the number of projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The value of projects in the oil and gas sector reached approximately SAR 17.4 billion through two projects, while the construction sector recorded nine projects valued at SAR 3.77 billion. Infrastructure projects amounted to approximately SAR 2 billion through eight projects, while the water and energy sector recorded two projects valued at SAR 562.5 million, and the industrial sector recorded one project valued at SAR 750 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These figures reveal a significant concentration of investment value in oil and gas projects, which accounted for approximately 70% of the total value of projects awarded during October, compared to a larger share for the construction sector in terms of the number of projects, according to the sector distribution in the report.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>13 sub-sectors... Exploration and production facilities take the lead<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The distribution of October projects extended to 13 sub-sectors, and the activity of exploration and production facilities topped the list in terms of the number of projects and their financial value, after recording six projects whose value exceeded 9.6 billion riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The remaining projects were distributed across multiple sub-activities, including oil and gas development, infrastructure, construction, water, energy and industry projects, reflecting the diversity of work witnessed by the contracting sector during the month, with the largest part of the value concentrated in exploration and production projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Eastern Province is advancing in the number of projects<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of the geographical distribution of projects in October, the Eastern Province ranked first in terms of the number of projects, accounting for 12 projects, representing approximately 521 TP3T of the total projects awarded during the month. Riyadh came in second with five projects, followed by Madinah with two. Makkah, Asir, and Najran each recorded one project, while Al-Jawf, Tabuk, Hail, Al-Qassim, Al-Baha, Jazan, and the Northern Borders regions did not record any projects in the October distribution reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of financial value, the Eastern Province topped the list with a total exceeding 18.9 billion riyals, followed by Riyadh with approximately 4.83 billion riyals. Projects in Makkah were valued at around 562.5 million riyals, while Madinah recorded 150 million riyals, and projects in Najran, Asir, and the Northern Borders region totaled approximately 46.9 million riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The sectoral distribution of projects by region showed a difference in the nature of the projects from one region to another. In the Eastern Province, the projects were distributed among the construction, building, industry, and oil and gas sectors, with percentages of 27.27%, 9.09%, and 72.73% respectively, while the Riyadh projects were divided between construction at a rate of 60% and infrastructure at a rate of 40%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>14 projects worth 17 billion riyals delivered<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding the expected timelines for completing the projects awarded during October, the report indicated that the delivery dates are spread over four years, starting in 2027 and ending in 2030.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Two projects, with a total value exceeding SAR 161 million, are expected to be completed in 2027, while three projects, valued at approximately SAR 696.8 million, are anticipated to be finished in 2028. The year 2029 will see the largest share of projects slated for completion, with 14 projects exceeding SAR 17 billion in value. Four projects, with a total value of approximately SAR 6.77 billion, are expected to be completed in 2030.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Aramco leads the list of owners of anchored projects.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the level of project owners, Saudi Aramco ranked first in terms of total financial value and number of projects awarded during October, after it obtained six projects worth 13.125 billion riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Al-Khafji Joint Operations came in second in terms of value with approximately 3.99 billion riyals for one project, followed by the Royal Commission for Riyadh City with two projects valued at 2.002 billion riyals, then \u00abCenter 3\u00bb and \u00abHumine\u00bb with one project valued at 1.875 billion riyals, and finally Yokogawa Engineering \u2013 Middle East and Africa with one project valued at 750 million riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The list of the most important projects in terms of value during October included the Safaniya Field Additional Onshore Expansion Program, Package 1, related to the gas-oil separation facility, owned by Saudi Aramco in the Eastern Province, along with the Dorra Gas Field Development Project \u2013 Onshore Package, in which Khafji Joint Operations, Kuwait Gulf Oil Company and Saudi Aramco are participating.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The list also included the project to develop intersections 9, 10 and 11 on King Salman Road in Riyadh, belonging to the Royal Commission for Riyadh City, the \u00abCenter 3\u00bb data center project belonging to \u00abHumine\u00bb in the capital, in addition to the project for production platform units in the Abu Sa\u2019fah, Berri, Manifah and Safaniyah fields, belonging to Saudi Aramco.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>10 projects expected to be awarded during November<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding anticipated opportunities in the following month, the report predicted that 10 projects would be awarded to contractors during November 2026, with more than half concentrated in the construction sector and approximately half of these projects located in the Riyadh and Eastern Provinces. The report indicated that entities expected to launch their projects in November include the Saudi Arabian Football Federation, the Royal Commission for Riyadh City, the Public Investment Fund, Expo 2030 Riyadh, and Saudi Aramco.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The \u00abContracting Sector Outlook\u00bb report is based on data from the \u00abSkavo\u00bb platform, a platform specializing in tracking projects within the Kingdom. It comes as part of a partnership between the Saudi Contractors Authority and \u00abVentures Onsite\u00bb company, with the aim of making project data available and helping contractors and those interested to follow opportunities and reach the responsible authorities and decision-makers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read also:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/amlak.net.sa\/en\/111636\/\"><strong>The value of contracting projects awarded in the third quarter of 2026 was SAR 22.38 billion.<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/amlak.net.sa\/en\/111645\/\"><strong>Launch of the National Talent Development Program in the Contracting Sector... Learn more about it<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/amlak.net.sa\/en\/111398\/\"><strong>7.76 billion riyals in construction contracts awarded in September... Eastern Province and Mecca lead the way<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/amlak.net.sa\/en\/110593\/\"><strong>4.9 billion riyals is the value of contracting projects awarded in August<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The data showed May leading in value and June in number, with activity concentrated in the Eastern Province and Riyadh, and oil and gas dominating in October.<\/p>","protected":false},"author":27,"featured_media":103882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"148.5 \u0645\u0644\u064a\u0627\u0631 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