< Previous| TOP 30 SAUDI CONTRACTORS | 30 Makkah Construction and Development Company was established in 1988 with initial capital of US$360.6 million, which was then increased to $438.7 million. The objectives of the company are to build up the areas around Makkah Holy Mosque, and to own, develop, operate, and invest into real estate around the Mosque. The company has been tasked with carrying out all engineering work, surveying, demolishment, and construction works for company projects. It is currently constructing the 1st Commercial and Residential complex, which is located in the surrounding areas of Makkah Holy Mosque. It contains a commercial centre, a prayer hall that can hold 20,000 people, towers, and a hotel. Makkah Construction and Development Company is also the biggest shareholder in Jabal Omar Development Company, the company in charge of executing the Jabal Omar project, which is located on Ibrahim Al-Khalil Street in Makkah. In March 2023, the company announced that it had opened candidacy for the Board of Directors for the 12th season of the company. It stated that the positions will run for a period of three years, starting from June 10th, 2023 and running through to June 9th, 2026. AlFouzan Construction was founded in 1974 and has organically grown into an entity capable of taking on large and complex projects. It has previously been ranked at number 12 amongst the fastest growing companies in Saudi Arabia. It specialises in general construction, including infrastructure and underground utilities, residential, healthcare facilities, and educational projects. Since its inception, the company has focused its efforts on reshaping the face of construction and development in Saudi Arabia, led by chairman Mohammed A. AlFouzan. The company’s portfolio of projects includes Jeddah Economic City, Dar Al Hijra Madinah, King Abdullah Medical City in Makkah, and King Faisal Specialist Hospital and Research Centre. Focused on contributing to Vision 2030, the company aims to create iconic landmark projects, commercial properties, and key infrastructure and residential developments. It has also pledged to incorporate and promote the latest construction technologies and techniques, while also complying and exercising the highest standards of safety and environmental welfare. Established in 1957, Al- Rashid Trading and Contracting Company (RTCC) is a highly regarded general contractor in Saudi Arabia, with clients such as the Ministry of Health, Ministry of Education, Ministry of Interior, Ministry of Water and Electricity, Saudi Railways, the Ministry of Finance, and the Public Investment Fund. RTCC has the ability to undertake and execute all major trades, and projects executed by the company broadly fall into three categories: Building Sector (Residential, Healthcare, Educational, and Commercial); Water Sector (Water Transmission, Pipelines, and Refinement); and Railway Sector. In 2022-2023, the company was part of a major EPC contracts award by Saudi Aramco for new energy projects in the kingdom, as part of a major expansion of its Namaat industrial investment programme. The six JVs involved in the deal included: Kent & Nesma; L&T and Gulf Consolidated Contractors; Samsung Engineering and Al Rushaid Group; Hyundai and Al Rashid Trading and Contracting Company (RTCC); Saipem and Nasser S. Al-Hajri Corporation (NSH) and Sinopec Shanghai Engineering Company (SSEC) and Abdel Hadi Abdullah Al Qahtani & Sons (AHQ). With more than 30 years of experience in the kingdom, Saudi Pan Kingdom Company (SAPAC) is a major players in the construction sector. Specialising in roads, buildings, bridges, tunnels, water networks, sewage works, treatment plants, and micro tunnelling, the company has been involved in the engineering, procurement, and construction of medium to giga-sized projects in both the public and private sectors in the kingdom. Some of the companies that SAPAC has worked with over the course of 2022-2023, are: NEOM, Qiddiya Investment Company (QIC), Royal Commission for Riyadh City, The Red Sea Development Company (TRSDC), AMAALA, Diriyah Gate Development Authority (DGDA), Ministry of Housing, and Saudi Aramco, among others. Today, the company has more than 16 branches across the country, including Riyadh, Arar, Hafer-aI-Batin, Tabouk, Makkah, Madinah, Yanbu and Eastern Province. In addition, the company has established a production unit for Asphalt, while its Cement Industries has been established in different regions to support Construction Operations. 15 MAKKAH CONSTRUCTION AND DEVELOPMENT COMPANY 17 ALFOUZAN CONSTRUCTION 16 AL-RASHID TRADING AND CONTRACTING COMPANY (RTCC) 18 SAUDI PAN KINGDOM COMPANY (SAPAC)| TOP 30 SAUDI CONTRACTORS | 31 Established in 1975, Saudi Arabian Trading and Construction Company (SATCO) began operations by representing foreign companies in the kingdom. With the country going through a major construction boom in the 1980s, the company formed joint ventures with a number of the foreign companies it was representing. When they exited, SATCO reorganised by acquiring the assets from the JVs and transferring their employees into divisions of SATCO. With around 5,000 employees, SATCO has established a reputation as a reputable general contractor, working on a number of high-profile aviation projects, such as King Khalid International Airport, and domestic airports across the country. In October 2022, the company was awarded two projects in NEOM on a design and build basis. These were Construction Villages for 1,576 residents, and 10,000 residents, respectively. The scope of work for these projects include structure concrete and steel work, topographic, geotechnical, and hydrological works, and infrastructure works, amongst much more. Furthermore, due to a high demand for specialised construction services, SATCO has expanded its portfolio of offerings to target more specific solutions. Saudi Arabian Baytur Construction Company was established in 2008 as a Saudi-Turkish partnership, but became 100% Saudi-owned in 2016. Focused on specialised, high-quality execution of contracts for construction, installation, and maintenance works, civil construction works (such as high-rises, residential, commercial, and educational, hospitality, healthcare, industrial and cultural buildings, airports, and other infrastructure related projects. It is ranked as a Grade-A contractor in the kingdom. In 2022-2023, the company won a contract from Umm Al Qura for Development & Construction Co to build part of its Masar mixed-use development in Makkah. This was followed by a strategic alliance with FullStack Modular, a specialist firm in the design, manufacture, and construction of mid-and high-rise modular buildings in urban environments. The alliance will see the two companies pursue opportunities for Vision 2030 together, with large-scale hospitality and urban tourism development initiatives a primary focus. The company is also currently working on phase two of the Jabal Omar project, with four hotel buildings containing 1,402 rooms in total. Masah Specialised Construction was established in 2006 and has quickly grown to become an established name in the Saudi construction landscape. Registered as a Saudi company under SAGIA, the contractor has built a number of hospitals, high-rise towers, and other projects with varied scopes of work, ranging from site preparation, through to infrastructure, MEP, and exterior design. Masah has had a busy 2022-2023, with the company having acquired a number of new projects, including an airport and hotel belonging to the PIF-backed Red Sea Global. It is also working on Aramco gas stations, and a number of towers and projects across the kingdom. One of its most prominent projects scheduled to be completed in 2023 is the Dr Sulaiman Al Habib Hospital project in northern Riyadh. The firm currently has projects worth more than one and a half billion Saudi riyals underway. Also in 2022, Masah and Danube Home, the Dubai-based home retailer, announced a strategic partnership for Project Business in Saudi Arabia. Under the terms of the partnership, the two entities will collaborate on a number of construction projects across the educational, hospitality, and other prominent sectors. During its 58 years in the construction business, Shibh Al Jazira Contracting Company (SAJCO) managed to expand its reach and fields of operations, becoming a leader in its industry, and securing major and principal contracts for the construction and maintenance of roads, bridges, tunnels, underpasses, dams, sewage and water- supply networks, dewatering, water and fuel strategic reservoirs, and piling works. SAJCO is also a long-standing name in the manufacturing field, supplying pre-cast concrete units, aggregates, asphalt, concrete mixes and all types of tiles, of high and strict standards. By being dedicated to diligent and efficient performance, SAJCO has achieved the successful handover of chief private and governmental projects. SAJCO was an essential contractor for the following projects: Taibah University, University of Hail, Maraba Dam, Al Qassim and Hail Highway Road, the construction of main roads in Madina, and others. SAJCO was awarded two contracts from Qiddiya, the latest relate to constructing storm-water drainage, roads and bridges as part of a $186.4 million, three-year contract, involving a 6.5 million cu m excavation to complete the work, which is set for a handover by May 2023 utilizing the skills of over 1000 workers. 19 SAUDI ARABIAN TRADING AND CONSTRUCTION COMPANY (SATCO) 21 SAUDI ARABIAN BAYTUR CONSTRUCTION COMPANY 20 MASAH SPECIALISED CONSTRUCTION 22 SHIBH AL JAZIRA CONTRACTING COMPANY| TOP 30 SAUDI CONTRACTORS | 32 Entering the market in early 2017, the Saudi Real Estate Infrastructure Company (Binyah) is a subsidiary of Tadawul-listed Saudi Real Estate Company (Al Akaria), which is owned by the Public Investment Fund (PIF) through 60% of shares, with a market cap of SAR4.5 million. Along with CEO Fahad Almesfir, the company depends on a committed and quality-oriented team to achieve its mission of delivering world class infrastructure projects through innovation and cost-effective high-quality services Some mentionable road and infrastructure projects done by Binyah include Golf Course Early Works at Wadi Safar for Diriyah Gate Development Authority, and Designing and Building Coastal Inland Roads part of Wadi Protection Project for the Red Sea Development Company. Early this February, Al Akaria confirmed that Binyah will be involved in the designing and construction of the Northern Cultural District’s P3 car park, a $145 million project covering an area of 100,000 sqm for the Diriyah Gate Company; the second contract following a $99.5 million project to execute the enabling works at DG II area. With more than four decades worth of international experience in the global contracting market, the Red Sea International, a joint stock company headquartered in Jeddah with a market cap totalling $207.7 million, is a full-service housing solutions provider. Chaired by Amr Al Dabbagh, the Red Sea International company currently employs more than 1000 employees locally and across its many subsidiaries over the globe. Leading the company’s operations is newly appointed CEO Khalid Mohammed Faqih, having succeeded Tareq Mohammed Telmesani, who had filled the position since 2020. RSI was recently awarded a $51.1 million contract from The Royal Commission for Al Ula to construct a turnkey housing complex. This comes after the modular contractor completed its work on Al Ula Film Camp project, designing and building 150 residential suites. RSI was also a key contractor for MDL Beast Soundstorm22, building and installing four-story buildings with 60 modules to accommodate the festival’s VIP guests. Beginning its contracting operations in 1976 under the leadership of Haif Bin Mohammed Bin Abboud Al Qahtani, today Haif offers its comprehensive solutions and services to the Saudi market as a first-grade specialised contractor and quality- conscious manufacturer; the company has also expanded into the hospitality business, responding to current industry demands. Well engaged in major contracts, and with a labour force exceeding 8,000 employees, the company has completed handovers of projects for private and government enterprises ranging from construction, rock-blasting and steelworks to interior design and landscaping, including animal and plantation farms. In an exciting partnership with Freyssinet Saudi Arabia, Haif has won two construction contracts. One being a three-year, $292.2 million project to construct roads and bridges in the upper plateau to facilitate access to the city centre and the entertainment resort for Qiddiya, the other is an equally massive $585.8 million affair of constructing the infrastructure works for King Salman Park. The company also signed a contract in 2022 with AMAALA for the infrastructure development of the accommodation at the destination’s employee village in Triple Bay.Haif was also a leading contractor on various projects like the Yanbu Silos project, Jeddah Hilton Hotel, 152 clinics in Makkah, and King Abdul Aziz University’s four-story Engineering and Science faculty building. Debuting in the Top 30 list this year is Saudi-based contractor, BEC Arabia. Having emerged in the market in 2010, BEC Arabia has transformed into a dynamic regional organisation offering turnkey projects that comprise civil construction, electromechanical works, infrastructure, landscaping, engineering, and more. Over the past 12 months, the contractor gained recognition after signing contracts worth $3.5 billion with Saudi Arabia’s PIF-funded projects, Amaala and NEOM, in addition to another $1.95 billion contract with KSA’s Ministry of Education, and Saudi Telecom Company, Aqalat. According to BEC, the company differentiates itself by prioritising the upskilling of its workers, increasing operational effectiveness, and optimising value engineering skills to help clients achieve all development related pillars. It also uses an innovative design approach to tackle its projects by utilising construction technologies such as Digital Twins, 3D BIM modeling, IoT sensors, Virtual Reality, amongst others. Some of its most recently completed projects include the $800 million Wadi Alhada residential project, five contractual projects with NEOM, five offices, 125 single housing units, a mobility hub, and the $90 million Hurmah Project in Riyadh. 23 SAUDI REAL ESTATE INFRASTRUCTURE COMPANY (BINYAH) 25 RED SEA INTERNATIONAL COMPANY 24 HAIF COMPANY 26 BEC ARABIA| TOP 30 SAUDI CONTRACTORS | 33 Founded by Eng. Mohammed Al Rashid in 1982, Riyadh-based MARCO is a top-rank construction solutions provider, and holder of a first-class contracting classification, a distinction that allows it to bid on big projects. The company is passionate about delivering projects through its accumulated experience in carrying out work for industrial facilities, infrastructure jobs, and construction of residential, commercial and governmental buildings, and architecture fit- out, all while adhering to ISO and OSH standards. Achieving with the talents of more than 2000 employees, MARCO has won $798.8 million worth of project contracts over the last three years. Noteworthy handovers include General Auditing Bureau Headquarters, consisting of seven floors with a total built up area of 34,500 sq m; Al Diriyah Art Centre for Diriyah Gate Development Authority, a 15-month contract requiring the supply, construction, installation and start-up testing of the centre; and the Supporting Academic Area and Car Parking for Al Imam University, featuring six above-ground floors and three underground levels. Founded in 1978, Freyssinet Saudi Arabia has successfully completed a variety of turnkey projects amounting to several billion Saudi Riyals. And although it started out as a contractor in pre-fabricated and pre-stressed concrete, FSA has developed into a leading general contracting and engineering name, broadening its list of activities to include value engineering, feasibility studies, project management, and project maintenance. Since 2020, FSA has worked on a $292.9 million contract with Qiddiya Investment Company, in collaboration with Haif Contracting, to construct major roads and bridges on the upper plateau of the Qiddiya giga-project. The company also started site-wide infrastructure works at King Salman Park, in another joint venture with Haif Contracting, which was also signed at $292.9 million. Building on its successful handovers, FSA added a $78.2 million infrastructure works contract for the Ministry of Housing to its portfolio, as well as a $74.8 million restoration project for the Royal Commission for Riyadh City, and a Najdi- style mock-up design and build contract for the Diriyah Gate Development Authority. Demonstrating its professionalism since 1977, Tamimi Global (TAFGA), a subsidiary of Al Tamimi Group, has been working with some of the most elite companies in the kingdom, like Saudi Aramco, Saudi Electricity Company, SABIC, and AMAALA, delivering a variety of services, such as facility management, commercial and residential construction, industrial construction and maintenance, catering, and prefabricated building, the latter of which has established TAFGA as a forefront contractor in the modular construction industry. Operating with the strength of 17,000 workers, in 200 locations around Saudi Arabia, Kuwait, and Qatar, TAFGA also has quality-defining accreditations guiding its performance such as ISO-9001:2008, 18001:2007, and HACCP. Working with Saudi Arabian Trading & Construction Co (SATCO), Tamimi Group secured a contract to build and operate the Construction Village for NEOM. In an area designated for more housing projects, the finished project would accommodate 30,000 workers that are a part of the main force developing sites of the $500 billion giga-project. Contracted for the first stage of another major housing project, the group has similarly found a role in designing and building the AMAALA Construction Village. Established in 1980, Abdul Aali Al Ajmi Company is a repeated choice largely by government and semi-government entities requiring a specialised contractor, experienced in major road and bridge construction and maintenance. And while its portfolio shows a number of infrastructure projects, the company offers a much wider range of services that covers petroleum services, surface treatment and road safety, electricity works, building construction, water and sanitation works, among others. The company’s resources, comprising a trained team to operate a series of crushers, concrete & asphalt mixers, alongside its decades- long industry-discipline, allowed it to bid on the Rua Al Madinah project, a large-scale development with a total of 4.9 million sq m in the holy city of Madinah. Similarly, the contractor can be seen at the site of a Jizan refinery, where it’s executing work for a $65.2 million contract from oil giant Saudi Aramco. Its completed projects include the implementation of infrastructure in Jazan for the National Housing Company, the water line project in Abha for the Ministry of Water and Electricity, and the completion of the Ring Road in Al Ahsa for the Ministry of Transport, which was valued at $58.5 million. 27 MOHAMMED AL RASHID CONTRACTING COMPANY (MARCO) 29 FREYSSINET SAUDI ARABIA 28 TAMIMI GLOBAL 30 ABDULALI AL-AJMI COMPANYMARINE LIFE INSTITUTE WILL HAVE THREE LEVELS: TWO BELOW AND ONE ABOVE GROUND 10,340 M2 The Red Sea Marine Life Institute, designed by Foster + Partners, is the world’s rst fully immersive marine life centre. Functioning as both a scienti c research centre and a tourist destination, it is part of AMAALA’s Triple Bay Marina Village project, which is developed by Red Sea Global. Recently, the developer awarded two major contracts to construction rm Saudi Arabia Baytur for the project’s rst phase, which includes work on the institute and the Yacht Club. . . . 2م 10,340 ﺔﻳﺮﺤﺒﻟا ةﺎﻴﺤﻟا ﺪﻬﻌﻣ يﻮﺘﺤﻳ نﺎﻘﺑﺎﻃ :ﻖﺑاﻮﻃ ﺔﺛﻼﺛ ﻰﻠﻋ قﻮﻓ ﻖﺑﺎﻃو ضرﻷا ﺖﺤﺗ ضرﻷا . . . 850 2022 » 24% 70% . . « . » : . «. | فﻼﻐﻟا ﺔﺼﻗ | 17 » : .« . » : . . .« 18,000 4 . . . » « « » . » . 18% 17% . « . . » : . .« . . . . . » : 20 . .« . | فﻼﻐﻟا ﺔﺼﻗ | 16 . . 70% 2030 . . Construction Week Saudi 30% .2030 » : ( 410) 109 2030 : «. » «. . . 2021 . 30,000 » : 20 . .« 130,000 200 . 664 117 . 1,267 | فﻼﻐﻟا ﺔﺼﻗ | 15 ﺖﻨﻠﻋأ . 10,8 100,000 . 18,000 . . . 1,4 . 2,000 13,000 160,000 | فﻼﻐﻟا ﺔﺼﻗ | 14Next >