Saudi Arabia to face real estate capacity constraints until 2028
28-Mar-25, Zawya
Saudi Arabia will face real estate capacity constraints until 2028 amid a surge in mega events, however cash flow from FIFA World Cup 2030 and Expo 2030 will boost infrastructure, according to JLL.
Getty%20Images.png "Riyadh Towers (c)Getty Images")
Image: Getty Images
Capacity constraints are expected to be a challenge between 2025 and 2028 as Saudi Arabia gears up for major events, with rising costs and geopolitical tensions adding further pressure. These challenges are being addressed through intensified localisation efforts, infrastructure investment, digital transformation, regulatory reforms, enhanced stakeholder collaboration, and a focus on renewable energy and sustainability.
Although the Middle East and Africa construction market slowed in 2024, Saudi Arabia remained robust, accounting for USD29.5 billion of the total construction project awards.