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Going
Giga
News
16 Sep 2022
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Designed to stimulate the economy, Saudi Arabia's giga-projects are expected to expand significantly beyond the real estate and infrastructure sectors, helping to diversify the economy away from oil, especially given their sheer scale.
Our Rachel Willacy and Paul Sweeney talk people, programmes, procurement and risk, sharing how Compass are overcoming the various challenges associated with delivering these ambitious giga-projects in the latest Middle East Consultant MEConstructionNews.com special edition Saudi Arabia Report.
Giga projects represent the main pipeline of opportunity in the Construction sector in KSA for the next decade and beyond
NEOM Sindalah is a multi-billion dollar giga project that aims to create a new model for sustainable living, combining technology, innovation, and nature to create a city of the future
These large-scale, often multi-billion dollar projects are a testament to the ambitious development plans of the Kingdom of Saudi Arabia and its desire to diversify its economy.
Some of the most notable giga projects in the KSA include the $500 billion NEOM city, the $7 billion Qiddiya entertainment city, and the $500 billion Red Sea project. These projects are expected to create tens of thousands of jobs and drive economic growth in the region.
Construction companies and contractors with experience in large-scale projects will have a unique opportunity to participate in the development of these giga projects and contribute to the growth of the KSA. The construction sector in the KSA is expected to see significant growth in the coming years, and giga projects will be at the forefront of this development, driving strategic procurement and modern methods of modular construction.
For those looking to get involved in the KSA construction sector, now is the time to start building your skills and experience. With a strong focus on giga projects, Compass regional Teams are set to deliver major portions of the anticpated economic growth and opportunity. Read more here.
Our Recrtuitment Team are continually recruiting global Talent to join these transformative projects - to find out more, reach out to hr@compass-pc.com
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