Saudi Arabia Leads the GCC Region in Greenfield Investments for 2024

According to recent reports, Saudi Arabia claimed 54% of the total value of Greenfield projects across the GCC in 2024, securing its position as the region’s leading investment hub.

According to recent reports, Saudi Arabia claimed 54% of the total value of Greenfield projects across the GCC in 2024, securing its position as the region’s leading investment hub.

These investments span key strategic sectors, including:

🛢️ Energy and industrial infrastructure

📡 Communications  

⚡ Renewables

🏭 Metals and electronic components

Saudi Arabia’s ambitious Vision 2030 is fueling this momentum. With a target of attracting $100 billion in foreign direct investment annually by the end of the decade, Greenfield FDI is set to play a pivotal role in reshaping the Kingdom’s economic future.

Backed by major investments from countries like the US, China, and the UK, the Kingdom is not only leading in volume but also in strategic alignment with global industries and future-ready technologies.

Why Construction is the Industry to Watch?

The surge in Greenfield investments is fueling a rapid expansion in infrastructure and urban development, making construction one of the most promising industries for investors.  

With mega projects like NEOM, The Red Sea Project, and Diriyah Gate, Saudi Arabia is driving demand for cutting-edge construction solutions, sustainable building materials, and advanced project management technologies.

The Kingdom’s focus on smart cities, energy-efficient buildings, and large-scale industrial zones creates a wealth of opportunities for investors and businesses within the sector.

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