The Kingdom of Saudi Arabia is one of the most prominent countries witnessing rapid and remarkable development in the contracting and construction sector, as it has become a global destination for companies and investors in this field. This is due to several factors that have made the Kingdom occupy a prestigious position in this vital sector.

Factors contributing to the Kingdom’s success 1. Vision 2030 Through Vision 2030, the Kingdom seeks to achieve comprehensive and sustainable development, with the contracting sector being an essential part of this vision. The Kingdom focuses on developing infrastructure and major projects such as NEOM, Qiddiya, and the Red Sea Project. 2. Investment in infrastructure The Kingdom has invested heavily in infrastructure development, which has encouraged global companies to invest and operate in the Saudi market. This includes developing roads, airports, and ports, facilitating the movement of goods and people and supporting the contracting sector. 3. Stimulating innovation and technology The Kingdom encourages the use of the latest technologies in construction, such as smart building technologies and 3D printing. This not only improves the quality of projects but also reduces costs and time taken to implement them. 4. Attractive investment environment The Kingdom offers an attractive investment environment through government facilities and laws that encourage foreign investment. Administrative and bureaucratic procedures have been simplified, making it easier for global companies to enter the Saudi market. Major Projects in the Kingdom 1. NEOM Project NEOM is one of the largest projects in the world, and represents a qualitative shift in the concept of smart cities. The project aims to create a sustainable environment based on renewable energy sources. 2. Qiddiya Project Qiddiya Project is an entertainment, sports and cultural destination, and aims to promote domestic and foreign tourism. The project represents a great opportunity for local and international contracting companies to participate in its construction. 3. Red Sea Project The Red Sea Project is one of the most important mega tourism projects in the Kingdom, and aims to develop eco-tourism and luxury on the western coast of the Kingdom. Future Challenges and Opportunities Despite the great successes, the contracting sector in the Kingdom faces some challenges such as the need to develop local skills and raise work efficiency. But these challenges also represent opportunities for development and growth, especially with the government's focus on education and vocational training. In short, the Kingdom of Saudi Arabia continues to strengthen its position as a global destination in the contracting sector through its ambitious projects and supportive policies, making it an attractive destination for companies and investors from all over the world