The scale and value of infrastructure projects in Saudi Arabia are growing exponentially Valued at $120.4 billion in 2021, this sector is primed for growth with a projected yearly average growth rate of at least 4% from 2023 to 2026. This is being driven by investments in transportation, renewable energy, housing, and tourism, with in excess of 5,200 ongoing projects worth a grand total of $819 billion.
Undoubtedly, one of the most talked about and ambitious projects is The Line, a smart city initiative worth $500 billion and spanning 170 kilometers, giving precedence to nature, sustainability, renewable energy, and advanced transportation. NEOM high-speed rail line is another major project, a joint venture between Italian contractor Webuild and Saudi Arabian counterpart Sajco, and will connect The Line with Oxagon, a revolutionary hub comprising interlocked floating sections. Then there is Qiddiya, a vibrant and liveable destination city based on pillars of entertainment, sports, and culture.

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