Saudi Contractors Authority says projects awarded in June 2026 exceed $8bn

08/07/2026 04:52 AST

The Saudi Contractors Authority has issued its "Contracting Sector Outlook - June 2026" report via the SCAVO platform, highlighting key indicators for projects awarded in the Kingdom during June.

The report aims to help contractors and investors identify available opportunities and support data-driven decision-making.

According to the report, June recorded the highest number of awarded projects for 2026, with a total of 25 projects. The combined value of these projects exceeded SR29.5 billion ($7.84 billion), placing June second in terms of value after May, when project values surpassed SR 30 billion.

The building and construction sector captured the largest share of projects, with 14 projects worth more than SR20.6 billion, representing 56 percent of the total. This was followed by the infrastructure sector and the water and energy sector, each accounting for 20 percent, while the oil and gas sector made up 4 percent.

The Eastern Province led in the number of awarded projects during June, with 10 projects representing 40 percent of the total. It also ranked first in terms of investment value, with a total exceeding SR11.4 billion, followed by the Riyadh region with more than SR10.8 billion.

Projects were distributed across 14 sub-sectors. Commercial projects recorded the highest number, with four projects, while the multi-use residential apartments sector achieved the highest financial value, exceeding SR6 billion.

The National Housing Co. topped the list of project owners by value, with a total exceeding SR5 billion across 6 projects, followed by Saudi Aramco with more than SR .9 billion.

The report forecasted the award of 23 projects during July 2026, with more than 60 percent concentrated in the building and construction sector.

Nearly half of the expected projects are anticipated to be concentrated in the Eastern Province, Riyadh region, and Makkah region, with major entities expected to launch projects, including the Public Investment Fund, Saudi Aramco, SABIC, and a number of other investment bodies.

This report is part of the Saudi Contractors Authority's ongoing efforts to provide periodic indicators and analyses on the contracting sector, aimed at enhancing transparency, supporting strategic planning, and helping contractors capitalize on investment opportunities across the Kingdom's various regions.

SPA